Personal Finance
Latest Personal Finance News
We Have $1.4 Million in IRAs and Fully Own a $750k Home. Can We Retire in 2 Years at 60?
Retiring early can be tricky, even if you have considerable home equity. Say for example that you’re married with $1.4…
What Is A Roth IRA – And Should You Have One?
Wherever you get your financial education - whether it’s from friends, social media, a financial planner or an expert newsletter…
I’m 66, Taking Social Security, and Have $745,000 in a 401(k). Is It Too Late to Convert to a Roth IRA?
Legally, it’s never too late to make a Roth conversion. The IRS will let you move qualifying funds at any…
No-credit-check loans: What are they and how do they work?
Key takeaways No-credit-check loans cater to those with low credit scores or a thin credit history. Interest rates and fees…
3 Mistakes Beneficiaries Must Avoid When Inheriting An IRA
The Secure Act has eliminated the stretch IRA for most people who are inheriting an IRA or 401(k). Now, beneficiaries…
I Have a 401(k) From a Previous Employer. What Should I Do With It?
If you’ve changed jobs recently, don’t put off deciding what to do with your 401(k) for too long. While you…
How to choose the best bad credit loan company
The Good Brigade/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Bad credit loan companies lend money to credit-challenged borrowers who need…
IRS Suffers Another Defeat Related To Civil Penalties In Tax Court
The IRS suffered another defeat in the U.S. Tax Court focused on civil penalties and automatic assessments—and taxpayers have last…
The DOL’s Final Fiduciary Rule Has Arrived. What’s Inside?
This week the Department of Labor unveiled its much-anticipated final fiduciary rule, set to take effect on September 23, 2024.…
What Is a Mega Backdoor Roth Conversion?
Retirement savers typically use a mega backdoor Roth conversion, in addition to a backdoor Roth 401k, when they have already…
