Gross Income: Definition, How To Calculate It

Mortgage

Gross income refers to your total earnings before taxes and deductions are taken out. It includes income from all sources, such as wages, tips, investments, interest, pensions and more. Gross income minus taxes and deductions…

Is A Robo-Advisor Right For You?

Investing

Key takeaways Robo-advisors provide automated investment management for relatively low fees. Services, such as automatic portfolio rebalancing and tax-loss harvesting, can save investors time and stress and potentially offset advisory costs by also saving money. Robo-advisors are best suited for investors who want or need help managing their finances than…

How to Choose the Best High-Yield Savings Account for You

Mortgage

Choosing the best high-yield savings account requires comparing interest rates, fees, and account features. Look for accounts offering APYs up to 4.40 percent with FDIC insurance, no monthly maintenance fees and convenient digital features like mobile check deposit and automatic transfers. The key is finding an account that combines competitive…

Guidelines For Getting A Mortgage With Student Loans

Mortgage

Key takeaways Lenders typically factor your student loan payments into your debt-to-income (DTI) ratio to ensure that you’ll be able to repay a mortgage and your academic debt at the same time. Guidelines for student loans vary based on the type of mortgage and the status of the student debt.…

What The GENIUS Act Could Mean For Stablecoins, Investors And Taxpayers

Investing

The GENIUS Act is a proposed bill that regulates one type of cryptocurrency called stablecoins, a $200 billion part of the multi-trillion-dollar cryptocurrency system. The bill’s name stands for Guiding and Establishing National Innovation for U.S. Stablecoins, and its goal is to create a regulatory framework for stablecoins that could…