Personal Finance

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Latest Personal Finance News

I’m 60 With $1.5 Million in My 401(k). Should I Convert $120,000 per Year to Avoid RMDs?

It’s a wise move to plan ahead for the taxes you’ll pay on retirement income, including eventual required minimum distributions…

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How to Max Out Your 401(k)

Approximately 86% of 401(k) participants don’t save the maximum allowed amount in their tax-advantaged employer-sponsored retirement plans, according to a…

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7 Alternative Ways to Save for Retirement

401(k) plans are not the only way to save for retirement. If your employer is one of the many that…

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How to deal with financial anxiety

Key takeaways Those with financial anxiety often feel overwhelming fear and worry over their money situation. Common causes of financial…

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The Average Retirement Budget in the U.S.

When it comes to the average retirement budget, studies report a wide range of responses. A 2022 survey by the…

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Are banks open today? Federal bank holidays in 2024

Daniel Acker/Bloomberg via Getty Images Our writers and editors used an in-house natural language generation platform to assist with portions…

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5 reasons to have multiple savings accounts

Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them…

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What is a credit card?

Key takeaways A credit card is a useful financial tool that allows you access to a line of credit that…

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What’s Next For ERC Refund Claims Pending With The IRS?

The latest IRS data shows that it had 1,057,000 unprocessed Forms 941-X as of December 9, 2023. Most of those…

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This Week In Credit Card News: How AI Could Make Your Card More Secure

Using AI, Mastercard Expects to Find Compromised Cards Quicker, Before They Get Used by Criminals In its latest software update…

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