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The new X1 Card, now taking sign-ups for a waitlist, was started by Twitter alums and is backed by PayPal co-founder Max Levchin, among others, X1 said in a statement Thursday. Features for online-savvy consumers include distinctive account management tools. For example, temporary virtual account numbers automatically expire so free trial subscriptions don’t lead to unwanted recurring charges. “Very few people are doing any of the things they are mentioning,” said David Shipper, a senior analyst for market researcher Aite Group who focuses on payment cards....

However, while you should make every effort to notify your supervisor of your resignation as soon as possible, sometimes circumstances require that you leave immediately. If you need to leave your job right away, review advice on how to resign without providing notice, what to do before you quit, and examples of no notice resignation letters. How to Resign Without Notice What’s the best way to resign without providing your employer with advance notice?...

While not all part-time jobs will require a cover letter, it is always a good idea to write one. A great cover letter will show the employer that you are very interested in the job and that you have what it takes to do the job well. What to Include in a Cover Letter for a Part-Time Job When writing a cover letter, use business letter format. In the top-left corner of your letter, include your name and address, the date, and the employer’s name and address....

When Per Diem Rates Do Not Apply What a per diem rate does not cover is the cost of transportation to and from an employee’s place of employment. In that case, employers either pay transportation costs separately—usually directly to the airline, train, bus, and so forth—or, the employees use their own personal source of transportation and are reimbursed according to the IRS mileage reimbursement rate. Examples of Employer Reimbursement for Travel Employers will pay an employee’s transportation costs separately when an employee works at a location for the same company that is different from the location where the employee usually works....

What Is a Personal Loan? A personal loan is an amount of money you borrow from a bank, credit union, or online lender. Personal loans can be secured, meaning you need collateral to get approved, or unsecured. You repay a personal loan over time, typically with fixed monthly payments and a fixed interest rate, although some personal loans may have variable rates. The lender sets the amount you can borrow and the repayment terms....

When writing a resume summary statement, be sure to include concrete information on how you have added value to companies and helped to transform departments or organizations. This will show the hiring manager that you would be an asset to the company. Here’s advice on how to write a resume summary statement, what to include, and examples to review. What is a Resume Summary Statement? A resume summary statement is a brief list or a few sentences at the top of your resume (after your contact information) that highlights your qualifications for a job....

Rocco talks about money from personal experience using a conversational approach with the goal of making otherwise intimidating topics straightforward and accessible. Obsessed with the academic discipline of economic psychology, Rocco redefines personal finance as “individual finance,” looking at how one person’s unique context, behaviors, and motivations impact their money decisions. In addition to The Balance, you can find his most recent work at Seeking Alpha and on Medium. As much as he loves exploring the theoretical and practical underpinnings of our relationships with money, Pendola is just as comfortable breaking down the basics of personal finance, investing, and how the broad stock and option markets function....

Withdrawals in retirement can be tax-free with a Roth IRA—that includes your contributions and the money your contributions have earned—if you’ve held the account for at least five years and you’re over age 59 1/2. You’re not forced to take required minimum distributions (RMDs) in retirement either. However, all this comes with some restrictions. For tax year 2022, you can only contribute a total of $6,000 to your IRAs annually (both a Roth and a traditional IRA), or $7,000 if you’re age 50 or older....

You’re not alone if that sounds like a lot, but you don’t need to save it all at once. We’ll help you figure out how large of an emergency fund you actually need, based on your situation, and how to start building it. What Is the Rule of Thumb for Your Emergency Fund Amount? Most financial experts recommend having three to six months’ worth of expenses available for emergencies. That’s a pretty wide range; knowing which end of the range to target depends on several factors....

You may write these letters of recommendation for clients, co-workers, or venders—anyone you’ve done business with in the past. Sometimes the recommendation is for a person who is applying for a new job in your industry. Other times it may be for a business you have worked with that is looking to build its client base. Writing these letters is more than just a nice thing to do. It can help solidify your professional reputation and grow your network, as well—if you go about it the right way....

