Sandra Thompson, the FHFA’s director, said during the recent Mortgage Bankers Association (MBA) Annual Conference that having two different credit score models will give investors a more accurate picture of risk and help them make better investment decisions. Thompson stated that the newer models are much more inclusive, as they
Even if you have substantial savings, and a retirement plan, you might still doubt whether you are saving enough for retirement. Retirement savings is dependent on the time you have left before you retire. If you’re in your 20s, you might not even be thinking of any savings for
Everyone pays taxes, although some don’t know what forms of taxes they pay. However, even for these items with embedded taxes, some items are deductible from the income taxes. Some of these are familiar objects and things that we take for granted and don’t even know can be deducted from
When it comes to taxes, there are many things that can affect your income – inflation being one of them. This year, the IRS has announced that it will be raising the 2023 tax brackets, standard deductions, and other inflation adjustments in order to reflect these rising costs. In a
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