Personal Finance

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Latest Personal Finance News

How the Federal Reserve impacts savings account interest rates

When the Federal Reserve changes interest rates, consumers feel the ripple effects in all sorts of ways. For savers, banks…

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White House Mobilizes $1 Billion In Capital For Latin American Founders

In a groundbreaking move from the White House $1 billion has been earmarked to fuel the dreams of Latin American…

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How to Maximize Retirement Savings

Strategic planning and informed decision-making are key when it comes to how to maximize your retirement savings. By understanding the…

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Understanding Form 8606 for IRA Taxes

If you use an IRA to save for retirement, IRS Form 8606 might be an important part of tax season.…

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Fed’s interest rate history: The federal funds rate from 1981 to the present

Key takeaways In the aftermath of the post-coronavirus pandemic inflation surge, the Federal Open Market Committee (FOMC) raised interest rates…

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This Week In Credit Card News: Will Venmo And Zelle Continue To Be Free?

Venmo and Zelle May Not Be Free for Much Longer With new technologies come new rules governing how they are…

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4 Ways Homeowners Benefit If The Trump Tax Plan Expires

Without action from Congress, there will be a slew of tax changes for all Americans at the end of 2025,…

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What Is Excess Accumulation in Qualified Retirement Plans?

Navigating the rules and regulations surrounding qualified retirement plans like 401(k)s can be complex, particularly when it comes to required…

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What Is Net Investment Income and How Is It Taxed?

Net investment income (NII) is defined as the profit gained from investments after deducting certain related expenses. This includes various…

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5 ways to save for an unexpected job loss

Key takeaways Build an emergency fund so you’ll be prepared in the event of a job loss. Consider taking on…

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