A lack of parts and components like semiconductors has limited the number of new cars automakers can produce, which has caused shutdowns at some factories in recent months. Fewer cars mean less inventory on car lots, pushing up prices for the new vehicles that do get made. Customers looking for a better deal have turned to used vehicles—increased demand that has caused the cost of used cars to soar, as well....

If you are thinking about putting crypto in your retirement accounts, it’s crucial to weigh the pros and cons and consider your investment strategy. Here’s a look at investing in cryptocurrency with a Roth IRA, the pros and cons of a cryptocurrency Roth IRA, and some of the risks involved with cryptocurrency in a retirement account. How To Invest in Cryptocurrency With a Roth IRA You can invest in cryptocurrency using a Roth IRA is not as straightforward as buying stocks or bonds....

Record increases in both low- and high-price rental properties contributed to the overall gain. Low-price properties, defined as those charging less than 75% of the region’s median rent, saw rents jump 11.2% in December from a year ago. High-price properties, or those with rents greater than 125% of a region’s median, saw an increase of 11.9%. More people are in the market for rentals, as consumers who would otherwise be looking to buy a home either get priced out because of super-high asking prices, or simply can’t find anything they like with the ultra-low inventory of homes for sale....

That’s understandable: A total overhaul sounds daunting and time-consuming. Fortunately, making a few tiny tweaks to your resume—the type of adjustments that take just minutes to complete—can have a surprisingly big impact. Here are some suggestions for small yet powerful updates you can make to your resume. 1. Remove Old Positions Have you been working off the same resume since you graduated from college, and just tacking on new jobs?...

Married couples must factor in items such as spousal and survivor benefits to make the most beneficial claiming decision. Keep the following in mind when deciding when you should take Social Security as a married couple. Eligibility for Spousal and Survivor Benefits A married person may claim benefits on their own earnings record, but in many cases, they may also claim a benefit on their spouse’s record, called the “spousal benefit....

Current Social Security Maximum Taxable Earnings What Is Social Security Withholding? The Social Security tax is a federal tax imposed on employers, employees, and self-employed individuals. It is used to pay the cost of benefits for Social Security recipients, survivors of recipients, and disabled individuals and is referred to as OASDI, or Old-Age, Survivors and Disability Insurance. The Social Security tax is one of the payroll taxes paid by employees, employers, and self-employed individuals each year known as FICA (Federal Insurance Contributions Act) taxes....

Bootstrapping As hard as it sounds, bootstrapping your startup business may be the best way to go. Bootstrapping is when an entrepreneur or business owner starts a business with little capital except their personal wealth and few assets. The beauty of bootstrapping is that you retain total control of the business. You don’t owe any money and you have not taken on outside investors. The downside, however, is the financial strain put on the entrepreneur....

A special needs trust differs from an Achieving a Better Life Experience (ABLE) account for the living expenses of people with disabilities. 2 Kinds of Special Needs Trusts There are two different types of special needs trusts: the self-settled trust and the third party trust: Self-Settled Special Needs Trust The first type of trust, a self-settled special needs trust, is funded with the disabled beneficiary’s own assets, rather than the assets of a third party....

So how would you do it if you were trying to pick the next Google? Studying what some of the best-performing stocks have in common is a good place to start. Look for World-Changing Ideas Target Solid Businesses GoPro did not actually change the world. It just makes cameras. And while it sells over $1 billion worth of cameras every year, the company saw sales decline in 2016, and net profits turned into losses nearly every quarter for the next several years....

As long as your spouse has taxable compensation, they can set up a tax-advantaged retirement account on your behalf. This compensation can include salary, wages, commissions, or net income from self-employment. This kind of account is referred to as a “spousal IRA,” and it works similarly to traditional and Roth individual retirement accounts (IRAs). In fact, as a married couple, you can both contribute to your own separate IRA if you file taxes jointly, and at least one of you earns enough money to meet the funding rules for two IRAs....