Could You Benefit from Split Interest Income Trusts?, Senior Investors Targeted in a New Scam, Home Insurance Doesn’t Cover These 6 Things

2023 Child Tax Credit: Who Qualifies and What It s Worth | Surprising Things Home Insurance Doesn't Cover | Important Financial Moves to Make as Year's End Approaches Created for {EMAIL} | [Web Version]( November 16, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top Story [] [2023 Child Tax Credit: Who Qualifies and What It’s Worth]( [2023 Child Tax Credit: Who Qualifies and What It s Worth]( (Getty Images) Not everyone can claim the credit, and credit amounts can differ for those who can. Eligibility is based on four requirements. How much will your child tax credit be for 2023? [Find out here](. [] Your Home [] [Surprising Things Home Insurance Doesn't Cover]( [Surprising Things Home Insurance Doesn't Cover]( (Getty Images) Like other types of insurance ([auto](, [life](), not all home insurance policies are created equal. Many home insurance plans contain gaps, where you’re not covered for certain events. We break down [six unexpected things that aren't protected here](. [Is Roth IRA Conversion Really Worth It?]( Have you considered converting a pre-tax retirement account into a Roth account as you approach retirement? This approach could allow you to keep growing funds tax-free and then make withdrawals in retirement without paying taxes. Find out more to see if this strategy is for you. [LEARN MORE]( ADVERTISEMENT [] In Case You Missed It [] [Important Financial Moves to Make as Year's End Approaches]( [Important Financial Moves to Make as Year's End Approaches]( (Getty Images) Now is the time to review where you are and where you’re going, wrap up any remaining goals for 2023, and think about what you want to accomplish in 2024. Morgan Stanley executive Kate Winget wants you to consider adding [these five important steps to your year-end checklist to help you stay on track](. [] Personal Finance [] [Would You Benefit From a Split Interest Income Trust?]( [Would You Benefit From a Split Interest Income Trust?]( (Getty Images) If you have a high income, are selling appreciated assets, or won the lottery, a split-interest income trust [could be a boon to you and a designated charity](, writes attorney John Goralka. [Benefits of Compound Growth, Put time on your side.]( Compound interest makes your money grow faster because interest is calculated on the accumulated interest over time as well as on your original principal. Compounding can create a snowball effect, as the original investments plus the income earned from those investments grow together. Choices like REITs and dividend stocks can net you a higher return with reinvested dividends. [READ MORE]( ADVERTISEMENT Featured Content Sponsored Content from Decanter [NEW Decanter Wine Club Holiday Offer]( The Decanter holiday case has landed and with it a special offer for new members. 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