Author: News Room
David Papazian/Getty Images Key takeaways Collateral is something that backs — or secures — a loan, making it less risky…
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…
You generally need earned income—such as wages, tips, or self-employment income—to contribute to a Roth IRA, since these accounts are…
President Trump’s 2026 budget would freeze spending for many services for older adults, deeply cut others, continue his efforts to…
In a unanimous decision, the U.S. Supreme Court ruled that a Catholic organization qualifies for a tax exemption even though…
Homeowners insurance is usually not tax-deductible for personal residences, but you may be able to deduct part of the cost…
The Trump administration is clamping down on federal student loan defaults; at the same time, Republican lawmakers in Congress just…
Todd and Julie Chrisley were convicted of tax evasion and bank fraud, and have been in prison since January 2023.…
There’s no escaping the fact that homes in the U.S. have been getting less and less affordable. According to the…