Personal Finance
You can find a $10,000 personal loan through a traditional bank, credit union or online lender. Depending on where you apply, it’s possible to receive a quick decision and get funded in one to two business days. Some lenders also offer same-day funding to borrowers who need fast cash.Still, there…
Many assume they will be free of health insurance premiums once they reach Medicare age. Others think that everyone pays the same Medicare premiums for the same coverage. Unfortunately, many retirees are shocked to find out that their Medicare premiums are tied to their income in retirement. Knowing this could…
Two tax attorneys and a life insurance agent have been convicted by a jury of conspiring to commit tax fraud through a fraudulent scheme they called the Gain Elimination Plan. This was the subject of an interesting press release from the U.S. Department of Justice, Tax Attorneys and Insurance Agent…
Credit Sesame’s personal finance news roundup May 18, 2024. Stories, news, politics and events impacting personal finance during the past week. Consumer debt continues to growInflation slows but remains above targetConsumer purchasing power outpaces inflationPlan to cap credit card late fees delayedConsumer sentiment suffers a significant downturnBiden announces new tariffsConsumers…
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in your inbox here. What’s in a name? The Social Security Administration (SSA) has released its list of the most popular names for babies born in the United States in 2023,…
When planning for retirement, one of the fundamental decisions you’ll face is how to invest within your individual retirement account (IRA). There are several approaches to selecting investments and managing your account. You could pick individual securities yourself, employ a robo-advisor or work with a financial advisor to construct your…
Key takeaways The full mortgage application takes place after you’ve had an offer on a home accepted. Your lender will investigate your financials and the property you’re purchasing to complete the application. Be forthright about all of your finances. Any discrepancies can disrupt the process or result in your mortgage…
Social Security survivor benefits provide essential financial support to eligible family members and help ensure stability during challenging times. Understanding eligibility criteria, benefit calculation and strategic claiming options can significantly enhance the financial security of survivors. Whether you’re a spouse, child or dependent parent, knowing how to maximize Social Security…
Key takeaways Deferred interest offers allow consumers to make purchases and avoid interest charges during a promotional period, which usually lasts about six to 12 months. Consumers who pay off their entire balance during the promo period will avoid paying interest charges. If you are unable to pay off your…
Many teachers in the U.S. retire with pensions that provide a stable source of income during their golden years, but that doesn’t mean they can ignore retirement planning. In fact, teachers face unique retirement challenges, including the absence of Social Security benefits in some states. Education retirement planning requires a…
