Personal Finance
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…
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…
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…
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…
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.…
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…
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…
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…
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…
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…
