Of all the intriguing things about the home Dan Howson and Bo Bean share, the front door gets the most compliments. The door — white with a round knob and…
GoFundMe estimates that an American has started a COVID-related fundraiser on its site every two minutes since March 2020. But donors shouldn't assume their contributions are tax-deductible.
What’s your relationship with money? Maybe your personal finances are like a distant cousin you barely think about — or an unsettling stranger you avoid. Or perhaps money feels like…
Are you at risk of becoming one of them?
Retiring a millionaire may be within reach.
Why it's possible to get out-of-this-world returns by investing in ETFs.
Get the most out of your Social Security payments by doing these two things.
Is cryptocurrency a smart choice for you? Here's how to decide.
This one investment could help you earn more than you may think.
If you haven't saved as much as you would've liked for retirement, Social Security could bail you out.
Montana will soon stop paying federal pandemic unemployment benefits to its residents, opting instead to provide $1,200 return-to-work bonuses. It is the first state to end participation in the historic federal expansion of jobless benefits, which Congress enacted last spring…
Credit unions, credit counseling and even credit cards helped — but so did their resolve to ask questions and put in the hard work.
When you’re running low on cash and can’t afford your rent, you can feel uncertain about what to do. One solution to consider is a personal loan for rent. It can provide you with quick access to the cash you need to keep the roof over your head. However, this short-term fix might not be […]
Caring for an elderly relative can be rewarding, but incredibly difficult – as well as expensive. However, it may be possible to recoup some of the costs through income tax savings.
There are two general approaches to tax savings on elder care costs – taking medical deductions that can be itemized and claiming a dependent care credit that can be subtracted directly from the taxes you owe.
First, you must determine if your elderly relative qualifies as a dependent. Full details are listed in IRS Publication 501, "Dependents, Standard Deduction, and Filing Information," but the primary criteria are that they must be a relative, you must be providing over half of their support, and their gross 2020 income must be less than $4,300.
The definition of relatives includes stepparents and in-laws. They do not...
President Joe Biden campaigned on a promise not to raise taxes on middle-class Americans. But a little-known provision in his big social programs bill could do just that. Tucked away in the American Families Plan, is a proposal to change the way capital gains taxes are paid on estates when people pass away. This seemingly […]
Take your retirement planning and savings to the next level with these tips.
You hit a lot of milestone birthdays when you’re young. There’s your first birthday, of course, and also the one where you turn 10 (finally, double digits!). At 13, you’re…
They can be a great investment, but it depends on three factors.
The pandemic has shaken up life as we know it—and it’s hurting young Americans’ plans to go to college. The 2021 Junior Achievement Teens and Personal Finance survey, which gauges how teens are thinking about their financial futures, found that one-fourth of class of 2020 high school graduates were delaying their plans to attend college […]
With the roll-out of Covid-19 vaccines, grandparents will again be able to travel with their grandchildren. These multi-generational trips offer bonding and quality time together. When planning a trip with grandchildren, pre-planning and buying travel insurance can be smart moves, especially if you’re planning to travel outside the U.S. Proper Paperwork Having proper paperwork on […]
When your greed trumps your investment plan, you could lose big.
Stock market downturns can be daunting. Here's what you need to do to prepare.
These two businesses are perfect for any long-term oriented investor.
You're in for a benefits cut if you claim Social Security at 65.