Lexington Partners Collects Nearly $23 Billion for Secondhand Private-Equity Stakes

[ad_1] Updated Jan. 9, 2024 2:15 pm ET|WSJ Pro Lexington Partners, one of the oldest investors in secondhand private-equity assets, has raised $22.7 billion for its latest fundraising effort. The…

What the 2024 Capital-Gains Tax Brackets Mean for Your Investments

[ad_1] Listen to article (1 minute) Investment income is treated differently from wages by the tax code. There is a separate set of tax brackets and rates for long-term capital…

Can Retirees Keep Splurging? Don’t Count on It

[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

Here’s What It’s Like to Retire on Almost Nothing but Social Security

[ad_1] Listen to article (2 minutes) Many Americans reach retirement with almost no savings. No 401(k). Few investments. And almost no income aside from a monthly Social Security check. Roughly…

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

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…

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…

To Lower Your Taxes in 2024, Make These Moves Now

[ad_1] A new tax year is a great time to make smart tax moves and avoid dumb ones.  This difference matters a lot because taxes are often the largest factor…

Oklahoma Finds It Hard to Break Up With JPMorgan and BlackRock

[ad_1] Cutting ties with the largest U.S. banks and asset managers is easier said than done.  In Oklahoma, where a new law requires the state to stop doing business with…

Shohei Ohtani’s Dodgers Contract Features Jerome Powell as MVP  

[ad_1] At first glance, it seems like financial magic: The Los Angeles Dodgers have somehow figured out a way to pay the two-way superstar Shohei Ohtani $700 million, while also…