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…
Trending
Spotlight This Week
More Articles
Personal Finance
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…
Featured Articles
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…
Dept Managmnt
Tip 3: Learn How to Create a Better ‘To Do’ List When we make resolutions, we tend to resolve to do certain things.…
Banking
These entrepreneurs, traders and investors are making an outsized impact in fintech, crypto and traditional financial services.By Jeff Kauflin, Hank Tucker and Nina…
Credit Cards
All News
You’ve aced your interview. Great job! But there’s one last step to getting hired, and it’s tiny but mighty. If you really want to leave a lasting impression on your hiring manager, you’ll need to write a thank-you email after your interview. Following up with your hiring manager by sending…
Traveling on a budget? Timing is everything—especially when you’re booking a plane ticket. These days, flying in general has gotten crazy expensive. According to the Bureau of Labor Statistics, airline ticket costs rose 18.6% in April 2022 after rising 10.7% in March 2022.1 If you thrive on a challenge, finding cheap…
If you’ve been around here for more than two seconds, you probably already know how we feel about credit scores. (Hint: They’re really dumb.) You’ll hear us say it time and time again: A credit score does not show how well you’re managing your money or even if you have a dollar…
Maybe you’ve been looking at your premiums and scratching your head thinking, Does everyone pay this much? Or maybe you’re just entering the market and your eyeballs are popping. Either way, we get it. Insurance is one of those things you know you need, but it seems to cost. A. Lot.…
Looking for a way to pay for a new car, buy that fancy new computer, or escape on a tropical getaway without saving up first? There’s a loan company eagerly waiting to front you the cost—but it’ll cost you. It’s called Upstart, and this digital lending service is on a…
Do you know what the most wonderful time of the year is? Nope—not Christmas. We’re talking about open enrollment season. It’s the one time of the year you get to review and compare health insurance plans to find the right one for you.Okay, you got us. No one’s throwing parties…
If you want to send shivers down an economist’s spine, all you have to do is say one strange-sounding word—stagflation. Get expert money advice to reach your money goals faster! We can hear the calculators dropping and balance sheets tearing right now. Stagflation is an economic term that’s used to…
As a personal finance journalist and a credit counselor, people often ask me for credit card advice. And I’m happy to give it! But I find myself sharing the same set of basic facts because they’re helpful for so many people. And then it dawned on me: Credit cards can…
We’ve all probably heard a grandparent or parent reminisce about “the good old days”: “I remember when gas was a quarter and hamburgers were 15 cents.” “I made 50 bucks a week at my first job.” Well, we’re a long way from yesteryear, and inflation is the reason prices and…
Artifical intelligence (AI) is likely to reshape our lives in as big a way as the internet did in the 1990s and smartphones did in the 2000s (scary or exciting as that may be). That means changes to your regular life and your banking life, too. You’re likely encountering AI…
Editor's Pick
