The Internal Revenue Service (IRS) lets you put money into a traditional IRA and defer taxes on your contribution and any investment gains all through your career. But this situation doesn’t last forever. Eventually, you have to take out minimum amounts annually, known as required minimum distributions, or RMDs, from…
Dividend Aristocrats are a special category of dividend-paying stocks with a long track record of making — and increasing — their payouts. Because of their stable and rising payouts, a collection of these dividend dynamos can form the basis of a lucrative income-paying portfolio. Here’s what Dividend Aristocrats are and…
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict editorial policy, so you can trust that…
Key takeaways Green banking means being more environmentally conscious in what kind of bank you choose and knowing where the bank invests its money. To bank greener, you can choose a bank that prioritizes green initiatives, such as investing in renewable energy. One small way you can bank greener is…
Trending
Spotlight This Week
More Articles
Personal Finance
While there has been much conversation on not buying from companies with poor diversity, little has been said about investing…
Lifestyle inflation occurs when your expenses increase as you earn more income. It can start subtly—dining at pricier restaurants, upgrading…
Chime, the largest digital bank in America, grew its revenue to $1.7 billion in 2024, an increase of roughly 30%…
Technology has transformed some parts of the daunting homebuying process–making it easier to search and compare properties online, to prepare…
Featured Articles
Key takeaways Personal loans can be used to help you build wealth by consolidating debt or funding home improvements. Before you take out a personal loan to build wealth, check your debt-to-income (DTI) ratio and residual income to decide whether it is a good idea.…
Dept Managmnt
Images by GettyImages; Illustration by Bankrate You just found out that you’re getting a tax refund and are considering using it to make…
Banking
Apple, FedEx and Oracle all got loans guaranteed by the Small Business Administration. But rules and red tape keep many banks from making…
Credit Cards
All News
It’s Spring Break season and the weather is only starting to warm up across much of the country, but it’s actually now or never if you want to plan a summer trip. That’s particularly true if you’re hoping to score free travel with a credit card sign-up bonus. It pays…
Doing taxes isn’t exactly easy, and “tax deduction” brings to mind piles of receipts and complicated calculations, just to save a few bucks. Here’s the good news: You don’t need to itemize deductions to take advantage of valuable tax breaks and reduce your taxable income. Every year at tax time,…
staticnak1983/GettyImages With the right tax software, you can file your taxes quickly and accurately. If you’re looking for great value in tax software, TaxAct is a strong choice. TaxAct offers affordable prices compared with other software providers, such as TurboTax and H&R Block. Plus, it offers an easy-to-use platform that…
Anna Moneymaker/GettyImages If you make less than $150,000 a year, President Donald Trump wants to abolish your taxes, U.S. Commerce Secretary Howard Lutnick said in an interview with CBS on Tuesday. “I know what his goal is: No tax for anybody who makes less than $150,000 a year. That’s his…
Key takeaways You can save on interest payments by transferring debt to a zero-interest intro APR balance transfer card. In addition to transferring credit card debt, some balance transfer cards allow you to transfer personal loans, auto loans, home equity loans and student loans. Not all card issuers allow you…
Key takeaways Giving a child a debit card can teach them financial responsibility and budgeting skills at a young age. Most banks offer checking accounts and debit cards for teens as young as 13 years old. The decision to give a child a debit card should be based on their…
Taking out an unsecured business loan gives business owners financing without securing the loan with collateral. These loans can be especially appealing to business owners who don’t have assets. Since these loans don’t require collateral, the eligibility requirements for some types are often more strict than other business loans, and…
Starting an emergency fund is often highlighted as a crucial aspect of personal finance, but we don’t talk as much about when you should tap into that money. For example, if someone faces an unexpected car repair bill, should they dip into their emergency fund or explore other financial avenues?…
With the excitement and emotions that come into play when adopting a pet, it’s easy to lose sight of what it takes to look after an animal for the rest of its life. And vet costs are one of the most important points to consider when evaluating your financial readiness…
The brother of Tesla CEO Elon Musk has been selling Tesla stock. Kimbal Musk has been offloading shares in recent months, just as Tesla stock has made a massive retreat from all-time highs that put the stock, however briefly, among the select group of trillion-dollar companies. Should this sale from an…
Editor's Pick
