Personal Finance
Latest Personal Finance News
Trump Wants 401(k)s to Offer Private Equity and Crypto: What It Means for You
President Donald Trump is paving the way for a significant shift in retirement investing by permitting 401(k) plans to include…
Do Capital Gains Count as Income? Tax Definition and Examples
Capital gains count as taxable income and can affect your tax bracket, deductions and rates. They are taxed as short-term…
Can a Couple Retire With $1 Million?
Retiring with $1 million is a common goal for couples, but how long it lasts depends on where they live…
Can You Deduct Mortgage Interest on a Second Home?
Under the One Big Beautiful Bill Act of 2025, the mortgage interest deduction limits established by the Tax Cuts and…
How to Collect a Pension From a Former Employer
Many people leave behind pension benefits when they change jobs, and claiming them later can feel complicated. Fortunately, with the…
SALT Write-Offs: Trump Tax Changes and Requirements
The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable…
Do You Have to Pay Taxes on Tips? Trump Tax Changes
Traditionally, all tip income was taxable, and workers had to report any cash tips exceeding $20 per month to their…
How Much Should I Have in My 401(k) at 25?
Figuring out how much you should have in your 401(k) at 25 depends on your income, savings rate and when…
I Have $500k in a Roth IRA and Will Receive $3,000 Monthly From Social Security. Can I Retire at 70?
Waiting until age 70 to retire can offer you some clear financial advantages, including maximum Social Security payments and more…
How to Calculate the RMD for an Inherited IRA
Inheriting an individual retirement account (IRA) comes with specific tax obligations that can feel overwhelming during an already difficult time.…
