Personal Finance

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Latest Personal Finance News

Biden Approves ‘Early’ Student Loan Forgiveness For 206,000 Borrowers In This Plan

The Biden administration on Friday announced a new round of student loan forgiveness for nearly 300,000 borrowers. Much of this…

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How does cash back work?

Key takeaways Cash back cards give you back a certain percentage of your qualifying spending in the form of cash…

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How to close a bank account

Any number of reasons might prompt you to close a bank account, but there are a few important steps to…

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Meet The World’s Best Banks 2024

There are myriad reasons consumers might choose one bank over another. To name a few: “Some consumers are driven by…

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27 Defendants Face Money Laundering Charges As Panama Papers Trial Begins

Eight years ago, tongues were wagging after the International Consortium of Investigative Journalists (ICIJ) and its media partners made public…

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How TurboTax Is Using AI To Demystify Taxes For Spanish Speakers

Leer en Español With the tax deadline looming, the more than 40 million U.S. residents who speak Spanish at home…

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We’re 62 Years Old With $950k in IRAs. Is It Too Late to Convert to a Roth IRA?

Fortunately, there’s no age restriction on converting a pre-tax retirement account to a Roth IRA. You can roll funds from…

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IRA Early Withdrawal Rules and Penalties

When you deposit cash into your retirement account, it enters a new realm of rules and regulations. While your IRA…

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Does APR matter if you pay your credit card off on time?

PhotoAlto/Frederic Cirou/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Your card’s annual percentage rate — or APR — is the interest…

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How to check your bank account balance

Prapass Pulsub/Getty Images Key takeaways Check your balance online, on the phone, through your bank’s mobile app, at the ATM…

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