[ad_1] Older Americans’ spending has been helped by a healthy increase in Social Security incomes, but this year’s boost will be much smaller. [ad_2] Source link
Tag: Personal Finance
Brokerage Firms Are Pitching Separately Managed Accounts. Here’s What to Know.
[ad_1] These personalized portfolios are increasingly being marketed to investors for their tax flexibility and upside potential. But beware of costs. [ad_2] Source link
Here’s When You Can Tap Your IRA or 401(k) Early Without Penalty
[ad_1] The Secure 2.0 Act codified a number of exemptions for retirement-account distributions before age 59½, including for natural disasters and terminal illness. [ad_2] Source link
Why the Strength of the Dollar Matters So Much for Stock Investors
[ad_1] As U.S. companies earn more from overseas, the greenback’s performance has an outsize impact on quarterly results—and often the stock market’s direction. [ad_2] Source link
How Much Is the Standard Deduction and Should I Take It on My Tax Return?
[ad_1] Listen to article (1 minute) When it comes to filing your taxes, one of the first big decisions to make is whether you will be taking the standard deduction…
Americans’ Required Retirement Income Has Never Been Higher
[ad_1] A surging stock market pushed many retirement account balances to new highs in the waning days of 2023. But for those already spending their retirement nest eggs, these higher…
Hedge Funds for the Masses Deliver Ho-Hum Returns—and Have High Costs
[ad_1] Research shows most alternative strategies perform no better than short or midterm bond funds and have returns that lag behind the stock market. [ad_2] Source link
What the 2024 Tax Brackets Mean for Your Money
[ad_1] Listen to article (1 minute) Your tax bill is largely determined by tax brackets. These are really just ranges of taxable income. As your taxable income moves up this…
How Often Should You Mess With Your 401(k)? More Than Before
[ad_1] Compulsively checking your 401(k) is seen by behavioral economists as the source of bad investment decisions. Right now, though, looking at your portfolio too seldom could equally lead to…