Photo by fizkes / Shutterstock.com There is a growing threat to your retirement savings, and you probably are not aware of it. Thieves increasingly are targeting individual 401(k) accounts by impersonating the account owners so the crooks can steal thousands — or even hundreds of thousands — of dollars. Heide …
Read More »GrabPay Funds Can Now Be Transferred To Local Bank Accounts, PayNow Users, Selected E-Wallets
From today (Feb 8), GrabPay users can transfer funds out of their GrabPay wallets to bank accounts and other e-wallets in Singapore, with no fees involved. According to a press release from Grab, the features will be rolled out progressively to GrabPay users. Previously, one of the qualms many had …
Read More »Charitable Investment Accounts and How They Work
According to YouGov, most Americans donate to charity in some fashion each year, and for good reason. There are countless worthwhile causes out there that can make the world a better place for a surprisingly small amount of money. There’s also a personal finance benefit: charitable donations offer tax benefits …
Read More »GoodTrust manages your digital accounts after you die
Automation and Jobs Read our latest special issue. Open Now Rikard Steiber discovered how difficult it can be to manage someone’s estate after friends died during the pandemic. He empathized with family members’ struggle to complete tasks like closing social media accounts, securing photos, and dealing with financial services accounts. …
Read More »StashAway Malaysia Users Left With Drained Bank Accounts After Major Direct Debit Error
On the evening of July 27, StashAway users began writing panicked Facebook posts in groups about how their bank accounts had been practically drained by the robo-advisor wealth management platform in a series of back-to-back transactions. These came with no indication of why it was happening, leading some to think …
Read More »Twitter confirms that 130 accounts were targeted in high-profile hack
VB Transform Join live for the last day of the AI event of the year Hosted Digitally 7/17 from 9 – 4:25 PT Register Now Find all the Transform 2020 sessions on-demand. (Reuters) – Twitter said late on Thursday that hackers targeted about 130 accounts during the cyber attack this week, an …
Read More »Questions About Savings Accounts, Career Changes, Cleaning Ovens, Cider and More
What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to summaries of five or fewer words. Click on the number to jump straight down to the question.1. Career change during uncertain times2. What if everyone stays home?3. Chasing yield on savings accounts4. Food dehydrator versus using …
Read More »New Rule Change Makes Savings Accounts More Attractive
Photo by Dean Drobot / Shutterstock.com A new Federal Reserve ruling will make it easier for many people to pull money out of their savings accounts each month. The nation’s central bank temporarily has suspended a rule that normally limits certain types of withdrawals of money from savings accounts to …
Read More »Why Roth Retirement Accounts Are Now Even Better
Photo by TeodorLazarev / Shutterstock.com A newly minted federal law makes it easier for millions of Americans to save for retirement. But hidden inside the legislation is a bomb that could explode the well-laid plans of retirees hoping to leave an inheritance for children or other loved ones. As we …
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