Personal Finance

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Profit-Sharing Plans: What Are They And How Do They Work?

A profit-sharing plan is a defined contribution retirement plan that allows an employer or company…

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How To Close A Chase Account

Key takeaways Chase allows customers to cancel their credit cards over the phone, by mail…

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Do Red Cars Really Cost More to Insure?

Photography by Getty Images; Illustration by Bankrate Whether you’re shopping for a new vehicle or…

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What Is A Bank Run? Definition, Causes and Examples

Bank runs were featured prominently in the news following the high-profile failures of Silicon Valley…

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How Much Should I Save Each Month?

Andrey_Popov/Shutterstock Key takeaways Aim to save at least 20 percent of your take-home income each…

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What Is A Bank Statement?

 A bank statement is an important document that provides a detailed record of all the…

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Washington, D.C. First-Time Homebuyer Assistance Programs

More affordable interest rates No restrictions on home price, only loan size Down payment assistance…

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What Counts As “Entertainment” On The Capital One Savor Cards?

The legacy Capital One Savor Cash Rewards Credit Card is no longer taking new applicants…

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How To Upgrade or Downgrade Your American Express Card

Key takeaways Upgrading an American Express card can be beneficial as it comes with additional…

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What Is A Savings Account? Definition, How It Works

Key takeaways Savings accounts are available mainly at federally-insured banks and credit unions. Many big,…

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