Personal Finance
Latest Personal Finance News
I Want to Convert $920k from a 401(k) to a Roth IRA. How Can I Reduce Taxes?
Transferring funds from a 401(k) into a Roth IRA lets you make tax-free free withdrawals in retirement, avoids rules on…
Tax Implications for Reverse Mortgages
A reverse mortgage can be a useful way to access the value of your home without having to sell it.…
How does cash back work?
Key takeaways Cash back cards give you back a certain percentage of your qualifying spending in the form of cash…
5 reasons to add beneficiaries to your accounts right now
Banks and other financial institutions don’t automatically ask account holders to designate a beneficiary, so it can be easy to…
This Week In Credit Card News: The Cut In Late Fees May Increase Your Card’s Interest Rate
Synchrony Hikes Interest Rates on Credit Cards to Offset Late Fee Rule The credit card company Synchrony Financial is hiking…
Why You Might Be Responsible For Paying Your Parents’ Medical Debts
With Baby Boomers aging and nursing home care costs climbing, obscure old sleeper laws on the books in more than…
4 Reasons Why Eating Out Can Be Good For Your Financial Freedom Plan
A recent Bankrate report shows that 56 million Americans have been in credit card debt for at least a year.…
I’m 55 With $1.2 Million in My 401(k). Would Catch-Up Contributions Be Worth It?
Catch-up contributions are designed to help people save extra money in tax-advantaged retirement accounts once they hit age 50. For…
9 Common Tax Mistakes and How to Avoid Them
The more money you make, the higher your tax liability could be. And making a mistake in your filing can…
No-credit-check loans: What are they and how do they work?
Key takeaways No-credit-check loans cater to those with low credit scores or a thin credit history. Interest rates and fees…
