Key Takeaways: Transition Challenges: Veterans face unique financial challenges when transitioning from military to civilian life, including employment hurdles, healthcare costs, and housing instability. Employment and Economic Stability: Despite strong leadership skills, veterans often encounter unemployment or underemployment due to skill mismatches. Support from programs like VETS and the GI…
Key takeaways Most unemployment payment delays happen due to missing information, fraud checks, or system backlogs. You can often fix the issue by verifying your ID, submitting missing documentation, or updating your payment profile. While you wait, contact lenders to negotiate temporary relief and use savings accounts or short-term loans…
Good news for those looking for more affordable housing: Rents keep falling. In October, rents fell for the 27th straight month year-over-year and the third consecutive month-over-month according to Realtor.com’s October Rental Report. The median asking rent for a 0-2 bedroom property in the 50 largest U.S. metros was $1,969,…
PeopleImages/Getty Images Key takeaways CDs are among the safest places to keep your money, but early withdrawals or inflation can erode returns. FDIC or NCUA insurance protects up to $250,000 per depositor, per institution. Smart CD strategies — like laddering or using no-penalty CDs — can help you avoid losses…
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
When your financial life involves more than one country, taxes can get complex. This is true for expats, dual citizens, digital nomads and business owners with activity abroad. A cross-border tax accountant can help you handle international filing rules and reporting obligations. They work with…
Dept Managmnt
The Downsides of Credit Card Churning and Why It Is Risky You may be asking yourself, “Those benefits sound great, why is credit…
Banking
The fundamental flaws in the way the Federal Reserve operates these days were on full display Wednesday when Jerome Powell talked to the…
Credit Cards
All News
If you need retirement funds for living expenses now, paying taxes on a Roth conversion may cost more than it saves. But, if you plan to keep the money for growth or pass it on to heirs, a conversion can help you avoid future required minimum distributions (RMDs) and provide…
If it feels like your car is eating more of your paycheck than ever, you’re not imagining it — car ownership costs are rising faster than inflation. Bankrate’s latest Hidden Cost of Car Ownership Study reveals that the average driver now spends $6,894 in hidden expenses per year on their…
How much you can lose by retiring at 62 depends on Social Security, savings growth, and pensions. Starting Social Security at 62 usually cuts monthly benefits by 25% to 30% compared to waiting until full retirement age. Retiring early also means fewer years to save and less time for investments…
Retiring early is possible for many people, but it requires smart planning and reliable income sources. Dividend-paying investments offer one path by providing consistent cash flow while still allowing your portfolio to grow. By reinvesting dividends during your working years and later using them to cover living expenses, you can…
The Wells Fargo Autograph Journey℠ Card, released in March 2024, may seem like a good option with competitive rewards rates, but how does it stack up to some of the best travel credit cards on the market today? And does it deserve a place in your wallet? In this article,…
Image by PM Images/Getty Images; Illustration by Hunter Newton/Bankrate Mortgage rates rose this week, with the 30-year fixed rate averaging 6.39 percent, compared to 6.30 percent the previous week, according to Bankrate’s latest lender survey. Current mortgage rates Loan type Current 4 weeks ago One year ago 52-week average 52-week…
High earners often weigh the mega backdoor Roth against the backdoor Roth to expand tax-free growth. A backdoor Roth works by making a nondeductible traditional IRA contribution and then converting it to a Roth. A mega backdoor Roth, on the other hand, uses after-tax 401(k) contributions that are later converted…
Key takeaways Fleet fuel cards are specialized credit cards designed for businesses to manage and track their fuel and vehicle maintenance expenses. Different fleet cards offer various benefits, including rewards, fuel discounts and analytics for tracking vehicle movements and expenses. Businesses can choose a card based on fleet size and…
Key Takeaways Consolidated Payments: Debt management plans simplify the process of managing unsecured debts, by consolidating various debts into a single monthly payment, reducing the risk of missed payments. Personalized Assessment: A debt management plan (DMP) begins with a detailed financial assessment to tailor a repayment plan that fits your…
Direct deposit makes getting paid fast and easy since the money appears in your bank account automatically, without needing to go to a bank. Some banks allow you to receive direct deposits even faster — by up to two days — through early direct deposit. Early direct deposit can help…
Editor's Pick
