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Latest Personal Finance News

Student Loan Forgiveness Application For Biden’s New Plan: What We Know

Earlier this week, President Joe Biden formally announced a significant new student loan forgiveness plan that could provide relief to…

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We’re 66 With $1.4 Million in IRAs, and $4,100 Monthly From Social Security. What’s Our Retirement Budget?

Say that, as a married couple, you have $1.4 million in your IRAs and, at age 66, expect about $4,100…

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I’m Selling My House and Netting $480k. Can I Avoid Taxes While Downsizing for Retirement?

In most cases, when selling your primary residence you can exclude $500,000 of the gain if you file as a…

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List of major credit card issuers and networks

In this article Caret DownCaret Up Key takeaways Credit card issuers and networks perform two distinct roles, though both can…

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National average money market account rates for April 2024

Hero Images Inc/Getty Images A money market account is a type of savings deposit account that tends to offer check-writing…

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This Week In Credit Card News: Delinquency Rates Are At Highest Level Since 2012

Corrected, April 17, 2024: A earlier version of this article included an incorrect timeframe for Federal Reserve of Philadelphia data…

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How Zero-Sum Thinking May Affect Attitudes About Taxes

Do you think about the world as “zero-sum,” where resources are limited and my gain is your loss? Or do…

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3 Last-Minute Tips To Maximize Your Tax Savings

If you are like most people, you’re scrambling at the last minute to submit your taxes. While most of the…

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Guide to Retirement Planning for Millennials

Members of the Millennial generation face special challenges including high levels of student loan debt and inflated housing costs when…

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How to Report Foreign Gifts With Form 3520

The IRS has clear guidelines and specific thresholds that dictate when and how U.S. persons (citizens, resident aliens or domestic…

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