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Do Small Business Owners Need Financial Advisors?
If you’re one of the 16 million Americans that are self-employed, you face a challenge that other workers don’t. You don’t have a company that offers retirement savings and you’ll likely have to create your own plan. Investopedia discusses the most important factors to consider when selecting a financial advisor that can help you create…
Read MoreFive Big Tax Breaks at Work
If you discovered that you owe federal income taxes while preparing your 2021 tax returns, then you’re not alone. Your employer benefits program may be able to help you reduce your taxable income. According to Kiplinger, these are five tax-reducing options that your company may offer. Enjoy this complimentary download: By submitting your contact…
Read MoreStruggling? Here are 5 things you can do to fortify your finances.
Cost of living is up, income is down—a few adjustments here and there can potentially help boost your bank account. For most Americans, 2021 brought much financial strain. Household debt and cost of living increased, while median household income decreased. In this article by MarketWatch, discover five small things you can do to help take back…
Read MorePODCAST 73: The Greatest Financial Quotes of All Time
Get your complimentary guide to go with this episode: The Changing Story of Retirement:
Read MoreMarket is unprepared for the inflation fallout, Wharton’s Jeremy Siegel warns
Wall Street may be on the verge of an uncharacteristically painful quarter. Wharton finance professor Jeremy Siegel, who’s known for his positive market forecasts, is sounding the alarm on the market’s ability to cope with inflation. “We’re headed for some trouble ahead,” he told CNBC’s “Trading Nation” on Friday. “Inflation, in general, is going to…
Read MoreDirect indexing is the hot new investing strategy. What you need to know
KEY POINTS Direct indexing, which allows investors to buy the stocks of an index, instead of purchasing a mutual or exchange-traded fund, may soon become more widely available. This strategy may appeal to those seeking portfolio customization or tax-saving opportunities. However, the technique won’t work for all investors, financial experts say. Direct indexing, which allows…
Read MoreSocial Security cost-of-living adjustment for 2022 could be higher based on rising consumer prices
KEY POINTS Rising consumer costs like gasoline and car prices are helping to push the estimate for next year’s Social Security cost-of-living adjustment higher. The size of any bump retirees and other beneficiaries may see depends on four more months of data. How the Federal Reserve decides to handle interest rates will also have an…
Read MoreAmericans’ No. 1 financial regret is lack of emergency savings
Record number of US adults hold 1 financial regret since onset of COVID-19 More than three-quarters of Americans say they had one financial regret since the beginning of the COVID-19 pandemic, according to new data. Eighty-one percent of Americans admitted they had a financial regret, according to a survey by personal finance website Bankrate.com. And…
Read MoreA Roth IRA could help you buy a home. Here’s what to know
KEY POINTS Up to $10,000 in Roth IRA earnings can be withdrawn — free of both taxes and penalty — for a home purchase if you meet certain requirements. You also can withdraw your direct contributions at any time, because you already paid taxes on that money. The strategy may not be appropriate for all…
Read MoreWarren Buffett’s 25 best quotes about business, investing, and life
Need some advice? Legendary investor and CEO of Berkshire Hathaway (BRK-A, BRK-B) Warren Buffett has plenty to share. Through his letters, essays, op-eds and TV appearances, Buffett dispenses folksy, funny, plainspoken advice on investing, management, life, happiness, and everything in between. On Saturday May 1, Buffett and his longtime business partner Charlie Munger will share more…
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