Articles by Simon Zhen

Simon Zhen is the chief research analyst for MyBankTracker and an expert on consumer banking products, bank innovations, and financial technology. Simon has contributed and/or been quoted in major publications and outlets including Consumer Reports, American Banker, Yahoo Finance, U.S. News - World Report, The Huffington Post, Business Insider, Lifehacker, and AOL.com. Education: Education: B.S. in Health Sciences from Stony Brook University.

The Tax Advantages of Taking a HELOC The IRS is most generous with people who take out a HELOC to improve their homes. This category of borrowers can deduct interest payments up to a value of one million dollars for a couple filing their tax returns together. Insider Secrets from a Chase Banker: How to Complain the Right Way Photo of Simon Zhen Simon Zhen Insider Secrets from a Chase Banker: How to Complain the Right Way Don't make it a habit to overspend with a debit card -- it can be... How to Invest in U.S. Series I Savings Bonds Photo of Simon Zhen Simon Zhen How to Invest in U.S. Series I Savings Bonds Learn the basics how to invest in Series I Savings Bonds, a viable savings product... What is an ACH Transfer? Learn more about ACH transfers, which are common for moving funds between bank accounts electronically. How the IRS Collects Taxes You Owe What Happens If You Can’t Pay Your Taxes Photo of Simon Zhen Simon Zhen What Happens If You Can’t Pay Your Taxes There are few things in life more disappointing than finishing your income taxes... How to Reduce Next Year's Income Taxes Photo of Simon Zhen Simon Zhen How to Reduce Next Year's Income Taxes By taking steps now to reorganize your financial life, you can reduce your tax... Major Life Milestones That Could Change Your Tax Situation Find out which major life milestones can result in big changes to your tax filing season -- they could have an impact on the complexity of your taxes. How to Finance a College Education with a HELOC Learn more about the benefits and disadvantages of using a home equity line of credit (HELOC) to help finance your child's college tuition and expenses. HELOCs Vs. Home Equity Loans: Which Option Is Better? Photo of Simon Zhen Simon Zhen HELOCs Vs. Home Equity Loans: Which Option Is Better? From time to time, households or individuals would need to shoulder some major...