A bipartisan proposal aims to reduce federal taxes for Americans living in lower-income or economically distressed zip codes, ...

Most Americans know their ZIP code by heart. They type it into online forms, scribble it on envelopes and memorize it as part of their address. But not everyone knows the original meaning of the term.

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.