Retirement planning can be much more complicated than it first appears, and tax experts concur that this is a period when individuals should take extra care to consider all aspects of their finances before making decisions about things like when to start taking Social Security or how much money to withdraw from their 401(k).

Apr 10, 2024 12:32 AM EDT

In the whirlwind world of social media, TikTok has emerged as a powerhouse for bite-sized, viral content. Not just for dance challenges or cooking hacks, TikTok, affectionately dubbed 'FinTok' by the financially savvy, is revolutionizing the way Generation Z approaches money management.

Apr 09, 2024 02:55 PM EDT

Buying a second home may be an exciting notion for many, whether it is intended as a future retirement house, investment property, or holiday retreat. But for many would-be purchasers, the down payment often needed to acquire their ideal home might be a significant obstacle that keeps them from proceeding.

Apr 09, 2024 12:50 PM EDT

The French nuclear fuels business Orano and Canadian uranium miner Denison Mines Corp. announced in late January that they will reopen a uranium mine that has been inactive since 2008.

Apr 09, 2024 11:20 AM EDT

Do you make purchases using Apple Pay or any other mobile payment service? If this is the case, you could be spending more than you would if you used cash or a real credit card.

Apr 09, 2024 07:36 AM EDT

Amazon makes returning items so simple that some customers are abusing the rules and defrauding vendors.

Apr 09, 2024 07:05 AM EDT

In an era where the pulse of the economy is closely monitored, the latest reports from the Bureau of Labor Statistics have given us something to sing about. With a whopping 303,000 jobs added in March-the most significant gain in over a year-and the unemployment rate dipping to 3.8%, it's clear that the U.S. job market is not just rebounding; it's thriving.

Apr 08, 2024 02:25 PM EDT

The announcement of a new plan aiming to erase up to $20,000 in interest for countless borrowers has set the stage for what could be a significant shift in the financial futures of many. This move, part of Biden's broader strategy to tackle the student debt crisis, promises to "cancel runaway interest" on loans, potentially benefiting up to 25 million individuals.

Apr 08, 2024 01:28 PM EDT

The cost of installing energy-efficient home modifications can be assisted by the federal government as well as several state governments.

Apr 08, 2024 11:40 AM EDT

Should you be fortunate enough to have access to a 401(k) via your employment, you must decide whether to deposit funds into an IRA, your workplace plan, or both. There are benefits to dividing your funds throughout many accounts, since each one has advantages and disadvantages.

Apr 08, 2024 10:56 AM EDT

It's important to cancel credit cards carefully because doing so might lower your credit score. Verify the reasons, consider your alternatives, do your math, and select the appropriate option to cancel.

Apr 08, 2024 09:38 AM EDT

If you have credit card debt or are borrowing money in any other way, you may find it difficult to cope with the exorbitant interest rates of today. On the other hand, the current high interest rate environment benefits you if your goal is to save money since it allows you to earn a higher return on your idle capital. And one very attractive option to do it is with a high-yield savings account.

Apr 06, 2024 09:40 AM EDT