One of the most common questions we receive centers around the decision with what to do with your old 401(k) account. We analyze multiple ways to look at whether to stay or move strategically, but if you decide to move the funds from one...
As older Americans worry about the size of their nest eggs, some may eye riskier assets, such as cryptocurrency, to cover their shortfall with the possibility of higher returns. “It’s a tough predicament, and I think a lot of...
The crypto market is down 46% from its all-time high in May, but shrewd investors are celebrating the dip in prices. Because the IRS classifies digital currencies like bitcoin as property, losses on crypto holdings are treated much differently...
When you’re young and just starting out, you can take more risk with the investments you’ve earmarked for retirement. After all, if you start in your 20s, you’ve got more than 40 years to grow your nest egg, and it’s easier to...
As someone who writes about personal finance, I tend to give people one big piece of advice: save adequately for emergencies. In fact, I believe that, no matter your age or income, your first financial goal should be to sock away enough...
With the pandemic upending where Americans live and work, many now face the dizzying maze of income tax issues. However, workers in some industries, such as entertainment, have been dealing with these problems for years. Touring...
The great thing about Social Security is that it's set up to pay you a monthly benefit for life. The not-so-great thing about Social Security is that the benefit you collect generally won't be enough for you to live on by itself.
It’s easy to roll our eyes at outlandish spending from billionaires – say, buying NFTs or yachts – but their spending is good for the overall economy. Their savings, however, are not so good, according to new findings published in the Chicago...
Hawaii may be overcrowded right now, but that doesn't mean a tropical vacation is out of the question. Check out these five alternative locations. After spending much of 2020 at home, more people are traveling in 2021, and there...
For Matthew Roed, Social Security is looking a lot less promising than the money he’s stashed away in his BitcoinIRA. Roed is a registered nurse living in Golden Valley, Minnesota, and he says he’s spent 16,000 hours researching all...
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