Personal Finance

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Latest Personal Finance News

I’m 59 With $1.3 Million in a 401(k). How Do I Make Sure This Money Lasts the Rest of My Life?

Managing your money properly in retirement is critical for ensuring that it lasts as long as you do.For example, imagine…

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What Is the Tax Underpayment Penalty and How Can It Be Avoided?

Understanding tax payments and the potential repercussions of underpayment is crucial. The tax underpayment penalty is one such charge that…

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What is the APR on a personal loan?

Key takeaways APR reflects the total annual cost of a personal loan, including both fees and interest. Many lenders state…

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How to advocate for yourself as a cardholder

If you don’t advocate for yourself, who will? This is true in life, and it’s also true with your credit…

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Best bank account bonuses for July 2024

Uncertain economic times can drive many consumers to find novel ways to earn additional money. And for those also looking…

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Brick-And-Mortar Bank Branches Adapt To Meet Consumers’ Needs

In recent years, both banks and businesses have undergone significant transformations. These changes were bolstered by the world’s response to…

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Federal Court Grants Summary Judgment Motion On Willful FBAR Penalty

Litigation in federal court is analogous to a game of chess. Although each side has a limited number of moves,…

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Biden Proceeds With Hardship Student Loan Forgiveness Plan — 6 Key Details

Last week, President Joe Biden praised his administration’s efforts to provide debt relief to borrowers, noting in his State of…

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I’m 63 With a $1.6 Million Net Worth and $4,500 in Monthly Expenses. Can I Retire Now?

With a $1.6 million net worth and $4,500 in monthly expenses, retiring at 63 is a possibility, but quite a…

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When and How to Report a 1031 Exchange on Your Tax Return

A 1031 exchange allows certain real estate investors to defer capital gains taxes when selling one investment property and reinvesting…

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