Annuities can suit retirees who want steady lifetime checks, but the right pick depends on fees, inflation pressure, and the insurer’s claims-paying record. Annuities are insurance contracts that can turn savings into scheduled payments. Some grow at a stated rate. Some link growth to an index with limits. Some invest in market-style funds. The payoff […]

At 17, you’ll usually need to be added to someone else’s account, because most issuers require you to be 18 to open a card in your own name. You’re 17, you want a credit card, and you want a straight answer. In the U.S., a card in your own name before 18 is rare. That

This filing status can cut your tax bill if you’re unmarried, pay most home costs, and have a qualifying person. If you’ve been paying the bills and keeping a home running, Head of Household may be on your radar. It can mean a bigger standard deduction and different tax brackets than filing as Single. Still,

They don’t expire by a set date, but long stretches without account activity can lead to a locked or closed account and lost points. You earn Alaska points, you stack them for a dream redemption, then life gets busy. Months pass. A year passes. Suddenly you’re wondering if your balance is on a timer. This

Most cards lack a fixed per-day cap; declines usually come from available credit, holds, or bank risk checks. You tap, the terminal beeps, and the screen flashes “Declined.” If you’ve been spending all day, it’s easy to assume you hit a daily limit. Credit cards rarely work with a posted “spend X per day” number.

A mutual fund pools many investors’ cash, buys a basket of securities, and gives you shares priced once per day from the portfolio’s value. Mutual funds show up in retirement plans, brokerage accounts, and college savings. They’re easy to buy, yet the “why did my balance do that?” moments come from mechanics you can learn

Most people don’t file a 1099-C; you report any taxable canceled debt as income and attach Form 982 only when an exclusion applies. Getting a 1099-C can feel like a gotcha: a debt disappears, then a tax form shows up. The form itself is not a bill. It’s a notice that a creditor reported a

Most term policies don’t build cash value, so “cashing in” usually means canceling for any refundable premium or using a rider or sale option that applies. If you’ve been paying for term life insurance and you’re hoping for a lump sum, you’re asking a fair question. The catch is the phrase “cash in.” With term

Yes, many non-US citizens can contribute when they have U.S. taxable pay, file a U.S. return, and stay within the IRS income limits. People ask this because a wrong Roth IRA contribution can turn into an “excess” that brings extra forms and possible penalties. Citizenship is not the deciding factor. Your U.S. tax filing and

Yes, many companies can open a business money market account to earn interest on idle cash while keeping funds accessible for planned payments. You’ve got cash that needs to sit still for a bit: tax money, payroll float, a buffer for slow months, a down-payment fund for equipment. A standard business checking account keeps it