Retailers are expecting a robust shopping season, with November and December sales projected to top $1 trillion for the first time ever. The flip side of all this holiday cheer? Many consumers could get themselves overextended with their finances. Russ...
With the 2019 tax season around the corner, here are some deductibles you probably didn't know about. Buzz60's Natasha Abellard has the story. USA Today
...Tax-favored accounts like IRAs, 401(k)s and similar plans are essential for those who want to become ultimate retirement savers. To truly max out all of your retirement saving opportunities, it takes more money than you might think – but those...
The career of China’s biggest property tycoon can be divided into two stages. Xu Jiayin started slowly, focusing on Guangzhou, a southern city. Then came the global financial crisis and the government’s response, a giant economic stimulus, launched a decade...
The contest for control of Congress will come down to the outcomes in as many as 70 House and 11 Senate races spread across time zones from Maine to Alaska. Polls in the first series of bellwether House districts begin...
Plunging stock prices can even rattle the nerves of a veteran markets reporter who's been covering Wall Street's ups and downs for two decades. But through the years — after watching many nail-biting down days for the Dow and listening...
Like death, taxes remain uncertain. But they’re now on sale. Under the new tax laws, individual tax rates are broadly lower, and the standard deduction – which directly reduces your taxable income – is nearly double what it was. A...
Medicare Part B premiums are heading higher next year because of increasing healthcare costs, and that could take a bigger bite out of your Social Security income. Roughly 70 percent of Social Security recipients have their Medicare Part B premiums...
If your employer offers free life insurance during open enrollment this fall, grab it. But if your workplace lets you buy additional coverage on top of that, ask some questions before spending any money. Buying group life insurance through an...
You may have stopped working, but Uncle Sam is still digging into your pocket. Though high-income retirees are looking forward to lower taxes once they've exited the workplace, they can still expect to pay stealth taxes in the form of...
An individual retirement account, or IRA, can be a highly effective way to save and invest for retirement. The tax-deferred nature of these accounts can allow savers' money to grow and compound far more efficiently than in a standard taxable...
Not everyone defines being "well off" the same way. A struggling recent graduate may be comfortable with a few bucks in his wallet and food in the fridge while a working single mom may not be comfortable without a six-month...
When preparing their financial information for tax season, it's important for taxpayers to have an idea of how much they'll be paying. Even if your income didn't change, the amount you're paying in taxes may. Several factors affect your taxes...
Saving toward retirement is challenging for many Americans. Given all of the competing demands on your paycheck, it can be hard to set aside money that you won't need for years, or even decades. But even though many people aren't...
Finding the right vehicle to save for college can be daunting. There are many choices, and it can be difficult to discern the differences among each type of account. Below, we've outlined a few salient features of a few of...
