The nearly doubling of the standard deduction a few years ago hasn’t necessarily simplified tax preparation.
The tax code is replete with credits and deductions for taxpayers who claim the standard deduction — and that list got a little...
Even if you’re a homebody by nature, we’ve all been spending a lot of time staring at the same four walls lately. Now is definitely the time to consider a refresh.
A little redecorating can make the same old space feel...
Saving for retirement throughout your career may have left you with investments in several different types of accounts.
By the time you retire, you could have a 401(k) from work, an IRA for additional retirement savings, and a taxable...
With bank savings accounts yielding around 0.04% annually, based on the national average, it would take more than a millennium for your money to double. No wonder so many investors are desperately searching for yield.
Some are even going...
If you’re one of the millions of Americans struggling financially because of the coronavirus pandemic, more relief is on the way.
Included in the $1.9 trillion stimulus package working its way through Congress and expected to be signed into...
Some people retire with $100,000 to their names and get by just fine. Others retire with 10 times as much and struggle to manage their bills.
The amount of money you end up needing in retirement will depend on...
You will need much more in retirement savings today to produce the same amount of retirement income as before, Advisor Perspectives magazine reported last month. Three times more!
Current low interest and dividend rates simply make it impossible, the...
Bitcoin (CRYPTO:BTC) made a stunning comeback toward the end of 2020, leaving many investors with triple-digit percentage gains that could impact their tax returns if they sold and took profits. Although receiving income is a slam dunk for investors, it also creates...
Age 62 is the earliest age you can file for Social Security, and not surprisingly, it's also the most popular. But signing up to collect benefits at 62 has its drawbacks -- namely, locking in a lower monthly benefit for life.
You will need much more in retirement savings today to produce the same amount of retirement income as before, Advisor Perspectives magazine reported last month. Three times more!
Current low interest and dividend rates simply make it impossible, the...
