Personal Finance

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Latest Personal Finance News

I’m 63 With a $1.6 Million Net Worth and $4,500 in Monthly Expenses. Can I Retire Now?

With a $1.6 million net worth and $4,500 in monthly expenses, retiring at 63 is a possibility, but quite a…

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When and How to Report a 1031 Exchange on Your Tax Return

A 1031 exchange allows certain real estate investors to defer capital gains taxes when selling one investment property and reinvesting…

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What is the APR on a personal loan?

The annual percentage rate, or APR, is one of the most important factors to take into account when applying for…

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Best credit cards for airport lounge access

kelvn/GettyImages; Illustration by Hunter Newton/Bankrate The airport is usually not an enjoyable place to spend time, especially when delays spring…

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Current CD rates for April 2024

Morsa Images/ Getty Images; Illustration by Austin Courregé/Bankrate A certificate of deposit (CD) is a time deposit account. A bank…

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Brick-And-Mortar Bank Branches Adapt To Meet Consumers’ Needs

In recent years, both banks and businesses have undergone significant transformations. These changes were bolstered by the world’s response to…

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Federal Court Grants Summary Judgment Motion On Willful FBAR Penalty

Litigation in federal court is analogous to a game of chess. Although each side has a limited number of moves,…

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Troubled Women’s Federal Prison Raided By FBI

FCI Dublin, the troubled women's federal prison in California, was raided yesterday by FBI agents according to multiple news sources.…

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401(k) Rollover vs. IRA Rollover

When you change employers, you may be required to roll over your 401(k) funds from that employer to another retirement…

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I’m Selling My House to Downsize for Retirement, and I’ll Net $620k. Do I Have to Pay Capital Gains Taxes?

When you sell your primary home, the IRS allows you to exclude a significant portion of the profit from your…

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