Nearly one in four Americans use their refund to cover everyday expenses. This can happen occasionally but if it is your regular pattern with your refunds, you may be fooling yourself into believing that you are saving.
Many years ago, "Felicity" and "Hugh" got married. It was a second marriage for each of them and they each had two adult children. Felicity had inherited a beautiful beach house in Truro down the Cape. It had been in her family for a couple of generations and the family spent every summer there.
A donor-advised fund can help you maximize your charitable deductions for the year. But did you know it also comes with additional tax benefits? Read on to learn more.
The first key retirement planning milestone is the year in which you attain age 50. That’s the year when you can bump up your retirement plan contributions. In 2021, the maximum contributions to 401(k)s and 403(b)s increases from $19,500 to $26,000 per year.
In 2019 the onset of COVID-19 has spurred a recession in America, which some are referring to as a "she-cession." Here's why some women may have been hit harder financially during 2020's economic downturn.
Wildfires in California last summer, record numbers of tropical storms, freak blizzards and the Texas freeze-out in February 2021: It sure seems like there are a lot more natural disasters and emergencies than there used to be. And there are. According to NOAA, a record number of billion-dollar disasters struck the U.S. in 2020, reflecting a longer-term trend.