Retirement account do-overs are a rarity, but transitioning from a traditional IRA to a Roth IRA is feasible. Be mindful of taxes, as the allure of tax-free withdrawals in retirement […]
What taxes are due on a Roth IRA conversion? Read More »
Amy Arnott recently shared her biggest financial mistakes, highlighting a common theme of neglecting financial tasks due to busyness or finding them boring. If you have similar tasks on your
4 Financial Tasks You Shouldn’t Put Off Read More »
Women face unique financial challenges, from the gender pay gap to career interruptions for caregiving, which can impact retirement savings and Social Security benefits. However, with the right tools and
Women need different financial plans – Here are 4 key steps to take Read More »
Kavita Fischer’s fortune took a surprising turn when a $750 investment led to a remarkable $500,000 winning streak in just six days last summer. Despite her background as a mental-health
A Psychiatrist Tried to Quit Gambling. Betting Apps Kept Her Hooked. Read More »
While retirement experts advocate waiting until age 70 to initiate Social Security benefits, a mere 10% of non-retired workers plan to heed this advice, as revealed by the Schroders 2023
The IRS is introducing the Direct File pilot program, a new initiative allowing Americans to file their tax returns for free without relying on third-party services such as TurboTax or
IRS Tax Move Will Save Money For Millions of Americans — Check if You’re Eligible Read More »
When funds are low, these strategies can help you bounce back quickly. With inflation rising, many find themselves with an overdrawn bank account, late rent, and two weeks until payday.
8 Smart Things to Do When You’re Broke Read More »
Americans can start receiving Social Security benefits as early as age 62, but should they? Ben Shapiro argues it’s “insane” that the U.S. hasn’t raised the official retirement age, pointing
Americans have an eight-year window to claim Social Security benefits, starting at age 62 and ending at 70. Deciding when to claim involves weighing the pros and cons: claiming early
Pros and Cons of Waiting Until 70 to Claim Social Security Read More »
BlackRock CEO Larry Fink, like Warren Buffett, offers valuable financial wisdom. In his 2024 letter to shareholders, Fink shared a personal story about managing his late parents’ finances, revealing that