Personal Finance

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Latest Personal Finance News

Treasury Issues New Proposed Regulations On Foreign Trusts And Gifts

Corrected, May 13, 2024: This article has been updated to clarify that Section 643(i) does not apply to grantor trusts.…

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Electric Vehicles Face Difficult Road Ahead

Green energy supporters and the fossil fuel industry are engaged in a significant PR campaign to sway public opinion. Although…

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Amount of Retirement Savings By Gender

Men and women save for retirement differently. There’s a persistent and significant gender gap in the average retirement savings women…

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Truist Ready Now Personal Loan: 2024 Review

Although Truist no longer offers the small personal loan version of its “Ready Now” product, you’ll find a solid variety…

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Should you carry a balance on a 0% APR credit card?

Key takeaways Carrying a credit card balance, even during a 0 percent intro APR period, can have consequences such as…

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Inside A Baby Berkshire Hathaway

Thomas Gayner parlayed a stockbroker career into the top job at Virginia’s $16 billion Markel Group, a specialty insurer with…

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IRS Issues FAQs On Retirement Plan Distributions And Loans Following Major Disasters

The IRS has answered some frequently asked questions (FAQs) relating to rules for distributions from retirement plans, IRAs, and retirement…

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To Find Financial Success, Stop Trying To Spend Less

If you feel like you could be doing better with your finances, well — sure. You probably can find room…

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Should I Take a $150,000 Lump Sum or $1,200 Monthly Payments for My Pension?

When companies offer a pension, it’s common to give retirees two options: collect the pension as a lifetime monthly payment…

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Can Short-Term Capital Losses Offset Long-Term Capital Gains?

2024 Long-Term Capital Gains Tax Rates RateSingleMarried Filing JointlyMarried Filing SeparatelyHead of Household0%$0 – $47,025$0  – $94,050$0 – $47,025$0 –…

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