Personal Finance
Latest Personal Finance News
I’m 52 With $1.6 Million in a Taxable Brokerage Account and $1.1 Million in an IRA. Can I Retire Now?
It can be financially feasible to retire when projected retirement income equals or exceeds projected retirement expenses. In many cases,…
What to Know About Form 8889 for HSAs
If you’ve made contributions to or taken distributions from a health savings account (HSA), the IRS requires you to report…
Reasons to have a local bank
Key takeaways A local bank typically offers products and services tailored to consumers and businesses in the community where the…
The Fed’s Interest Rate Meeting Is Optimism Mixed With Uncertainty
For the vast majority of people in the U.S., the Federal Reserve’s interest rate decisions don’t directly matter much. Sure,…
When Can My Spouse Claim Social Security Benefits?
Knowing when a spouse can claim Social Security benefits can significantly impact retirement planning. Spousal benefits allow one partner to…
Where to park you down payment this summer
My girlfriend and I have saved what, to us, feels like a life-changing amount of money. It’s the most we’ve…
Gifts Today, Taxes Tomorrow: The Interplay Between Gift And Estate Tax
The intricacies of federal tax laws can be daunting, especially when it comes to understanding how gift and estate taxes…
The 50 Over 50 Reflects On 50 Years Of Equal Credit Access For Women
In 1974, President Gerald Ford signed the Equal Credit Opportunity Act into law, making it illegal for lenders to require…
What Is the Solo 401(k) Contribution Deadline?
A solo 401(k) plan is a powerful retirement savings tool designed specifically for self-employed individuals and business owners without employees.…
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.…
