Personal Finance
Latest Personal Finance News
Tax Benefits of a Simplified Employee Pension (SEP) IRA
Retirement plans, like simplified employee pension (SEP) IRAs, go hand-in-hand with attractive tax benefits. Designed for self-employed individuals and small…
How Long You Have to Keep Tax Documents
Once tax season is over, it’s tempting to contemplate pushing every document into a shredder and going on your way…
How the Federal Reserve impacts personal loans
Bloomberg Creative/Getty Images March Fed meeting On March 20, 2024, the FOMC decided to hold steady on interest rates. The…
Guide to BankAmeriDeals, Bank of America’s bonus cash back program
Key takeaways BankAmeriDeals provides an easy way for most Bank of America customers to earn additional cash back while shopping…
How financial literacy for young adults has evolved
Establishing financial literacy in young adults is key in helping them build savings, receive credit and keep out of debt.…
A Tale Of Two Housing Markets: The U.S. And Abroad
Fifteen years ago, the U.S. housing market crisis brought the global economy to its knees and almost 10 million U.S.…
Investment Income Can Be Tricky At Tax Time—Here’s What You Need To Know
The majority of taxable income in America comes from wages and salaries—typically, those numbers are reported on Form W-2 at…
How To Cut Your Credit Card Debt In 5 Simple Steps
I’m not usually focused on numbers without wondering about people behind the numbers. One ongoing concern is household debt, which…
We’re in Our 70s With $200k in Savings and Social Security. How Do We Make It Last?
Retirees with relatively small nest eggs are generally more reliant on Social Security than those with more money saved up.Retirees…
How to Donate to Charity With Money From Your IRA
The IRS allows, and even encourages, charitable donations from tax-advantaged retirement accounts such as an IRA. Not only can this…
