Personal Finance
This might come as a surprise, but I’m a credit cards editor who avoids cards with annual fees at all…
FICA taxes, which are also called payroll taxes, are mandatory for most working Americans and cover both Social Security and…
Image by GettyImages; illustration by Bankrate If you receive income or have any taxable activity, such as a business or…
Credit: Images by GettyImages; illustration by Jessa Lizama/Bankrate Understanding the difference between gross and net income can be helpful for…
Alistair Berg/DigitalVision/Getty Images One of the highest rewards rates on the market, you can earn 5 percent cash back on…
Key takeaways A prepayment penalty is a fee designed to discourage borrowers from paying off a loan early, before the…
Inflation has been stealing from your paycheck, and all signs indicate that’s not going to change anytime soon. Even if…
In a unanimous decision, the U.S. Supreme Court ruled that a Catholic organization qualifies for a tax exemption even though…
Key takeaways When a merchant accepts credit card payments, it pays an interchange fee charged by the credit card company…
Todd and Julie Chrisley were convicted of tax evasion and bank fraud, and have been in prison since January 2023.…
San Francisco-based Chime, the largest digital bank in America, wants to go public at a price between $24 and $26…
You generally need earned income—such as wages, tips, or self-employment income—to contribute to a Roth IRA, since these accounts are…