Personal Finance

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Latest Personal Finance News

Inflation is no longer at a 40-year high but still stubborn: These are the items still expensive

Key takeaways The current inflation rate is 3.5%, with shelter, motor vehicle insurance and energy the current main contributors. Prices…

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Oh, La La! Pennsylvania Court Rules Perrier Is A Soft Drink—And Taxable

Sales tax on food and beverages can be complicated. While five states do not have a sales tax (Alaska, Delaware,…

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This Week In Credit Card News: The Cut In Late Fees May Increase Your Card’s Interest Rate

Synchrony Hikes Interest Rates on Credit Cards to Offset Late Fee Rule The credit card company Synchrony Financial is hiking…

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I’m 65 With $850,000 in an IRA. Is It Worth It to Convert That Money to a Roth to Avoid RMDs?

Required minimum distributions (RMDs) from pre-tax retirement accounts can have a number of unintended consequences. These mandatory withdrawals can push…

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Chase transfer partners: How to get the best value

Key takeaways Chase Ultimate Rewards points transfer to 14 popular airline and hotel partners, all at a 1:1 ratio. Transferred…

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What is inflation? Here’s how rising prices can erode your purchasing power

Key takeaways Inflation is a sustained increase in prices of goods and services, which can negatively impact purchasing power and…

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11 Retirement Planning Tips for 2024

Planning for retirement has a new look in 2024, thanks to changes brought about by Congress. Retirement savers this year…

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7 tips for keeping your business finances organized

Key takeaways Plan for success by building a business plan, saving enough money to launch and putting together a budget.…

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Anchorage Digital Bank Launches Global Settlement Network For Digital Assets

San Francisco’s Anchorage Digital Bank, N.A., a federally chartered crypto bank, primarily focused on trust and custodial services, is launching…

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The DOL’s Final Fiduciary Rule Is Here. See What’s Inside!

This week the Department of Labor unveiled its much-anticipated final fiduciary rule, set to take effect on September 23, 2024.…

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