Kathryn Pomroy

Kathryn Pomroy is a freelance journalist who has written for dozens of major publications, magazines, and many well-known personal finance companies like LendingTree, Intuit/Quickbooks, Money Crashers, NextAdvisor/Time and FOX Business. Her focus is business and personal finance, law and health. She holds a BA in journalism.

Do I have to pay taxes on my savings account?

The interest you earn on the money in your savings account is considered taxable income in the year the interest was earned. The tax you pay is determined by your overall taxable income for that same year.

6 ways to spot student loan forgiveness scams

Student loan relief scammers are enticing students with loan forgiveness and false promises. If an offer sounds too good to be true, it probably is. Find out how to spot these 6 scams.