Personal Finance

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Form 8396: How to Claim Mortgage Interest Credit

Form 8396 is used to claim the mortgage interest credit. This is a nonrefundable federal…

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At What Age Can You Retire With $1 Million?

For many Americans, $1 million is the benchmark for a secure retirement. But in today’s…

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What Is A High-Yield Savings Account?

Key takeaways A high-yield savings account pays significantly more interest than traditional savings accounts —…

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Section 83(b) Election for Stock Options: Deadline, Examples

An 83(b) election lets individuals who receive restricted stock or stock options pay taxes on…

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What Is the Typical Wage Replacement Rate?

A key question in retirement planning is how much of your income you’ll need to…

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What Is Direct Deposit? | Bankrate

Key takeaways Direct deposit allows your employer to send your paycheck directly to your bank…

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Standard Mileage Deduction: Requirements, Rate and Examples

If you use your personal vehicle for business or other specific needs, you may be…

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Rule of 110: How to Calculate and Examples

When building an investment strategy, your asset allocation is one of the most important decisions…

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How To Sell And Buy A House At The Same Time

Key takeaways Selling your current house while simultaneously buying a new one requires careful planning,…

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California vs. Florida: Which Is Better for Taxes?

When comparing California vs. Florida for taxes, the absence of a state income tax in…

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