Personal Finance

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Latest Personal Finance News

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…

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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…

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A Successful Retirement May Hinge on Avoiding These Careless Mistakes

Deciding to retire can feel a bit unnerving. Retirees have plenty to potentially worry about – some of which they…

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Bank of America checking accounts

Bank of America is one of the largest banks in the U.S., and it offers a wide selection of products…

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5 Tips To Creating A Successful Savings Plan

There are many reasons to save your money. You may be saving for a short-term goal such as a taking…

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I Want to Convert $920k from a 401(k) to a Roth IRA. How Can I Reduce Taxes?

Transferring funds from a 401(k) into a Roth IRA lets you make tax-free free withdrawals in retirement, avoids rules on…

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Tax Implications for Reverse Mortgages

A reverse mortgage can be a useful way to access the value of your home without having to sell it.…

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PNC Bank CD rates

Logo by PNC; Illustration by Hunter Newton/Bankrate PNC Bank offers CDs with 11 standard terms and a few promotional terms,…

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Surprising Facts To Know About IRA Conversions

More than 70% of Americans are worried that higher taxes will be imposed on future distributions from traditional IRAs and…

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I’m 55 With $1.2 Million in My 401(k). Would Catch-Up Contributions Be Worth It?

Catch-up contributions are designed to help people save extra money in tax-advantaged retirement accounts once they hit age 50. For…

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