At its September 22nd meeting, the Fed announced it will hold the federal funds rate at its target range of 0% to 0.25%. But it also signaled rate hikes beginning in 2022 with perhaps three more in 2023.
As parents age, there’s a need to ensure they are on solid financial footing. It’s also important to know what resources you might expect to inherit someday for your own planning purposes. CLICK ON THE HEADLINE FOR MORE
There are ways to save on your taxes through life’s transitions. Here are 12 tax tips to help you save through major life events. CLICK ON THE HEADLINE FOR MORE
It’s unlikely that lawmakers will decide to let those collecting jobless benefits in 2021 forego paying taxes. Anyone receiving those benefits now should plan to pay the IRS a portion of that money. CLICK ON THE HEADLINE FOR MORE
Economists agree that inflation may rise up to 5.5% at the end of 2021 but are still uncertain what levels it will reach by 2022 and what policies the Federal Reserve Bank will take. CLICK ON THE HEADLINE FOR MORE
The CARES Act includes provisions for things like retirement savings and charitable giving, and this Spring could be a good time to review your portfolio. CLICK ON THE HEADLINE FOR MORE
Extemded unemployment benefits provided much-needed relief to 40 million people in 2020, But Americans could be facing hefty tax bills in April if they didn’t realize unemployment benefits are taxable by the federal government and by some states. CLICK ON THE HEADLINE FOR MORE
While there’s a lot of good financial advice that could be beneficial to someone trying to save money, there’s also some really bad guidance being given. The Reddit community was recently ask “What’s the worst piece of financial advice somebody has given you?” The responses were downright concerning. CLICK ON THE HEADLINE FOR THE BEST ONES
Smply making a resolution doesn’t mean you’ll be able to keep it. Only about 40% of people who make resolutions are still on track to meet their goals by June. To find out why it’s so hard to keep a New Year’s Resolution—and five ways to make a financial goal you can actually achieve, CLICK ON THE HEADLINE
Kids can not only learn a little something about finances but also enjoy themselves playing board games. Not only about entertainment, the games can teach important money lessons too. CLICK ON THE HEADLINE FOR MORE