Personal Finance

Ad image

Latest Personal Finance News

The IRS & Abusive Trust Schemes: Not All Trust Expenses Are Deductible

Third-party promoters routinely market trust arrangements as a means for taxpayers to avoid or defer federal income taxes. So much…

NGEC NGEC

Biden Cancels $300 Million In Student Debt As Loan Forgiveness Under This Program Hits Record

The Education Department announced that President Joe Biden has canceled another $300 million in debt through a student loan forgiveness…

NGEC NGEC

What Is a Trusteed IRA?

A trusteed IRA is a type of individual retirement account that is set up as a trust. This account can…

NGEC NGEC

Survey: More than 1 in 3 American travelers plan to go into debt for their summer vacations this year

Perhaps your summers hold fond memories of strolling along the beach, hiking mountains or trying new foods at a destination…

NGEC NGEC

How financial literacy for young adults has evolved

Establishing financial literacy in young adults is key in helping them build savings, receive credit and keep out of debt.…

NGEC NGEC

Jury Will Decide On $43 Million Tax Refund Claim By Zaxby’s Cofounder

On May 13, 2024 an exciting jury trial will commence in the United States Court House in Athens, Georgia. Tony…

NGEC NGEC

Why Gen-Z Is Suddenly Creating Wills And Trusts — And You Should Too

Conventional wisdom casts trusts, wills, and estate plans as the exclusive domain of the ultra-rich. Supporting this notion, data reveals…

NGEC NGEC

What Is a Retiree Reimbursement Arrangement?

Retiree reimbursement arrangements (RRAs) are a type of savings plan funded solely by employers to help their now retired former…

NGEC NGEC

What is a good interest rate on a savings account?

Key takeaways The top high-yield savings accounts are currently earning APYs of 5 percent and greater. By comparison, the national…

NGEC NGEC

3 Things Real Estate Investors Should Avoid In 2024 For Maximum Profit

If you’re going to invest in real estate, you need to prepare for the unexpected. While every investment class can…

NGEC NGEC