Key takeaways Car insurance companies have the right to not offer standard coverage to drivers with serious or numerous infractions on their driving record. Some standard car insurance companies may offer coverage to high-risk drivers,…

World-famous Kentucky whiskey brand Jim Beam is reportedly closing its production facility in Clermont starting Jan. 1 through the end of 2026. The company is shifting production to its larger Booker Noe distillery in Boston, Kentucky. The company said in a statement quoted by multiple outlets that it is “always…

When unexpected expenses pile up and the emergency fund runs dry, where can you turn for money? For many people, their biggest stash of savings is hidden away in retirement plans, such as IRAs and 401(k)s. But if you withdraw money from a 401(k) or IRA before turning 59½, generally…

Roth IRAs allow your savings to grow tax free and allow tax free withdrawals in retirement. Your income determines whether you can contribute and how much you can add. The IRS sets annual income limits based on your tax filing status. These limits decide whether you can make a full…

Key takeaways Technology is making it easier for scammers to defraud consumers out of billions of dollars with different schemes. Lenders that guarantee loan approvals for an upfront fee are likely personal loan scammers. Consumers with lower incomes and poor credit are more likely to be targeted by scammers. If…