If you’ve opened a Roth IRA, you’ve already laid the foundation for one of the most important parts of your life: putting money away for your post-working years. However, opening a Roth IRA is only the first step to a smart retirement saving strategy. Optimizing your Roth IRA to its…
Citi is an advertising partner. Key takeaways Balance transfer credit cards allow cardholders to move debt to a new credit card while saving money on interest payments with an introductory APR offer. The Citi® Diamond Preferred® Card has a longer-than-typical intro APR offer, giving you more time to make inroads…
Key takeaways Sending money with a credit card can be convenient, but it typically comes with fees and higher-than-usual interest rates that can add up for big transactions. Apps like Cash App, PayPal and Venmo allow you to send money through their platforms with a credit card, while Apple Cash,…
Hero Images Inc/Getty Images Key takeaways Many Americans have 401(k) plans through their employers, and some of them will be able to manage the account themselves. However, for those who are uncomfortable making investment decisions, working with a financial advisor can provide peace of mind. The main disadvantage of hiring…
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Many people in economics, finance, business, and regular consumer life have been waiting for the forecast inflation, the tariff shock,…
San Francisco-based Chime, the largest digital bank in America, wants to go public at a price between $24 and $26…
The Trump administration is clamping down on federal student loan defaults; at the same time, Republican lawmakers in Congress just…
A practice of Elon Musk and Tesla’s board raises questions about the company’s governance and the possible low valuation that…
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For many Americans, Social Security represents a significant part of their average retirement income. By age 70, most people have either already claimed their benefits or are about to. If you’ve waited until now to claim, you’ll receive the maximum possible monthly benefit thanks to…
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3. Take Advantage of Your Bank’s Protection Services Many banks and credit card companies offer valuable tools to help protect you. These include:…
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OBSERVATIONS FROM THE FINTECH SNARK TANK JPMorgan Chase notified fintech data aggregators that, starting later this year, it plans to charge for access…
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Image by GettyImages; Illustration by Bankrate Key takeaways Some business lenders require applicants to have a business checking account. A business checking account is recommended to track expenses, monitor spending and maximize business tax deductions. Business checking accounts often offer services like payroll processing and bookkeeping integrations to simplify business…
Key takeaways Estate planning is the process of legally deciding who receives your assets following your death and how they need to settle your affairs. Making an estate plan can be valuable for anyone who has any assets, though different types of plans can be more beneficial for those…
Key takeaways Carvana lets you purchase a used car or sell your vehicle from the comfort of your home. It’s a one-stop shop for buying and financing, and you can choose to pick up your vehicle from a vending machine or have it delivered to your front door. Carvana’s process…
Key takeaways Closing on a house is a complex process that takes several weeks and involves many steps for you and your lender. On closing day, you’ll sign a stack of documents, pay closing costs and receive the keys to your house. Several issues can delay closing, including a low…
Key takeaways SBA loans are competitive and have a long application process, but are affordable with set maximum interest rates Conventional loans are available from banks, credit unions and online lenders You can find SBA loans from various lenders, including larger financial institutions and online lenders Many banks and credit…
Key takeaways VA loans are mortgages guaranteed by the U.S. Department of Veterans Affairs, available to eligible veterans, active-duty service members and surviving spouses. VA loans can be used to purchase or build a primary residence, refinance a current mortgage or cover renovation costs. VA loans offer several benefits, including…
Are you looking to double your money? Even with interest rates remaining high, it’s hard to use a bank account to earn a substantial amount of money. For investors to double — or even triple — their money, they’ll often have to take on some risk for that potential reward.…
Key takeaways Life insurance for LGBTQ+ couples can help provide a financial safety net for partners, particularly where legal protection may fall short. It’s important for couples to assess their insurance needs thoughtfully and explore various options from different insurers to secure optimal rates and terms. Transgender and non-binary individuals…
MStudioImages / GettyImages Key takeaways If you are just starting your credit journey, getting a secured credit card is often a good place to begin. You should keep your secured credit card for as long as it’s useful to you in building credit, which may include even after you’ve moved…
Catherine Delahaye/Getty Images Key takeaways Both a Roth IRA and a 529 Plan are valid ways to save for a college education. Each has unique benefits and limitations. Starting in 2024, unused funds in a 529 account may be converted into a Roth IRA if the investor so chooses, though…
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