Advisors

Peter Cade | Getty Images As the holidays approach, philanthropic investors may be eyeing year-end gifts to their favorite charity. However, there are several options to consider with varying tax benefits, according to top advisors. Nearly 90% of wealthy families gave to charity in 2020, according to a study on philanthropy from Bank of America,

sturti | E+ | Getty Images It’s a great time to quit your job. Just make sure you have another one to go to. The latest data from the ADP Worker Vitality report found that the “Great Resignation” going on in today’s labor market is still paying off handsomely for those leaving their jobs for

Real estate talking to couple and showing contact – wearing protective face mask FG Trade | E+ | Getty Images Around five years ago, financial advisor Michael Bisaro started getting questions from some of his clients about bitcoin. “It was a murmur in the background,” said Bisaro, president of StraightLine Group, a firm in Troy,

milanvirijevic Are financial crises occurring more frequently? There were nearly four decades between the crash of 1929 and the bear market of 1968. Fast-forward to the 21st century — only 20 years passed between three financial crises: the 2001 dot-com crash, the 2008 global financial crisis and in 2020, the Covid-19 pandemic’s economic recession. What

Morsa Images | E+ | Getty Images After a year of double-digit stock market growth, investors may be looking to cash in some gains from brokerage accounts. And some filers may take profits without a tax bill, even with a six-figure income, experts say.  “A lot of people aren’t aware there’s a 0% tax rate

Investors worried about inflation should consider tilting their portfolios toward areas of the market that tend to do well when prices pick up, according to Gargi Pal Chaudhuri, head of iShares investment strategy, Americas at BlackRock. “So looking at commodity producers, looking at financials — more recently, looking at infrastructure — that has been an

Carlina Teteris | Moment | Getty Images Financial advisors are often lauded for their investment acumen. Frequently, their biggest value is in saving clients from their worst impulses. Indeed, top advisors on CNBC’s annual Financial Advisor 100 list have received ample requests for strange, risky or outright dumb investments during their careers — and, if

Maskot | Maskot | Getty Images It is easy to feel pessimistic — even apocalyptic — about the looming challenge of long-term care for the nearly 71 million baby boomers heading into their golden years. Consider a few numbers: There are currently 14 million people receiving some form of long-term care. That number will double

vitapix | E+ | Getty Images It can be tricky figuring out how much income your retirement savings actually could deliver in your golden years. That may now become easier. As mandated in the 2019 Secure Act, 401(k) plan administrators will start providing illustrations on quarterly or annual statements showing an estimate of how much

vgajic | E+ | Getty Images Women get paid less than men. In fact, it’s been well documented that, worldwide, women make only 77 cents for every dollar earned by men. Less well-known, and partially a result of that very pay gap, is the pension gulf between men and women. The gender gap in pensions

Anchiy | E+ | Getty Images Middle-class U.S. households have limited financial assets and may face retirement insecurity, according to an analysis from the National Institute on Retirement Security, a non-profit, non-partisan research and education organization. The study looked at financial assets by generation, net worth and race, based on data from the Federal Reserve’s Survey of Consumer

zimmytws | iStock | Getty Images  A Social Security reform bill popular with House Democrats is getting reintroduced in Congress. This time, it features some changes aimed at attracting more support from Republicans across the aisle. The bill, known as the Social Security 2100 Act, is being brought forward by Rep. John Larson, D-Conn., who