Tag: Retirement planning
The cost of investing has been falling. Here’s what investors should know
High fees can take a bite out of your portfolio returns, but the good news is that it's becoming cheaper to invest.Financial services firms charge cli [...]
How it impacts the stock market and how to close the gap
Oscar Wong | Moment | Getty ImagesWomen don't invest in the market at the same rate as men, and the reasons for this are more nuanced than lower earni [...]
State IRA programs work toward closing the racial retirement savings gap
Maskot | Maskot | Getty ImagesThe income and wealth gaps between people of color and white households is wide, but state-run retirement programs are a [...]
How to prepare for a 1099-K for online payments and reduce your taxes
Charday Penn | E+ | Getty ImagesIf you've accepted payments via apps such as Venmo or PayPal in 2022, you may receive Form 1099-K, which reports incom [...]
Amid inflation and market volatility, just 12% of adults feel wealthy
Inflation, geopolitical uncertainty and fears of a recession have undermined financial confidence across the board, according to a new report by Edelm [...]
4 key year-end moves to ‘control your tax reporting destiny’
seksan Mongkhonkhamsao | Moment | Getty Images1. Boost your 401(k) contributionsIf you haven't maxed out your workplace 401(k), there may still be tim [...]
What to know before rebalancing your investment portfolio
After a volatile year for the stock and bond markets, it may be time to rebalance your portfolio by shifting assets back to match your original goals, [...]
What the ‘millionaire tax’ in Massachusetts means for the wealthy
If you make more than $1 million a year in Massachusetts, you may soon be subject to a "millionaire tax" approved by voters this week through a ballot [...]
What 5 key personal finance issues mean for you
As Americans head to the polls, several key personal finance issues are weighing on voters' minds and wallets.This week, the Federal Reserve enacted i [...]
What an inverted yield curve means for the economy
Catherine Yeulet | Getty ImagesWhat the inverted yield curve meansGenerally, longer-term bonds pay more than bonds with shorter maturities. Since long [...]
TreasuryDirect crashes as investors try to beat key I bond deadline
Shapecharge | E+ | Getty ImagesInvestors crashed the Treasury Department website for Series I bonds on Friday as they clamored to lock in a record-hig [...]
JPMorgan uses Advancing Black Wealth Tour to boost financial literacy
JPMorgan Chase brought its Advancing Black Wealth Tour to Philadelphia on October 8, 2022.Photo: Steven CW Taylor & Salim Weldon of Steven Taylor [...]
Series I bond rate expected to fall to roughly 6.48% in November
Morsa Images | E+ | Getty ImagesFixed rate for I bonds will 'most likely be zero'I bond rates have two parts, a fixed rate, which remains the same aft [...]
Young, wealthy investors are turning to alternative investments
More advisors are using alternative investmentsAlternative investments typically fall into four categories: hedge funds, private equity, "real assets" [...]
IRS delays rules for some inherited retirement accounts until 2023
Zinkevych | iStock | Getty ImagesIf you inherited a retirement account in 2020 or 2021, the IRS is waiving penalties for some heirs who needed to star [...]