If rising prices have you worried, one way of insulating your nest egg comes straight from the government: Series I savings bonds. Right now they’re paying 7.12%. Inflation readings reached four-decade highs of 7.5%, the Bureau of Labor Statistics reported...
Here's how to tackle tax season as a freelance employee. There are many benefits to being self-employed. Often, you'll get to set your own hours, work from whatever location you please, and take on projects that interest you. There are...
Saving money on taxes is a top priority for many Americans as it's never fun to send a lot of money to the IRS. The good news is, there are plenty of ways to reduce your tax bill – including...
Tax season 2022 has arrived. The Internal Revenue Service starts accepting and processing 2021 tax returns Monday, Jan. 24, 17 days earlier than last tax season’s late start of Feb. 12. However, you might not have everything you need in...
Intuit Inc. Chief Executive Officer Sasan Goodarzi warned that Americans who invested in speculative assets like Bitcoin or nonfungible tokens, and actively traded equities on commission-free websites could be dumbfounded at this year’s tax bill. “We’re gonna see a lot...
Investors tend to see their risk preferences drift in reaction to past experiences Last year’s stock market blowout is apt to prove “a dangerous blessing” for many ordinary retirement plan savers, Liberum chief market strategist Joachim Klement warns. Thanks to...
How'd the U.S. find itself staring down the highest inflation rate since 1990? It starts with the pandemic, our attempts to stave off a recession and COVID-19's ripple effect around the globe. With inflation at a 39-year high, Americans are...
If you didn’t get the last stimulus check, don’t despair. You still have time to claim the money if you’re eligible. A third round of stimulus payments was distributed as part of the $1.9 trillion American Rescue Plan, signed into...
Inflation has been running high for several months since this summer, and it might not be as "transitory" as policymakers initially thought. Federal Reserve Board Chair Jerome Powell had a noticeable change of tune earlier this month, and former Chair...
Consolidate scattered accounts, reduce taxes, beef up contributions and more As we count the days left in 2021, some people might be ready to create fresh financial goals for 2022. But there are still plenty of opportunities left in 2021...
One final blast of cash is set to arrive Dec. 15 for roughly 36 million families nationwide — including about 1 million families in Michigan — who are eligible for the advance payment for the child tax credit. But what...
They often manage your life savings. Be smart about who you hire. Planning your financial life can sometimes be a lot to handle on your own. If you’re paying off your debt, how much should you invest into your Roth...
Your primary goal in saving for retirement may be to ensure that you have enough money to cover your expenses during your senior years. But you may also have a secondary goal – to amass enough of a fortune to...
In February, Zillow appeared so confident in its ability to use artificial intelligence to estimate the value of homes that it announced a new option: for certain homes, its so-called "Zestimate" would also represent an initial cash offer from the...
Many people cite staggeringly low interest rates as a reason to skip an emergency fund. Others cite the threat of continuous inflationary pressure. Regardless, it's still a good idea to keep a solid cash reserve on hand for a number...
