Friday, May 24 2013 6:25 PM EDT2013-05-24 22:25:44 GMT
The Albany Dougherty County Post of the American Legion will be on the lawn of the Albany Mall Saturday morning at 8:00 to erect 122 white crosses. They are there to represent the men and women fromMore >>
The Albany Dougherty County Post of the American Legion will be on the lawn of the Albany Mall Saturday morning at 8:00 to erect 122 white crosses.More >>
Friday, May 24 2013 6:21 PM EDT2013-05-24 22:21:31 GMT
A huge truck load of peanut butter is headed to Oklahoma tornado victims. Friday afternoon, 31,680 jars of it were loaded onto a truck at Lineage Logistics in Albany. The 22 pallets of peanut butterMore >>
Friday afternoon, 31,680 jars of it were loaded onto a truck at Lineage Logistics in Albany.More >>
Friday, May 24 2013 4:36 PM EDT2013-05-24 20:36:19 GMT
Summer at Wild Adventures in Valdosta kicks off this weekend. The park has a lot planned for the celebration, including free admission for military and first responders. Starting this weekend WildMore >>
The park has a lot planned for the celebration, including free admission for military and first responders.
Friday, May 24 2013 4:30 PM EDT2013-05-24 20:30:04 GMT
A Valdosta High School senior drove off from school today with a brand new car. An academic program, geared at keeping high schoolers on track, put the 18-year-old in the drawing. And Friday morning onlyMore >>
An academic program, geared at keeping high schoolers on track, put the 18-year-old in the drawing. And Friday morning only his key unlocked the car.
Friday, May 24 2013 4:13 PM EDT2013-05-24 20:13:22 GMT
New 3D technology is allowing south Georgia patients to take a glimpse into their own surgical future. Cosmetic surgeon Dr. Courtney Houston of Thomasville recently purchased a Vectra 3D Imager. TheMore >>
Cosmetic surgeon Dr. Courtney Houston of Thomasville recently purchased a Vectra 3D Imager.More >>
You may soon be able to pay your mortgage using your retirement fund.
Senator Johnny Isakson and Representative Tom Graves introduced a bill in Congress that would allow you to withdraw money from a qualified retirement plan, penalty-free, to make mortgage payments toward your primary residence.
You couldn't spend more $50,000 or half the present value of the 401-k account.
One financial advisor suggests you think twice before dipping into your retirement money.
"For a lot of people if you make it real easy for them to all of a sudden go in and grab it, they will do it, next thing you know it may help give a little bit of relief right now, but it could create a problem down the road," says Vic Sullivan, Wells Fargo Investments VP/ Financial Advisor.
Deferred income tax would still be due on the withdrawals, and the money would need to be used to make mortgage payments within 120 days of withdrawal.
Isakson and Graves say the plan will reduce foreclosures and keep more Americans in their homes.