Every Tuesday, we tweet personal finance tips to help you achieve your financial goals. Click here to follow us on Twitter.

Below are tips we tweeted last month. Click on each tip for more information and to view the source.

Withdrawing your contributions from your Roth IRA can be penalty-free and tax-free if that contribution was made 5 or more years ago.

With free time still available from social distancing, use it to sort through your finances in preparation for an economic downturn. 

Go to the IRS website to update your deposit and address information if your checking account and address changed since your divorce, especially if you are expecting an Economic Impact Payment.

Understand the advantages and disadvantages before consolidating your FFELP loans into a Direct Consolidation Loan.

One of the 5 P’s of Life is “Personal Finance” – your money. While money isn’t everything, it helps you achieve the lifestyle you want to live.

About Us: 

Transition Planning & Guidance, LLC, (“TransitionPG®”) looks at all aspects of life using the 5 P’s of Life – personal relationships, personal finance, profession, peace of mind, and physical health. While money helps you achieve many goals, it’s not the only thing to consider when developing a financial plan. Our mission is to help you define and achieve your financial, personal, and professional goals – especially during life transitions. Through our planning services and guidance plans, you take control of your money and life.

More “Personal Finance” Posts:

Four Items To Address Now

5 Items to Discuss With Your Spouse

Will the SECURE Act Impact Your Divorce?

Will You Be Able to Afford Retirement?

Are You Still Financially Supporting Your Adult Child?

4 Key Financial Considerations for Unmarried Couples