Articles by Paul Sisolak

Paul Sisolak is a personal finance journalist with an extensive background in news reporting. He covers saving, investing, real estate, and the economy. Paul has contributed to major publications, including CNN, CBS, Yahoo, U.S. News & World Report, and more. Education: B.A. in Journalism from Monmouth University.

How to Use CDs to Save for a Home Down Payment Photo of Paul Sisolak Paul Sisolak How to Use CDs to Save for a Home Down Payment CDs offer higher interest rates than traditional savings accounts, making them an... IRS Rules for Cash Deposit 2025: How Much Cash Can You Deposit? Learn the laws and bank rules for large cash deposits. Find out whether these transactions will be reported to the IRS for suspicious activity. What You Need to Know When Taking an RMD from an IRA CD Learn how to take a required minimum distribution from your IRA CD so that you are following all the rules set forth by the IRS. This allows you to get your retirement savings without incurring any penalties and taxes that could hurt your IRA CD earnings. Find out how to use IRA CDs strategically for your retirement. What Restaurants Do If a Credit Card is Declined at the End of a Meal Photo of Paul Sisolak Paul Sisolak What Restaurants Do If a Credit Card is Declined at the End of a Meal If a credit card is declined at a restaurant, the establishment will likely attempt... Can Multiple Accounts Be Linked to a Single Debit Card? Photo of Paul Sisolak Paul Sisolak Can Multiple Accounts Be Linked to a Single Debit Card? Yes, it is possible to link multiple checking and savings accounts to a single debit... Which Credit Report Does Citibank Pull? Find out which U.S. credit bureau, Equifax, Experian, or TransUnion, is most commonly used by Citi to approve or deny a credit card or loan. What's the Most Amount of Cash You Can Withdraw at Once? Find out how much cash you can withdraw at one time from your bank accounts and learn what rules and security protocols apply to such a large transaction. Ally Bank Certificate of Deposit (CD) Rates 2025 Review Photo of Paul Sisolak Paul Sisolak Ally Bank Certificate of Deposit (CD) Rates 2025 Review Learn more about the certificate of deposit (CD) rates and early withdrawal penalties that come with Ally Bank. See how they can help increase your savings. Should You Use Personal Loans for Medical Bills? Photo of Paul Sisolak Paul Sisolak Should You Use Personal Loans for Medical Bills? All it takes is one major medical bill to create many financial problems, even for... How Does FDIC Deposit Insurance Work With Bank Accounts? Learn how FDIC deposit insurance works when it comes to making sure that your money in bank accounts is safe when a bank fails or is shut down.