5 Ways Your 401(k) Is a Tax Trap (and What to Do about It)

Just about every financial expert I know advises savers to contribute to their company’s 401(k) plan — at least enough to receive the employer’s matching contribution. I can’t argue any differently. That company match is free money — a bonus from the boss — so why not cash in if you can? And, of course,…

Chemesis International Inc. Announces Private Placement of up to $5,000,000

Chemesis International Inc. (CSE:CSI, OTCQB:CADMF, FRA:CWAA) (the “Company” or “Chemesis”), is pleased to announce a non-brokered private placement (the “Offering”) of up to $5,000,000 or up to 16,393,442 units (the “Units”). Each Unit will be comprised of one common share and one common share purchase warrant (the “Warrants”). Each Warrant will be exercisable for one…

How does 1099 work?

Just as the title said, I will be working 2 jobs, one full time and another as a 1099 employee. I want to know how the taxes and things work as a 1099, cause I don’t want to deal with the IRS down the line. I just need to be pointed in the right direction…

Can someone explain this to me? Insurance question.

There might be a better sub for this but this is the first one I thought of. I was asking my insurance rep about some services I received and they gave me this line: As long as you see in-network provider, the benefits will be considered at 80% of the allowed amount subject to the…

Home Buyers Plan Questions

Hello. I have few questions about the Home Buyers Plan. Sorry if this has been asked or the answer is obvious. 1) Since the withdrawal needs to be used within 30 days of withdrawal, when is the best time to request a withdrawal given that it can take time from the day you requested the…

IRS taxes owed from 2016 for missed W-2s. What should I do?

2016 was a rocky year for me. I held about 4 different jobs in the same year, along with my now ex-wife having two. When we filed, I neglected to include two short term W-2s since I never received them, and an HSA form from a HSA that I had in my prior job. I…

ALX Uranium Announces Plans to Change Company Name

Canadian explorer ALX Uranium (TSXV:AL,FWB:6LLN,OTC:ALXEF) will change its name to ALX Resources effective January 13, 2020. The name change will better reflect the company’s diverse exploration efforts which include uranium, as well as cobalt, gold, nickel and copper. As quoted from the press release: The company will change its name to ALX Resources Corp. There…

CleanSpark Announces Execution of a Memorandum of Understanding with Shoreline Unified School District to Establish Grid Resiliency

CleanSpark, Inc. (OTCQB:CLSK), a software company with advanced engineering, software and controls for innovative microgrid and distributed energy resource management systems announced the signing of a MOU with the Shoreline Unified School District to form a Strategic Alliance for Microgrid Assessment and Deployment.  In accordance with the MOU, CleanSpark will evaluate two stages of grid…

Coin counting machines

I have a few containers of coins (don’t ask) and wish to convert to bills and/or deposit. I am not going to use those coin counters in the supermarkets which charge a fee.Does any of the banks still have coin counting machines? If not, guess I have to roll them and then deposit – if…

Bad idea to buy the house next door?

We own a home and raise our daughter in a residential neighborhood and for the 6 years since we moved in there was a very nice family renting the SFH next door. Last summer the owner of the place (who's not the sharpest tool in the shed) got into a financial pinch, decided to sell…

Should I invest 50% of my Paycheck every month into Index Fund?

So I'm 22 years old, and I'm going to get a paycheck soon. I'm researching that a Passive Index Fund with Lump sum investing is a consistent way to invest in the long run, but I don't know if 50% is too big? I'm not a risk taker, and I'm not interested in getting rich…

9 Key Practices to Make College Pay Off

Many parents and students wading through college applications are experiencing sticker shock. Couple that with 44 million Americans owing $1.5 trillion in student loan debt and anyone can see why there are growing concerns about the cost and value of a college education. But there is consistent and compelling evidence that earning a college degree…

TD CanadaTrust RRSP/TSFA Promo. Invest $1k and receive $100

Saw this On TD CanadaTrust website:Until February 9/2020 – Invest $1K and receive $100. Terms and Conditions Apply, see link below. https://www.td.com/ca/en/personal-banki … lsrc=aw.ds Statistics: Posted by Webhead — Jan 3rd, 2020 3:32 pm * This article was originally published here

Taronis Approves US$1 Million Common Stock Buyback

Taronis Technologies (NASDAQ:TRNX) has approved a US$1 million common stock buyback program. The program is expected to be discretionary, with periodic buybacks throughout Q1 2020. As quoted in the press release: “With the commencement of the $18.75 million gasification purchase under Taronis Fuels, our Company is expected to receive $1.3 million in royalty payments over…

Nutritional High Announces Financial Results for Q1 2020 Ended Oct 31, 2019

Nutritional High International Inc. (“Nutritional High” or the “Company”) (CSE:EAT, OTCQB:SPLIF) is pleased to announce its financial and business results for the first quarter ended October 31, 2019. All Figures in Thousands CAD, unless otherwise stated Green Therapeutics (Nevada) and Palo Verde (Colorado) financials are not consolidated in these results * Historically, revenue was derived…

OLG.ca no longer accepting TD Visa Debit — Same for anyone else?

As the title says, I received a new TD Visa Debit card a few months back (old one reached the expiry date), and went to use the new one for the first time on OLG.ca and it was denied. Talking to OLG.ca, they stated their logs show it was denied/declined due to the transaction use/type.…

Australian Cannabis Outlook 2020: Legalization on the Horizon

Australia’s burgeoning cannabis market has been attracting attention from investors as it begins to develop. Now, with increasing moves to push for drug legalization and steadily rising numbers of medical cannabis patients, the country is starting to build a lucrative cannabis space. The Investing News Network (INN) takes a look at the current state and…

Where to put my money?

I am thinking about putting some of the money in my savings account into a CD. My savings account yields 0.01%, which isn’t anything to write home about. Chase is currently offering a 6 month CD at 1.50% (minimum $10K, which is about all I am able to part with for 6 months to a…

Cobalt Outlook 2020: A Key Year for EV Production

This time last year, market watchers expected cobalt, a key element in lithium-ion batteries, to recover from the lows seen in 2018. However, in 2019 the battery metal‘s price continued to struggle as market volatility dominated the sector. With 2019 drawing to a close, the Investing News Network reached out to cobalt experts to get…

South32 Exercises Option for Half-Share of Alaska Project

South32 (ASX:S32, LSE:S32) and Trilogy Metals (TSX:TMQ,NYSE American:TMQ) announced that South32 has exercised its option to acquire a 50 percent interest in a joint venture (JV) company that will own the Upper Kobuk mineral projects (UKMP) located in northwest Alaska. Trilogy Metals will contribute all of its assets associated with the UKMP and South32 will…