On Monday, November 11, all Pinnacle offices will be closed for the Veterans Day federal holiday. 2024 Federal Holiday Closures
On Monday, November 11, all Pinnacle offices will be closed for the Veterans Day federal holiday. 2024 Federal Holiday Closures
As of 2024, the Federal Estate Tax Exemption is $13,610,000. While 2017’s Tax Cuts and Jobs Act (TCJA) made permanent tax changes for corporations, the tax benefits for individuals will sunset on December 31, 2025. If Congress does nothing, the exemption will significantly decrease. This presents an opportunity to save taxes by acting now.
One important measurement of financial wellness is the credit score. It’s essential for renting an apartment or buying a car or home. So how do you build credit when you're starting from scratch? And if your credit score is low, what are some ways to build it back up? Our financial education program manager shares his tips.
You may have heard that there’s a new rule effective April 1, 2024, for FDIC insurance of trusts. The official language of the new rule can be confusing, but we've outlined the basics.
For the cardholder who can pay off the total balance each month or the savvy shopper who pays equal installments on a zero-APR promotional offer, the benefits of using a credit card could be worth it. But for anyone leaving a balance on a higher-APR card for longer than one or two 30-day cycles, the interest charges can really add up, and the balance can take much longer to pay off.
Our Pinnacle | Health & Benefits participants often ask whether certain expenses can be paid for or reimbursed by their Health Savings Accounts (HSAs) and Health Flexible Spending Accounts (FSAs). Sometimes the answer is clear because the expense is listed in Internal Revenue Service (IRS) publication 502 as a common medical or dental expense. Other times, determining whether an expense is a “qualified medical expense” is not as simple. Around the New Year, many people make resolutions to add healthy habits and focus on wellness, so we’ve offered some guidance here related to HSA and FSA expenses that are or are not considered eligible by the IRS.
While math is handy for counting money and making change, teaching students about money is about more than mathematics. The FDIC has developed a set of four grade-specific curriculums called Money Smart for Young People to deliver basic financial concepts to students in kindergarten through 12th grade.
A new year is on the horizon! If one of your resolutions is to get a handle on your budget and manage your money better, here are some tips to get you started.
If you want to take advantage of opportunities to save on your 2014 tax bill and get a jump start for the new year, the time to act is now. Here are five ways to wrap up the year and start your 2015 finances on the right foot.
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