The heat is on. With the April 15 deadline less than three weeks away, taxpayers have filed just over half of the 150 million returns expected this year. Read the rest of the story.
When you reflect on the painful topic of your worst investing mistakes, what comes to mind? Do you think of a bad stock you held for too long? Read the rest of the story.
Admit it. You’re afraid of your Form 1040 or any other tax forms. That’s OK. A lot of us are. And our tax fears, sometimes irrational, sometimes warranted, cause us to do a lot of dumb things when it comes to our annual returns. Read the rest of the story.
The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months. Read the rest of the story.
As inveterate watchers of sitcom reruns (and a real-life Felix/Oscar combination), my sister and I loved The Odd Couple while we were growing up. One of our favorite episodes featured a courtroom sequence in which Felix (Tony Randall) berates a witness to “never assume,” and proceeds to use the chalkboard ...
Tax myths are a lot like a bad date. They are annoying and seem to last forever. Yet people have beliefs about income taxes that have no basis in reality. Read the rest of the story.
Do you think today’s 50-year-olds can count on getting their Social Security benefits when they retire? Read the rest of the story.
The latest reading on how much we’re saving for retirement shows the average 401K plan is at a record high– $91,300 at the end of 2014. Read the rest of the story.
The financial planning profession is rapidly expanding in many directions. The complexities of managing one’s money in the modern marketplace have led to a mushrooming demand for financial education and advice that shows no sign of slowing, and many consumers look for the CFP® designation when they choose their advisor. ...
Sometimes, the inability to maximize value is found in the fine print. Read the rest of the story.
You can enroll three months before your 65th birthday. But if you’re still working, you may want to wait. Read the rest of the story.
Retirement is a major life transition that requires changes to your income and lifestyle. Here are the final preparations you should be making if you plan to retire in 2015. Read the rest of the story.
Intuitively, it may seem to make sense that using economic analysis in investing will lead to better results. Read the rest of the story.
Vacation can be expensive. So is having a baby. Therefore, having a baby while on vacation is unlikely to be a cheap adventure. Read the rest of the story.
For people looking at retirement in the next five years, it’s the perfect time to make sure things are in order. Read the rest of the story.
I am maxing out my 401(k). I understand there’s a new way to make after-tax contributions to a Roth IRA. How does that work? Read the rest of the story.
More than 50 popular tax provisions expired at the end of 2013. Without legislative action, businesses won’t get a credit for research activities or be able to immediately deduct one-half of the cost of new business equipment. Individuals would lose benefits like the ability to deduct tuition and state and ...
Most people heading into retirement inevitably make some sort of real estate decision—whether they downsize, relocate to a different community or make renovations to an existing home that makes the place more accessible to live in as they get older. Read the rest of the story.
The choice of when and how to claim Social Security benefits can affect the three biggest financial risks that retirees encounter: longevity, inflation and markets. Read the rest of the story.
Most of us would love to be able to leave a nice inheritance to our spouse, kids, grandkids or other loved ones. Read the rest of the story.