Cash News Mid-October to early December is a season of change for the more than 66 million Americans covered by Medicare, the government-funded health insurance for people 65 and older. This eight-week stretch in late fall is Medicare’s open enrollment period when participants can enroll or make changes to their coverage to take effect in […]
Cash News There are a lot of costs that come with buying a house. The down payment is just the start — you also need to factor in closing costs. In fact, closing costs typically come to around 2% to 5% of the home’s purchase price. So, as home prices rise, closing costs do too. […]
Cash News Financial advisors can provide objective and educated support for reaching your wealth goals. Still, according to the latest surveys, plenty of Americans aren’t working with a professional advisor. Common reasons people choose to go it alone financially include a strong preference for independence, the perception that advisors are expensive, and a lack of […]
Cash News When it comes to saving money, getting your brain on board can sometimes be half the battle. Fighting the urge to spend money and staying disciplined enough to save regularly isn’t easy; just about everyone has made financial decisions against their better judgment. By adopting more positive spending habits, you may find it […]
Cash News The close of the calendar year is financially significant. For one, Dec. 31 marks the end of the tax year, which affects retirement contributions and your capital gains tax liability, among other things. Year-end also creates a natural opportunity to assess your finances to ensure you are on track to meet your goals. […]
Cash News The term “Regulation E” may not be a popular topic of converation, but if you use a debit card or another type of electronic funds transfer, it’s important to be aware of. Regulation E is a federal regulation that protects you from unauthorized and accidental electronic funds transfers (EFTs). It also outlines the […]
Cash News Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, savings interest rates rose sharply. However, in September, the Fed decided to cut its benchmark rate and deposit rates have begun falling as a result. Still, it’s possible to find high-yield savings accounts paying 4-5% […]
Cash News If you’re looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about CD rates today and where to find high-yield CDs with […]
Cash News The national average 30-year fixed mortgage rate has increased for the fifth week in a row. According to Freddie Mac, it has risen by 18 basis points to 6.72%. It’s also up by 60 basis points since the beginning of October. Mortgage rates will probably go down throughout 2025, but the decreases should […]
Cash News Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed slashed the federal funds rate by 50 basis points in September. So deposit rates — including money market account rates — have started falling. […]