What is adjusted gross income (AGI) and why does it matter?
Your adjusted gross income, or AGI, is your gross income minus a handful of items. Here’s how it works and why it matters.
4 min read
Jun 23, 2025
Joy MacArthur
Underwriter, Expert Reviewer
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16Years of experience
EXPERTISE
- Underwriting
- Life Insurance
- Traditional Life Insurance
- Life Insurance Underwriting
EDUCATION
- Bachelor of Music Education, University of Minnesota - Twin Cities
Joy MacArthur is an experienced life underwriting professional and medical/life underwriting nerd with 15 years of experience in the life insurance business. As a child, she was so interested in medical terminology and information that she used to read the encyclopedia for fun. Her family used to joke that she was a walking Physician’s Desk Reference, because she could always tell them what they might expect for side effects and interactions with medications.
She is also a passionate diversity, equity, inclusion, and belonging champion with 5 years of experience developing cross-functional partnerships and promoting accountability and awareness around visibility and intersectionality.
Joy's latest articles
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Tax fraud: What it is and what you should know to avoid scams
Tax fraud can come with hefty penalties and fines, even jail time. Tax evasion is a type of fraud. But tax avoidance is legal.
3 min read Jun 23, 2025 -
What government layoffs could mean for your mortgage
Government layoffs at HUD, the FHFA and the CFPB could impact consumers — but for now, little has changed.
4 min read Apr 01, 2025 -
Are banks the best place to cash in your coins?
Most banks offer free coin exchange services to account holders. Here’s where to cash in coins.
5 min read Apr 01, 2025 -
Where to exchange currency without paying large fees
Currency exchange can involve a lot of fees, but you can do things to avoid paying as much.
6 min read Apr 01, 2025 -
What should you consider when using a money exchange app?
Payment apps offer convenience but lack bank protections.
6 min read Apr 01, 2025 -
Crypto vs. wire transfers: Which is better to send money internationally?
Bank wires or crypto? Find the best way to send money internationally.
6 min read Apr 01, 2025 -
Do drivers license points impact your car insurance rates?
Driver’s license points and their impact on insurance depend on your state and carrier.
7 min read Apr 01, 2025