Just Starting Out? Learn From Our Mistakes

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a...

How the Federal Reserve Works

Have you ever taken a close look at paper money? Each U.S. bill has the words “Federal Reserve Note” imprinted across the top. But many individuals may not know why the bill is issued by the Federal Reserve and what role the Federal Reserve plays in the economy....

Retiring Soon With a Pension?

Here’s how rising interest rates can affect your lump-sum benefits KEY POINTS Many companies that offer traditional pensions give workers the option to take their benefits as a lump sum instead of as an annuity. The higher the rate used to calculate a lump sum — to...