Personal Finance
Latest Personal Finance News
I’m 62 With $1 Million in a 401(k). Should I Convert $100,000 Per Year to a Roth IRA to Avoid RMDs?
Retirees with significant assets often have to plan around required minimum distributions (RMDs). If you already have sufficient income and don’t…
Do I Have to Worry About the Gift Tax If I Give My Son $75,000 Toward a Down Payment?
Unless you have given away more than $13 million in your lifetime, a $75,000 gift will not trigger the federal…
How to improve your credit score with a personal loan
Key takeaways Personal loans can boost your credit score by adding to your credit mix and reporting a positive payment…
How to get cash from a credit card at the ATM
Most of us know how to use our credit card to make purchases, but not everybody knows how to get…
Discover Bank savings account rates
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades.…
Rules Of The AI Road For 2024
Artificial intelligence is changing the rules in finance and business. However, because AI technology is taking evolutionary leaps on what…
IRS Touts Improvements And Chases Delinquent Millionaires As Tax Season Opens
With tax season just around the corner—officially opening on Jan. 29, 2024—the IRS is continuing to focus efforts on increasing…
Lawmakers Keep Targeting Tax Breaks Of Those They Disagree With
Three progressive senators and a representative have sent a letter to the tax prep firm Intuit INTU demanding to know…
The Cost of Living in a Retirement Community in Every State
Retirement living communities aim to fit needs of people age 55 and older, with amenities such as housekeeping, maintenance, organized…
How Does the IRS Verify Cost Basis?
The IRS expects taxpayers to keep the original documentation for capital assets, such as real estate and investments. It uses…
