Personal Finance

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Latest Personal Finance News

Student Loan Forgiveness Gets Accelerated For Some Borrowers In Surprise Biden Announcement

The Biden administration announced this week that the Education Department will be accelerating student loan forgiveness for a cohort of…

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I’m Selling My House and Netting $800k. Can I Avoid Taxes While Downsizing for Retirement?

When you sell a primary residence, the IRS allows you to exclude from your capital gains taxes the first $250,000…

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Is the Chase Sapphire Reserve worth it?

Key takeaways The Chase Sapphire Reserve® is one of the best premium travel cards on the market, offering a host…

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Five Medical Expenses You Can Deduct on Your Taxes

Taxpayers can deduct medical expenses by itemizing them on their taxes. However, these deductions may be out of your reach…

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5 Predictions For Banking And Fintech In 2024

OBSERVATIONS FROM THE FINTECH SNARK TANK Having complained in a recent post on LinkedIn that a lot of the predictions…

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Ally Bank savings account rates

You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades.…

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Personal loans vs. home equity loans: Which is right for you?

Key takeaways Personal loans and home equity loans can provide a much-needed source of funding if you need cash. Personal…

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Should I close my credit card if I have a high interest rate?

Key takeaways A high interest rate on your credit card is typically only an issue if you often carry a…

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BOXX’s Tax Gimmick Violates Congress’ Rules On Conversion Transactions

Bloomberg recently reported on an exchange-traded fund (ETF) with the ticker symbol BOXX. The ETF exploits various tax rules to…

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Will Homeschooling Parents Save Edtech?

More states are now giving money to families who pull their kids out of public school, creating a pot that…

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