The decisions to be made are many, and understanding the long-term ramifications of those decisions is paramount, considering that your retirement years could be as many as those spent working. The numerous options you will face can become a...
The pandemic recovery has not been uniform. The economy is recovering at varying rates; the poor are getting poorer and the rich are getting richer, says Ken Mooso, CEO at social investing app PersonaFi. “Younger generations are being...
There’s a growing push for students to get personal financial education in high school. But, according to U.S. Secretary of Education Miguel Cardona, that might not be early enough. “When I talk to students now, they...
The Social Security Administration said on October 13 that Social Security and Supplemental Social Security payments will be going up by 5.9% in 2022. Advocates for older Americans, however, caution that this won’t be enough to keep up with the inflation that...
Federal Reserve officials are worried that inflation could last longer than they had anticipated, according to minutes from a recent meeting released this week. Now, a survey from Global Atlantic Financial Group shows that retirement age investors ages 59...
Saving for retirement can be a challenge, but it's crucial for every senior to have a nest egg they can rely on. If you want to help make sure you have the money you need for your later years, there are a...
Where you put your retirement savings is just as important as what you invest in. The right account can help you save on taxes and invest in securities that align with your long-term goals. Some even enable matching employer contributions.
This probably isn’t a big problem for most retired Americans, but you can’t let funds in your retirement accounts sit there forever. You have to make required minimum distributions or face stiff penalties from the IRS — and if you haven’t done...
You’ve had a successful career and you’re almost ready to retire. While still in your peak earning years, is there a tax efficient way to give back? During this time, when you’re in a high tax bracket, charitable giving can both benefit...
Being self-employed has a multitude of benefits. While you can be your own boss and enjoy the flexibility and agency that comes along with this style of employment, there are certain things that aren’t as readily available. This includes employer sponsored healthcare...
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