Personal Finance

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Latest Personal Finance News

I’m Selling My House to Downsize for Retirement, and I’ll Net $620k. Do I Have to Pay Capital Gains Taxes?

When you sell your primary home, the IRS allows you to exclude a significant portion of the profit from your…

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Should I use a personal loan to pay for my child’s private school?

If you’ve considered sending your child to a private K-12 institution and have gotten immediate sticker-shock, you’re not alone. In…

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How to request a credit line increase with Capital One

Key takeaways While some credit card issuers will automatically increase your credit limit over time if you qualify, you can…

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What is the average interest rate for savings accounts?

Images by Getty Images; Illustration by Issiah Davis/Bankrate The average savings account rate is a benchmark for the overall interest-rate…

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Basel III Fearmongering By Lobbyists Should Not Be Believed

In recent months bank lobbyists and bank executives from SIFMA President Kenneth E. Bentsen Jr. to JPMorgan Chase CEO Jamie…

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Navigating The Corporate Transparency Act

Christine Green of Steptoe & Johnson PLLC discusses the Corporate Transparency Act and the recent litigation regarding its constitutionality. This…

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What Biden’s 2025 Budget Means For Medicare, Family Leave, And Medicaid Home Care

President Biden’s 2025 budget proposal, which will double as his presidential campaign platform, includes major proposals aimed at supporting older…

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How to Save Money for Traveling During Retirement

Traveling during retirement is one of the main goals that a lot of people have as they think about what…

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How to Avoid Prohibited Transactions With Your Self-Directed IRA

A self-directed IRA is a retirement savings plan that allows you to decide what investments will be made. These accounts…

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Emergency loans: Everything you need to know

Key takeaways Emergency loans are borrowed for unexpected expenses when you don't have enough savings. There are different types of…

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