What Is a High-Risk Driver?
Key Takeaways There is no formal designation or definition of a high-risk driver by state or federal law, or by all insurance companies. High-risk drivers are those who’ve racked up…
Key Takeaways There is no formal designation or definition of a high-risk driver by state or federal law, or by all insurance companies. High-risk drivers are those who’ve racked up…
Key Takeaways The Capital One Purchase Eraser is a feature included with the issuer’s travel rewards credit cards that allows you to cash in miles for an account credit that…
Key Takeaways A Roth IRA basis is the total amount of money you’ve contributed to your Roth IRA since opening the account. Calculating Roth IRA basis helps distinguish between your…
While money market funds work well for parking your surplus cash, several worthy alternatives exist, some of which offer more ideal terms and yields depending upon your specific needs and…
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Definition and Example of a Payday Loan A payday loan is a cash advance of a portion of your next paycheck. Once approved, the company will lend you a small…
If you’ve thought about taking out a home equity loan, perhaps you’ve worried whether doing so could impact your private mortgage insurance (PMI) payments. Could a home equity loan or…
A Roth conversion is the process of taking funds from a traditional IRA or other retirement account, and moving it over into a Roth IRA. Some people choose to do…
Definition and Example Mutual Fund Capital Gains Distributions Mutual fund shareholders face the possibility of receiving capital gains distributions from their mutual funds each year around November or December. These…
Mortgage rates gave back a chunk of ground after their recent spike to multi-year highs. The average rate offered to homebuyers using a conventional 30-year fixed mortgage fell to 5.17%…