Advisors

Marko Geber | DigitalVision | Getty Images In times of uncertainty — turbulent markets, high inflation, geopolitical turmoil — we often write about what financial advisors are recommending to clients. This advice often boils down to “stay calm” and “don’t let short-term news lead to impulsive moves that have long-term consequences.” Many advisors also offer

At an individual level, sometimes a trade school makes the most sense for your or your children’s financial future. Tom Werner | Digitalvision | Getty Images While my parents never had the opportunity to attend college, they were indeed very successful. Their success afforded me the opportunity to pursue higher education, but ironically, I doubt

Investors have recently witnessed some of the worst trading days since 2020. Stocks took a dive in September over fears the Federal Reserve’s aggressive rate hike cycle will cause the economy to stall, but with more hikes to come, along with slowing growth, geopolitical unrest and persistent inflationary pressure, this could be a prolonged period

fitzkes / Getty If you’re looking to meet the Oct. 17 tax extension deadline, make sure you don’t skip key forms as you’re rushing to the finish line, experts say. It’s critical to file a complete and accurate return to avoid processing delays, according to the IRS, including details from all the necessary forms. Furthermore,

Finding the right financial advisor to help with your financial needs and goals can be a very complicated process. There are so many things to consider. Every financial advisor has their own area of expertise. The services provided by financial advisors will vary based on the type of advisor but, overall, a financial advisor will

Alexi Rosenfeld | Getty Images A more generous child tax credit provided qualifying parents with up to $3,600 per child last year. There’s good news for families who missed out on some or all of those payments: It’s not too late to file for the money. But to use a simplified tool — GetCTC.org —

Ridofranz | Istock | Getty Images It’s been a nerve-wracking year for investors. With ongoing stock market volatility, high inflation and interest rate hikes, many wonder if we’re heading for a prolonged economic downturn.   “I think we have to be defensive,” said certified financial planner Ivory Johnson, founder of Delancey Wealth Management in Washington, D.C.

Shapecharge | E+ | Getty Images If you’re a higher-income Medicare beneficiary, you may be paying less in extra premium charges in 2023 than you were this year. So-called income-related adjustment amounts, or IRMAAs, which are based on your tax return from two years earlier, kick in next year at $97,000 for single tax filers

Catherine Mcqueen | Moment | Getty Images It’s easy to transfer cash when a charity pulls at your heartstrings. But other giving strategies may provide a bigger tax break, financial experts say. Despite economic uncertainty, nearly 70% of Americans plan to donate a similar amount to charity in 2022 as last year, according to a

Srdjanpav | E+ | Getty Images The tax-extension deadline is approaching on Oct. 17, and a record 19 million Americans filed for more time to manage their 2021 returns, according to the IRS.  While unpaid tax balances for 2021 have racked up late payment penalties since April 18, filers with tax debt may have more

Source: Getty Images Retirement is a major goal many workers keep their eye on throughout their career. However, once people actually reach retirement age, they are often in store for some financial surprises — despite decades of preparation. For today’s retirees, that is compounded by new uncertainties brought by on by historically high inflation and

Leopatrizi | E+ | Getty Images As part of President Joe Biden’s historic student loan forgiveness plan, up to 8 million people could get automatic debt relief, according to the White House. Across the board, most people with federal student debt will be eligible for some forgiveness: up to $10,000 if they didn’t receive a Pell Grant,