Personal Finance
Latest Personal Finance News
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…
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…
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.…
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,…
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…
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…
9 Common Tax Mistakes and How to Avoid Them
The more money you make, the higher your tax liability could be. And making a mistake in your filing can…
American Express CD rates
Image by Getty Images; Illustration by Tiffany Herring American Express National Bank provides several options for certificates of deposit (CDs)…
25 Million People Could Get Student Loan Forgiveness Under New Plan: Who’s Eligible, How To Apply
The Education Department released formal regulations for President Joe Biden’s massive new student loan forgiveness plan this week. Millions of…
Is it Wise to Convert 10% of My 401(k) into a Roth IRA Each Year to Avoid Taxes and RMDs?
A Roth IRA has a couple of significant advantages. Most notably, they allow your retirement savings to grow tax-free (as…
