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...
The federal tax filing season will run from Jan. 24 to April 18 this year, the Internal Revenue Service said on Monday, warning in its announcement that staffing shortages and paperwork backlogs could make for a messy and frustrating experience...
While the pandemic and its economic repercussions have (rightly) dominated the news for nearly two years, they have obscured some dramatic and longer-lasting changes that have been rolled out for 401(k) investors. The Setting Every Community Up for Retirement Enhancement...
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...
American Century, Vanguard among those passing on more than 20% of a fund through capital-gains distributions Amid the holiday cards coming in the mail and inboxes this season is a potentially not-so-nice greeting for some mutual-fund investors: capital-gains distributions. It’s...
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...
Charitable giving during the holiday season this year takes on a new, happier meaning when it comes to tax deductions. Typically, most people aren't able to get a tax break when they donate money to a charity if they're claiming...
Hundreds of thousands of homeowners could soon lose or sell their homes as Covid-related mortgage bailout programs expire. There are not a lot of options for borrowers who lost too much income or their businesses during the pandemic, although they...
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...
After being plagued by supply chain delays for the better part of a year and a half, officials at California ports have reversed course on fines for cargo containers left at docks for extended periods, citing an easing of the...
Congressional scorekeepers update data on Democrats’ bill Tax results for rich depend on income level, how they earn it For millionaires trying to decipher if they will pay more or less in taxes under President Joe Biden’s Build Back Better...
