WITH YEAR-END statements, W-2s and 1099 forms arriving, it’s time to look for ways to trim capital gains tax liability, especially given the many changes that kicked in for 2018 due to the tax law passed just over a year ago.
Financial planner Jonathan Knapp says it’s not uncommon for recent empty nesters to realize they’re not on track for a secure retirement after years of funding the lifestyles of their departed kids.
Bolstering a bare or depleted nest egg tops...
You probably already know that contributing to your 401(k) plan will improve your retirement finances. But shoveling as much money as possible into a 401(k) account shouldn’t always be your top priority. There are some circumstances when it makes sense to pay...
The cost of living is getting higher, and this can be especially painful if you’re a university student living on a tight budget.
The escalating costs of food, transport and school fees can set you back by hundreds of...
Many workers save for retirement with employer-sponsored 401(k) plans. But if you don’t have access to a 401(k), you can still save for retirement in an IRA, and there are plenty of advantages to doing so. IRAs typically offer a wider range of...
Many workers look forward to retirement, and understandably so. After all, your golden years are a great time to kick back and enjoy the fruits of your lifelong labor.
But retirement can also be a precarious financial period of...
Less than four months ago, a research report released by the Washington, D.C.-based National Institute on Retirement Security (NIRS), using an analysis of U.S. Census data, found that even with the nation’s economic recovery, savings levels of working age Americans are inadequate...
If you want to avoid hefty penalties when you start using money from a 529 college savings account, there are some important rules to follow, according to the financial team at Consumer Reports.
If you don’t spend the money...
This is the most popular time of year for dating. But beware.
Los Angeles-based Holly Shaftel, 29, has been dating her boyfriend for four years. Early on in the relationship, the duo rarely spent more than $50 a week...
Even if the economy is on a roll, many Americans aren’t feeling the benefit.
Real wages effectively declined in 2018, according to figures from the PayScale Index, a formula from the Seattle-based salary comparison site. PayScale said the median wage...
