Have you left an old bank account unused for years and now discovered money stuck in it? Don’t worry — withdrawing funds from an inactive or dormant bank account is now simpler than ever. The Reserve ...
Walking into your bank and asking for your own money sounds easy enough. And there's nothing wrong with doing this. But for withdrawals that cross the $10,000 mark, the transaction takes on a whole ...
One area of learning that often gets overlooked is the knowledge of how spending habits can affect lives over the long term.
But the truth is withdrawing cash amounts of $10,000 or more triggers a report to the IRS. Yep, even if the money is legally yours and you're not doing anything shady, your bank must file a report ...