Personal Finance

Whether you have a side hustle or you’re running your own business, you’re a week away from a major tax deadline. Individuals who pay their estimated taxes every quarter — including independent contractors and members of partnerships — are expected to make their fourth and final payment for 2019 on Jan. 15. The quarterly deadlines
0 Comments
 Hero Images | Getty Images New parents will have one new source to tap for money — their retirement savings. The Secure Act, which was passed by Congress in December, is ushering in some of the biggest changes to retirement savings since the Pension Protection Act of 2006. But experts warn that tapping your retirement
0 Comments
lovelyday12 | Getty Social Security benefits are helping to narrow the gap between the haves and have-nots who are approaching retirement. But they don’t go far enough. That’s according to new research from The New School Schwartz Center for Economic Policy Analysis in New York. The analysis took a look at one age group in
0 Comments
Prasert Krainukul If you think that Republicans and Democrats can’t see eye to eye these days, try sitting in a room with financial professionals who are for and against annuities. The inability to agree is real. And both sides hold steadfast to their positions. Annuities are insurance or investment contracts that give investors regular payments
0 Comments
Before moving all your assets from a traditional individual retirement account to a Roth version, you might want to consider leaving some behind. Yes, Roth IRAs grow tax-free, qualified withdrawals are untaxed and the accounts come with no lifetime required minimum distributions, or RMDs. However, traditional IRAs offer some potential tax benefits that disappear once
0 Comments
Many Americans hold multiple retirement accounts — and there are many reasons why they should consider combining those nest eggs instead of letting them gather dust. Around 25 million Americans left behind money in a 401(k) account when separating from an old job, according to the Government Accountability Office, which analyzed 10 years’ worth of
0 Comments