Finding the right financial advisor to help with your financial needs and goals can be a very complicated process. There are so many things to consider. Every financial advisor has their own area of expertise. The services provided by financial advisors will vary based on the type of advisor but, overall, a financial advisor will
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Alexi Rosenfeld | Getty Images A more generous child tax credit provided qualifying parents with up to $3,600 per child last year. There’s good news for families who missed out on some or all of those payments: It’s not too late to file for the money. But to use a simplified tool — GetCTC.org —
Kim Kardashian’s crypto settlement could be a lesson for us all. The reality TV superstar agreed to pay $1.26 million to settle charges with the Securities and Exchange Commission for failing to disclose she got paid to publish a post on Instagram about EthereumMax’s crypto asset, the agency announced Monday. “Clearly the SEC is making an
Catherine Mcqueen | Moment | Getty Images It’s easy to transfer cash when a charity pulls at your heartstrings. But other giving strategies may provide a bigger tax break, financial experts say. Despite economic uncertainty, nearly 70% of Americans plan to donate a similar amount to charity in 2022 as last year, according to a
Srdjanpav | E+ | Getty Images The tax-extension deadline is approaching on Oct. 17, and a record 19 million Americans filed for more time to manage their 2021 returns, according to the IRS. While unpaid tax balances for 2021 have racked up late payment penalties since April 18, filers with tax debt may have more
Shapecharge | E+ | Getty Images If you’re a higher-income Medicare beneficiary, you may be paying less in extra premium charges in 2023 than you were this year. So-called income-related adjustment amounts, or IRMAAs, which are based on your tax return from two years earlier, kick in next year at $97,000 for single tax filers
Source: Getty Images Retirement is a major goal many workers keep their eye on throughout their career. However, once people actually reach retirement age, they are often in store for some financial surprises — despite decades of preparation. For today’s retirees, that is compounded by new uncertainties brought by on by historically high inflation and
Leopatrizi | E+ | Getty Images As part of President Joe Biden’s historic student loan forgiveness plan, up to 8 million people could get automatic debt relief, according to the White House. Across the board, most people with federal student debt will be eligible for some forgiveness: up to $10,000 if they didn’t receive a Pell Grant,
Ridofranz | Istock | Getty Images It’s been a nerve-wracking year for investors. With ongoing stock market volatility, high inflation and interest rate hikes, many wonder if we’re heading for a prolonged economic downturn. “I think we have to be defensive,” said certified financial planner Ivory Johnson, founder of Delancey Wealth Management in Washington, D.C.
Avalon_studio | E+ | Getty Images HUNTINGTON BEACH, Calif. — There are four big trends impacting the economy and stock market right now, and uncertainty around each is creating challenges for investors, market experts and investment strategists said Monday at the Future Proof wealth conference. Those high-levels trends are inflation, the Federal Reserve’s interest-rate policy,
Daniel Trush was just 12 years old when a brain aneurysm rupture changed the course of his entire life. “I went into a coma, and I was in a coma for 30 days — and I was in the hospital and rehab for a total of 341 days,” said Daniel, who is now 38 and
london, uk Peter Muller | Image Source | Getty Images Few things cause more financial distress and anxiety than a large slug of high-interest rate credit card debt. Millions of Americans of all income levels carry large balances on credit cards that charge very high interest rates. According to Federal Reserve data, the average annual
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