Key takeaways Figuring your AGI is a crucial step on the path to calculating your taxable income and, in turn, your tax bill. Your AGI determines your eligibility for a variety of tax deductions and tax credits. (Sometimes, your modified adjusted gross income comes into play — more on that…
Key takeaways The standard deduction is a specific dollar amount that you can use to reduce your taxable income. You have to choose between claiming the standard deduction and itemizing (that is, claiming expenses that you paid). The standard deduction amount usually increases each year for inflation. Also, the standard…
Key takeaways The deadline to file federal income tax returns this year — to report income earned in 2025 — is April 15, 2026. If you file an extension, you have until Oct. 15 to file your federal tax return. If you file an extension you have until Oct. 15…
If financial stress has been weighing you down, you aren’t alone. Around 43% of Americans cite money as a factor negatively impacting their mental health, according to a recent Bankrate survey. January is the perfect time to reset your financial mindset and create routines that bring peace of mind all year long. By building good money…
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The nation’s 75 million Social Security recipients will receive a 2.8% cost of living adjustment (COLA) increase in their benefits…
Historically Black colleges and universities are on the frontlines of the One Big Beautiful Bill Act’s new limits on parent…
The big new fees JPMorgan Chase is planning to charge some financial technology companies may well trickle down to consumers,…
With artificial intelligence beginning to eat away at many white-collar entry-level jobs, and the unemployment rate for recent college graduates…
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Key takeaways Savings accounts are deposit accounts available at banks and credit unions. They allow you to keep your money safe while it earns interest. Online banks tend to offer the highest interest rates for savings accounts. You can withdraw your money from a savings…
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Tip 3: Learn How to Create a Better ‘To Do’ List When we make resolutions, we tend to resolve to do certain things.…
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These entrepreneurs, traders and investors are making an outsized impact in fintech, crypto and traditional financial services.By Jeff Kauflin, Hank Tucker and Nina…
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Israel Sebastian/Getty Images Key takeaways Even without a job, you can generally get an emergency loan if you can provide a reliable source of income. Lenders that offer loans without proof of income may be predatory and charge triple-digit APRs. If you have a low credit score or high debt-to-income…
It can happen in an instant. Everything seems to be going great in your relationship or friendship, and one day, you stumble upon that text message they were hiding from you. Or your boss accidentally copies you on an email that wasn’t meant for you. It feels like your world…
Key takeaways Tax lien investing is a potentially high-yielding — but risky — real estate investment strategy. Investors cover an unpaid property tax bill upfront and are then responsible for collecting from the property’s owner. Tax lien investing is subject to location-specific regulations, and not all states allow private investors…
One of the main factors people consider when deciding whether to hire a financial advisor is cost. But costs can vary significantly from one advisor to the next. Here’s what you need to know about the costs of hiring a financial advisor, and how the different fee structures work. Key…
If you hang out with mental health nerds for more than five minutes, you’ll probably hear them talking about empathy. It’s been a huge area of research in the past couple of decades, and scholars like Brené Brown have made it easy for us to understand how important empathy is…
AleksandarNakic/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways Selling a home comes with a lot of paperwork, most of which you’ll gather before listing the property on the market. One important document is the seller net sheet, which will detail your all-in costs and potential profit. Keep records of…
Inverse exchange-traded funds (ETFs) offer a way for contrarian traders to bet against the expected daily performance of an asset class, such as stocks or bonds. These risky investments, often in the form of inverse short ETFs, can be valuable for seasoned market pros. But they are definitely not for…
Ahh, vacation. It’s a time to get away from everything, sleep in, eat great food, and explore a new city. But what happens when a family vacation doesn’t quite fit into the budget? Do you skip it altogether? Get expert money advice to reach your money goals faster! It depends.…
Key takeaways Investing both time and cash could score you free cryptocurrency and NFTs. Cryptocurrency developers sometimes offer free coins or NFTs to promote their projects, though you’ll need to watch out for scams. You can leverage financial tools like savings accounts, brokerage accounts and credit cards to get crypto…
Key takeaways A divorce decree outlines which spouse is legally responsible for each debt after the divorce is completed. States either have community property or common law marriages, and these laws determine how marital debt is split after divorce. The divorce settlement agreement doesn’t override your legal obligation to a…
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