Living abroad doesn’t mean you can leave your U.S. tax responsibilities behind. If you’re an American expat, the IRS still expects you to report your worldwide income — no matter where you live or work. Here’s the good news: There are a few different tax breaks that help many expats…

A bull market occurs when asset prices rise significantly over a sustained period. While analysts often use the term “bull market” to discuss stocks and the stock market, the term can be used for any asset – bonds, real estate, commodities or even cryptocurrency – that is rising over time.…

Some financial advisors promote annuities because they offer tax deferral, guaranteed income, or principal protection. But while these features can support retirement planning, annuities often carry high fees and commissions that can influence recommendations. Knowing why advisors recommend annuities can help you ask better questions and evaluate how this option…

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Key takeaways Business loans require significant documentation about your business formation, financial statements and possibly a business plan Both personal and business finances are reviewed Lenders typically take a few days to weeks to process your information, depending on the lender and type of loan…

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Key takeaways Interest checking accounts pay interest on your balance, unlike traditional checking accounts that typically earn nothing. These accounts often require higher minimum balances or specific requirements like direct deposits to earn the advertised rates. Average monthly fees are higher ($15.45) than regular checking accounts, but you can often…

Gold has long been a popular way to invest, and the shiny yellow metal has delivered periods of attractive returns, especially during times of economic stress. Gold’s ability to act as a store of value is well known, but it’s also gone through periods — even decades — where the…

Social Security is a key source of income for millions of retirees. And knowing what the average Social Security check looks like at age 66 can help you plan more effectively. For those born before 1960, their full retirement age (FRA) is between 66 and 67. While those born after…

Key Takeaways Mobile check deposit lets you deposit checks by taking photos with your smartphone instead of visiting a bank branch or ATM. Most major banks offer this feature through their mobile apps, including Chase, Bank of America and Capital One. Banks typically set daily or monthly limits on mobile…

A financial advisor can have a major impact on your finances — both for good and bad. The best financial advisors can help you stick to a long-term investing plan that meets your investment goals over time, while the worst advisors are more likely to put you in investments that…

Winning the lottery is life-changing. Of course, odds are you won’t — the chance of hitting a Powerball jackpot is 1 in 292 million. For context, your odds of being struck by lightning over a lifetime are about 1 in 15,000. But if you are lucky enough to catch lightning in…

Key takeaways Factor rates are a fixed fee multiplied by the entire loan up front, which means that you’ll pay the entire fee even if you pay the loan off early To compare loans with traditional interest rates and factor rates, you’ll need to convert factor rates to interest rates…

If you’ve ever read through your policy, you’ll typically see several kinds of coverage listed. One of these is hazard insurance, which just covers damage to the physical structure of your home. The rest of your home insurance policy provides coverage for things like your personal property and liability. You…

EMILI_VISION/Getty Images Key takeaways American Express adheres to the Servicemembers Civil Relief Act by limiting interest, annual membership fees, late fees and returned payment fees for eligible cardmembers. The Platinum Card® from American Express is great for active-duty military because it offers various benefits like airport lounge access, airline fee…

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