Key takeaways Loss of use reimburses expenses incurred when your home is uninhabitable after a loss. Elective renovations and general maintenance are not covered by…
Illustration by Grant Crowder/Bankrate Key takeaways To find a mortgage lender, first take stock of your finances and decide what type of mortgage you need. You can compare rates and fees by getting a preapproval…
Key takeaways Bonds and annuities aren’t an either-or choice. You may find value from both in your portfolio. Bonds offer stable income, liquidity and the option to sell. Fixed annuities can offer guaranteed income, albeit with less liquidity. When people talk about safe investments for retirement, annuities and bonds often…
Social Security beneficiaries are likely to receive a larger cost of living adjustment (COLA) next year after the latest inflation data show price pressures persisting, according to a new report. Social Security’s COLA is calculated using a variant of CPI data that measures average annual inflation for the months of…
Gemini, the crypto exchange founded by Tyler and Cameron Winklevoss, will begin trading on Friday after raising $425 million in an initial public offering that signals another advance for the industry. Shares, which trade under the ticker GEMI, priced at $28 – the high end of the expected $24 to…
VioletaStoimenova/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways Both financial advisors and accountants can help clients meet financial goals and maximize tax savings. Financial advisors tend to focus more on long-term financial planning for individuals. Accountants most commonly focus on tax planning and returns. Financial advisors and accountants are…
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Inflation rose in August and remained well above the Federal Reserve’s target rate as central bank policymakers weigh potential interest rate cuts at their meeting next week. The Bureau of Labor Statistics on Thursday said…
