Personal Finance

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Latest Personal Finance News

How Much Money the Average Person Has Saved at 50

The answer to this question will depend on your income, expenses and saving habits, among other factors. One reliable source…

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Court Bars Promoters As IRS Cracks Down On Charitable Remainder Trust Tax Schemes

A federal district court has permanently barred a tax professional and his company from organizing, promoting, selling, or marketing tax…

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Can I Roll Over the Employer Match in My 401(k) to a Roth IRA?

If you want to roll over money from your 401(k) into a Roth IRA, there’s good news: any employer matching…

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5 credit card tips every college graduate should know

Key takeaways Maximizing student cards is a great idea when you’re in school, but what should you do with your…

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Treasury Issues New Proposed Regulations On Foreign Trusts And Gifts

The IRS witnessed a proliferation of abusive foreign trusts in the 1990s. In many of these arrangements, U.S. taxpayers successfully…

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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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8 Ways to Protect Your Retirement Income

You’ll spend decades – if not your entire career – saving for retirement. But saving enough money is only a…

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How international students can get a credit card

Key takeaways International students can get credit cards, but you’ll likely need an ITIN or someone who’ll let you become…

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People Who Use AI Earn More-How To Use AI To Increase Your Income

The AI research and presentation tool Tome recently conducted a survey of over a thousand workers and discovered that those…

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I’m 60 With $1.2 Million in a Roth IRA. How Do I Make Sure This Money Lasts the Rest of My Life?

Planning for a Roth IRA is a little different than with most other retirement assets. This tax-advantaged account generates entirely…

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