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Stop focusing on the big, scary numbers As retirement risks go, it’s one of the more impossible to manage and mitigate. Or is it? For years now, firms in the financial services industry, as well as researchers, have been scaring preretirees into thinking they need an ungodly amount of money set aside at age 65…
Our next market downturn could happen soon. Gear up for it before it’s too late. It’s been a volatile couple of weeks in the stock market, and while that’s technically nothing unusual, it’s also reason enough to make many investors uneasy. In fact, given the backdrop we’re looking at — a raging pandemic, a sluggish…
What should I look for in an investment firm? Do you know what to look for in an investment firm? When you have money to invest, it may be wise to do some research before handing it over to just any investment service. Do you have questions for Gregory? Press the ASK GREGORY below and…
‘Bitcoin uses more electricity per transaction than any other method known to mankind,’ Gates said Watch the latest video at foxbusiness.com While a surge of interests from forward-looking investors pushed the price of a single bitcoin beyond $57,000 as of Thursday, billionaire Bill Gates has concerns about the process required to produce the digital currency.…
If you received unemployment benefits in 2020 and you’ve already filed your tax returns, the Internal Revenue Service is saying you don’t have to file an amended return to claim the new tax waiver on up to $10,200 of your benefit payments. President Joe Biden signed the $1.9 trillion American Rescue Plan Act last Thursday, which…
After saving decades for their golden years, it turns out that retirement isn’t at all what people expected, according to a recent survey, with seniors wrestling with spending worries, forced retirement, and an identity crisis. “We expect retirement is going to be one thing and then when you actually get into retirement, as your priorities…
President Joe Biden is planning the first major federal tax hike since 1993 to help pay for the long-term economic program designed as a follow-up to his pandemic-relief bill, according to people familiar with the matter. Unlike the $1.9 trillion Covid-19 stimulus act, the next initiative, which is expected to be even bigger, won’t rely…
Most officials expect to hold rates near zero through 2023, while also expecting recovery to gain steam WASHINGTON—The Federal Reserve kept its easy-money policies in place and vowed to maintain them until the U.S. economy recovers further from the effects of the coronavirus pandemic, while also highlighting the brightening outlook for growth. “Following a moderation in the pace of…
The Internal Revenue Service is planning to delay the April 15 tax filing deadline by about one month, giving taxpayers additional time to file returns and pay any outstanding levies, according to three people familiar with the discussions. The IRS is still figuring out what the final deadline will be. The agency is considering setting…
How can I restore my credit after a tough divorce? Gregory gives a caller tips on how to restore his credit after a rough divorce. Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY We’re Here to Help Have questions about this week’s content,…
KEY POINTS President Joe Biden signed the American Rescue Plan Act of 2021 on Thursday. The $1.9 trillion Covid relief bill gives a federal tax break on up to $10,200 of unemployment benefits. The IRS told Americans to wait to file an amended tax return if they received unemployment benefits in 2020 and already filed…
