High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers ...

KEY TAKEAWAYS Interest rates are expected to be held at higher-than-usual levels this year, making high-yield savings ...

A personal loan can help you pay outstanding taxes quickly, but be sure to consider an IRS repayment plan and other ...

Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.

Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...

Unlike Roth IRAs, there are no income limits on Roth 401 (k)s. You can contribute to the account no matter how much you earn.

You’re also responsible for self-employment taxes, which pay for both the employee and employer’s share of Social Security and Medicare taxes, on top of federal income taxes and any applicable ...

Remember, though, that if the money you receive from an inheritance subsequently generates income, such as the interest ... to different tax treatments. Generally, you pay taxes on annuities ...

There are an enormous number of side gigs that could help you earn a little extra cash each month. Whether you want to drive ...

Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes ...

Your take-home pay ... and how tax changes could affect your money. When the IRS raises federal income tax brackets, you might fall into a different tax bracket than you did the year before ...

This reporting change will give the IRS a clearer picture of how much you earned in untaxed income this year to help ensure you pay your taxes ... received a 1099-K tax form before.