You may have decided to get a side hustle to boost your income in the face of rising bills. Or maybe you have a specific financial goal you're working toward, like buying a house or paying off your credit cards for good. There's a definite upside to having a side hustle -- growing your...
Retirement is a pleasant prospect to look forward to, but if you go into it carelessly, you may wind up miserable and cash-strapped rather than laid-back and content. To give yourself a better chance of landing in the latter scenario rather than the...
Three months into his role as commissioner of the Social Security Administration, Martin O’Malley unveiled a new plan to tackle overpayment issues that have led the agency to demand some beneficiaries repay benefits. “We are no longer going to have that clawback cruelty of intercepting 100% of a payment if people do...
Workers are often told to save for retirement so they have access to enough money to pay their bills later in life. And it's a good idea to contribute steadily to an IRA or 401(k) plan, if your employer offers one. But once money lands in your retirement account, it's really important...
You might think of early retirement as something reserved for the lucky few, but the truth is, it’s open to almost anyone — as long as you follow the five steps listed below. Starting as soon as possible is key, so if you’re...
The wrong strategy could cost you hundreds of dollars per month. Social Security can be a lifeline for many older adults, but your strategy can make or break your retirement. The average retiree collects just over $1,900 per month in benefits, as of February 2024, but certain decisions could heavily impact...
The Roth IRA is one of the hottest retirement accounts on the scene, but there are some benefits that aren't as popular as others. The Roth IRA (individual retirement account) is bursting with benefits that can make saving for retirement a bit more exciting. If you don't want to leave...
A list of things people universally dislike includes stop-and-go traffic, getting hit with bird poo, and budgeting. And, while budgeting isn’t as messy as a bird incident, it might raise your blood pressure like a bad traffic jam would. Why? Budgets force...
Until a few months ago, Kloe Lloyd, who works as a policy and advocacy associate for a research firm in Washington, D.C., did not have saving for retirement on her to-do list. "It’s been a struggle," the 25-year-old told Yahoo Finance. "A lot of Gen Zers like me got a...
Some investors may soon be able to add cryptocurrencies to their 401(k) accounts. Fidelity Investments announced Tuesday it will begin allowing investors to put cryptocurrencies such as bitcoin in 401(k) retirement accounts, making it the first provider...
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