Comprehensive Car Insurance Coverage | Bankrate

Mortgage

Key takeaways Full coverage car insurance coverage typically refers to a policy that includes state-mandated coverage types, plus comprehensive and collision insurance. Your state will not require you to have comprehensive auto insurance coverage, but…

Understanding The Safe Withdrawal Rate (SWR) Method

Mortgage

The safe withdrawal rate (SWR) method is a spending strategy that allows retirees to draw down their portfolios during retirement while minimizing the risk of running out of money. While the method isn’t perfect, the safe withdrawal rate gives retirees a guideline for their spending. Maintaining a portfolio based on…

Financial Advisor Vs. Financial Planner

Investing

Nitat Termmee/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways A financial advisor evaluates the financial needs of their clients and helps them make informed investment decisions to build wealth. A financial planner creates comprehensive financial plans for their clients by considering factors such as savings, retirement and estate planning.…

Which States Will Be Hit Hardest By SAVE Plan Ending?

Mortgage

Like a bar that wants to close at 2 a.m., the Education Department is urging student loan borrowers to switch from SAVE — the most generous of the income-driven repayment plans for federal student loans. Yes, ending SAVE’s interest-free forbearance is tantamount to last call. Except in this case, borrowers…

The “De Minimis” Exemption And The Impact On Small Businesses

Small Business

Luis Alvarez/Getty Images Kristen Allen, the founder of Exclusively Kristen, a women’s clothing company, had recently moved to Hong Kong to more closely monitor the distribution of goods from her warehouse. But after heading to the post office to fulfill her first order, she was told that Hong Kong had…