Personal Finance

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Latest Personal Finance News

I’m 59 With $1.3 Million in a 401(k). Should I Convert $130,000 Per Year to a Roth to Avoid RMDs?

Converting a 401(k) into a Roth IRA can be appealing for several reasons. Not only can you make qualified withdrawals…

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5 tips to earn up to thousands of dollars in bank account bonuses

Viorel Kurnosov/Getty Images Banks and credit unions commonly offer cash bonuses as a way to bring in new customers and…

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Biden Grants 317,000 Borrowers Student Loan Forgiveness And Refunds Of Payments

The Biden administration announced that more than 300,000 borrowers will receive $6.1 billion in student loan forgiveness following the latest…

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I Waited to Take My First RMD Until April 1st. Will This Affect My Second Year’s RMD?

Unlike most personal finance questions, the answer to this one is short and simple: yes, waiting until April 1st to…

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Guide to Bank of America Preferred Rewards

Key takeaways The Bank of America Preferred Rewards program is available to select banking customers with at least $20,000 in…

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20 ways to make extra money online and offline

Key takeaways A side job can help you grow wealth and pay down outstanding debt. Make sure to use a…

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U.S. Tax-Savvy Gifting By Foreigners To U.S. Persons

For many foreign individuals, the revelation that they could be subject to U.S. gift tax through seemingly innocuous family transactions…

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Can Medical Debt Hurt Your Credit Record? What You Need To Know

There’s little question that healthcare providers have become more aggressive in collecting past-due bills. Although medical debt is still an…

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Types of Annuities for Seniors to Consider

Annuities can provide steady income for as long as you live, which is one reason a senior might purchase one.…

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May Bilt Rent Day: Special offers for your home and more

Each month on Rent Day, Bilt delivers a new set of bonus opportunities for Bilt cardholders and members. The offers…

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