At a time of sticky inflation and a softening job market, extra money in the bank can serve as a lifeline for many consumers. Yet 8 in 10 Americans did not increase their emergency savings this year, a new Bankrate survey found, leaving them in no better financial position to…
While the top ten largest credit unions still hold significantly less in assets than even the top five largest banks, they have been growing considerably in recent years. Just within the last five years, total assets in federally insured credit unions have risen by approximately 45 percent over the past…
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…
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
Reaching age 65 doesn’t automatically change how the IRS taxes your 401(k) withdrawals. Instead, it taxes distributions from a traditional 401(k) as ordinary income, just like wages or Social Security benefits. Your tax rate depends on your total taxable income and filing status in the…
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
Key takeaways The Amazon Prime Secured Card is geared toward cardholders with bad credit, so you’re required to put $100 to $1,000 down as a security deposit to get this card. Despite the security deposit requirement, this card offers unique benefits, like no annual fee with a Prime membership…
Artfoliophoto/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways Mortgage recasting lets you reduce your mortgage payments and total interest paid over the life of the loan by making a lump sum toward your loan principal. When you recast a mortgage, your interest rate and loan term stay the same.…
Images by Getty Images/Illustration by Bankrate For many people, charitable giving often involves writing a check or donating online. But what if there was a way to weave your generosity into your retirement plan while generating income for yourself at the same time? Charitable gift annuities (CGAs) offer a strategic…
Key takeaways The child and dependent care credit helps you recoup some of the costs of paying for care while you’re at work. The value of the credit is a percentage of the expenses you paid. That percentage varies depending on how many dependents you have and your household’s adjusted…
Various characteristics in a bank can help customers feel safe and confident about keeping their money there. Four such pillars of trust include: Federal deposit insurance Financial stability Fee transparency Strong customer service These four pillars are necessary for one vital aspect of banking relationships: trust. In fact, nearly 16…
Photography by Getty Images Key takeaways American Express offers a handful of co-branded Hilton credit cards, two of which are the Hilton Honors American Express Card and Hilton Honors American Express Aspire Card*. The Aspire Card targets luxury travelers and comes with a $550 annual fee, whereas the Amex Hilton…
Key takeaways While credit card companies technically have the ability to pursue your home for unpaid debt, it’s rare. A debt collector must go to court and get a judgment before it can place a lien on your home. There are limits and exemptions to how much of your home’s…
The Good Brigade/Getty Images Key takeaways The private mortgage insurance (PMI) deduction will be available again for homeowners in tax year 2026 — the first time since the end of 2021. The full PMI deduction will be available for homeowners earning less than $100,000 per year. Most borrowers pay mortgage…
Key takeaways Business bank loans offer flexible terms and attractive interest rates. Businesses should expect longer waiting periods for approval and slower funding times when applying for a business bank loan. Types of business bank loans include term loans, equipment loans, microloans and lines of credit. Bank financing can be…
Air France and KLM’s joint Flying Blue program is part of the SkyTeam alliance and offers some of the cheapest international flights using miles. The program partners with five transferable rewards programs, making it easy to save up miles for an award flight. Network coverage: 5/5 Flying Blue has a…
Editor's Pick
