How to improve your Credit Score

In your daily life, your credit score may not seem that important to you. However for someone who is trying to buy a house or a car or get a business loan, your credit score is vitally important and can be the difference between getting the loan or not. Even if you’re approved for the loan, your credit score has an impact on how much you can get and what rate of interest you will pay. So here are some tips to improve your credit score.

Ask the CFP® Professional

My husband and I are in our 60’s and we have started to talk about Long Term Care Insurance. I’m worried that it may be out of our budget, your thoughts?

Anonymous, Boston, MA

IRA Roth Conversions: Is it right for you?

In 2010 the adjusted gross income limits for conversions to ROTH IRA’s was permanently repealed. So all taxpayers, regardless of income can now convert to Roth IRAs.

Ask the CFP® Professional

I recently got a new job with a decent salary and I will have some more discretionary income. However, I still have quite a bit of credit card debt. I need to decide whether or not to contribute to the company’s 401k plan or pay off the credit cards?

Kevin D, Boston, MA