Personal Finance

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Latest Personal Finance News

Why Do Financial Advisors Offer Clients Annuities?

Some financial advisors promote annuities because they offer tax deferral, guaranteed income, or principal protection. But while these features can…

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Trump Tax Plan Auto Deduction

Under the One Big Beautiful Bill Act interest paid on certain car loans would become tax-deductible. If you purchased a…

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Breaking Down Inflation Under Trump vs. Biden

Inflation under Trump and Biden reflects two very different economic backdrops. During Trump’s first presidency, inflation remained modest, with rates…

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What Disqualifies You From the Earned Income Credit?

The earned income tax credit (EITC) offers support to low- and moderate-income workers, but certain conditions can make you ineligible.…

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Do You Have to Pay Taxes on Rebates? Rules and Examples

When you score that great mail-in offer or discount, you might wonder: Do you have to pay taxes on rebates?…

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What Is the Average Social Security Check at Age 66?

Social Security is a key source of income for millions of retirees. And knowing what the average Social Security check…

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What Is the Average Social Security Check at Age 64?

Knowing what the average Social Security check is at age 64 can help you decide when to retire and create…

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What Is the Average Social Security Check at Age 65?

For many Americans, Social Security is a foundational source of income in retirement. And knowing how much you can expect…

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What Is the Average Social Security Check at Age 63?

Social Security is a key source of income for many retirees. With that in mind, it’s useful to know what…

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Schedule E Tax Form: When and How to File

If you earn income from rental properties, royalties, partnerships, S corporations, estates or trusts, you’ll likely need to submit Schedule…

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