Features
Latest
-
Is High-Yield Savings Account Interest Taxable?
Savings Accounts Think a high-yield savings account is a good idea? Don’t forget taxes on savings account interest.
By Katelyn Washington Last updated
-
What Is a 403(b) Retirement Plan?
Many teachers and other non-profit workers are offered 403(b) plans, rather than a 401(k). But what is a 403(b)?
By Seychelle Thomas Last updated
-
403(b) Contribution Limits for 2024: Good News for Teachers
retirement plans Teachers and nonprofit workers can contribute more to a 403(b) retirement plan in 2024 than they could in 2023.
By Jackie Stewart Last updated
-
SIMPLE IRA: What It Is and How It Works
A SIMPLE IRA allows self-employed and small business owners to contribute funds toward their employees' and their own retirement savings.
By Seychelle Thomas Last updated
-
Will the Election Impact the EV Tax Credit?
Tax Credits It’s no secret electric vehicles have become a bit of a political issue. But what does that mean for your EV tax break?
By Kate Schubel Last updated
-
Can a President Fix Inflation? Here's What Donald Trump Could Do
Inflation has been a thorn in the side of many presidential administrations, but can a president fix inflation? Here's what influence Harris or Trump could have in office.
By Charles Lewis Sizemore, CFA Last updated
-
5 Stocks to Buy for a Trump Presidency
Donald Trump has reclaimed the White House. These five stocks are set to benefit from a second Trump presidency.
By Will Ashworth Last updated
-
Lower Your Income So You Can Contribute to a Roth IRA
401(k)s If you're just above the income cutoff (MAGI) to qualify for Roth IRA contributions, these strategies will help you meet it and lower your taxes.
By Kimberly Lankford Last updated
-
The Average IRA Balance by Age
Knowing how your IRA balance compares to your peers could be the nudge you need to save more for retirement.
By Adam Shell Last updated
-
What's Wrong With Trump's Pledge to End Taxes on Social Security Benefits
Social Security Eliminating taxes on Social Security benefits could impact your finances. Here's what you need to know.
By Gabriella Cruz-Martínez Last updated
-
Trump Tariff Plan: Which States Would Be Hit the Hardest?
Tariffs Donald Trump's campaign proposal would substantially increase prices in as many as 20 states.
By Gabriella Cruz-Martínez Last updated
-
Project 2025 Tax Overhaul Blueprint: What You Need to Know
Election 2024 Some people wonder what Project 2025 is and what it suggests for taxes.
By Kelley R. Taylor Last updated
-
A Personal Journey Through Cryptocurrency's Ups and Downs
Cryptocurrency investing presents both big opportunities and significant risks.
By Stephen Nalley Published
-
Two Consequential Tax Cases You May Not Have Heard About
The Supreme Court's decisions in these cases create uncertainty about challenging IRS regulations and guidance. Expect more litigation to follow.
By John M. Goralka Published
-
SEP IRA vs. Solo 401(k): Which Is Better?
Two retirement plans, the solo 401(k) and SEP IRAs, allow small business owners and the self-employed to save up to $69,000 annually.
By Donna LeValley Last updated
-
Roth IRA Basics: 10 Things You Must Know
Financial Planning A Roth IRA can be a great way to save for retirement since the accounts have no required minimum distributions and you withdraw the money tax-free.
By Jackie Stewart Last updated
-
SIMPLE IRA Contribution limits are up $500 to $16,500 for 2025. A higher catch-up contribution limit applies for employees aged 60, 61, 62 and 63 in 2025.
simple IRA The SIMPLE IRA contribution limit increased by $500 for 2025. Workers at small businesses can contribute up to $16,500 or $20,000 if 50 or over and $21,750 if 60-63.
By Jackie Stewart Last updated
-
When Is the Next Fed Meeting?
The FOMC is expected to maintain a gradual pace of interest rate cuts at the next Fed meeting.
By Dan Burrows Last updated
-
SEP IRA Contribution Limits for 2024
SEP IRA A good option for small business owners, SEP IRAs allow individual annual contributions of as much as $69,000 in 2024 and $70,000 in 2025..
By Jackie Stewart Last updated
-
Five Changes Coming to IRAs and 401(k)s in 2025
The 2025 rule changes for Roth and traditional IRAs could mean more money for your retirement. But you have to pay attention to reap the rewards.
By Donna LeValley Last updated
-
Harris or Trump: Whose Tax Plans Are More Popular with Voters?
Election 2024 A new poll is shedding light on what voters think about election tax policy.
By Kelley R. Taylor Last updated
-
Six New Tax Credits in Harris' Economic Plan: What to Know
Election 2024 Democratic nominee, Vice President Kamala Harris has proposed several tax breaks.
By Kelley R. Taylor Last updated
-
Are You an Estate Planning Procrastinator? Where to Start
Quit putting it off, because it's vital for you and your heirs. From wills and trusts to executors and taxes, here are some essential points to keep in mind.
By Alex Diaz, MBA, CFP® Published
-
Write a Book in One Day and Become a Best-Selling Author!
If that sounds like a scam, that's because it is. Online publishing scams entice wannabe authors with big promises for a big price. How to protect yourself.
By H. Dennis Beaver, Esq. Published
-
Backdoor Roth IRAs: Good for Wealthy Retirees?
Financial Planning A backdoor Roth IRA is a tax loophole that enables wealthier individuals to earn tax-free income. But it's complicated, and how long will that back door remain open?
By David Rodeck Last updated
-
How to Open a Roth IRA in 5 Simple Steps
retirement Here's what you need to know in order to open a Roth IRA.
By Erin Bendig Last updated
-
Six Travel Mistakes to Avoid
No travel medical insurance? Unnecessary luggage and hotel fees? Here are the biggest travel mistakes people make and how you can avoid them.
By Daniel Bortz Last updated
-
Best High-Yield Savings Accounts
These are the top earning high-yield savings accounts available today.
By Erin Bendig Last updated
-
Traditional IRAs: Get Tax-Deferred Retirement Savings
A traditional IRA is a powerful way to save for retirement. If you don't have a 401(k) it can be especially helpful.
By Tom Taulli Last updated