Personal Finance

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What Is Earned Income? Examples and How to Calculate

When it comes to taxes and financial planning, you need to know the IRS has…

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5 Strategies to Convert Retirement Assets Into Income

Saving for retirement is only half the battle. Once you leave the workforce, you’ll need…

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High-Yield Savings Rates Today: May 12, 2025 | Earn Up To 4.40% APY

Key takeaways The Federal Reserve held its federal funds rate steady last week, marking the…

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Refundable Tax Credit: Explanation, Eligibility, Benefits

Tax credits reduce the amount you owe to the IRS, but not all tax credits…

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How to Withdraw From Your 401(k) After Age 60

Reaching age 60 is a major financial milestone, particularly when it comes to your 401(k)…

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Leaving your home to your heirs could cause a headache

Americans have trillions of dollars of wealth locked up in their homes, and passing it…

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What Is An HFA Loan?

Tony Anderson/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways HFA loans are mortgages available solely through…

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Form 2439: What Is It, Who Files It and Who Gets It?

Form 2439 is a tax document that a regulated investment company (RIC) or real estate…

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Is $4 Million Enough to Retire at 60?

If you have $4 million saved for retirement, you have significantly more than the average…

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Form 6252: How to Report Installment Sale Income

Taxpayers use Form 6252 to report installment sales when at least one payment arrives after…

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