Wealth

The Good Brigade | DigitalVision | Getty Images After a two-year hiatus on automated collection notices, the IRS said it will soon resume sending such letters — and experts have tips if you receive one.  In February 2022, the agency suspended automated collection notices to devote resources to its backlog of unprocessed correspondence and returns.

Almost half, 43%, of unmarried American adults want to get married in the future, according to a 2022 Harris Poll survey. But only 28% said they want to have a child. This trend has contributed to the growth of a household configuration popularly referred to as DINKs: “dual income, no kids.” “This idea and household

Mark Cuban is no fan of jargon — and the billionaire is far from alone. It may be tempting to try slipping in a more complicated word when you want to impress someone, like your boss or a potential employer. But using jargon words when you could opt for something simple and clear instead, typically

Klaus Vedfelt | Digitalvision | Getty Images As the new year approaches, building wealth is a top priority for “hardworking” middle-class Americans, according to a new survey from investing app Stash. Despite political and social issues, money was the No. 1 concern for most respondents, who were polled during the first two weeks in October

Scott Olson | Getty The Powerball jackpot has jumped to an estimated $543 million without a winner from Saturday night’s drawing. It’s the fourth Powerball jackpot to rise above half a billion dollars in 2023, and there are two grand prize options: a lump sum payout of $272.2 million or an annuitized payout of $543

Maliha Fairooz said her first memory of traveling was from Bangladesh to London when she was four years old.  “Most kids, when they’re on an airplane, they’re crying and throwing tantrums,” she said. “But not me — I was so excited. I remember flying through the clouds, looking down at the sky and thinking ‘I’m

Rows of twinkling lights and the sweet aroma of mulled wine — ’tis the season that Christmas markets come alive. But if visiting one Christmas market isn’t enough, a new cruise explores 20 markets in a single trip. Luxury river cruising company European Waterways’ new “Christmas Markets Cruise” departs from Strasbourg, France and sails through

FG Trade A growing number of mutual funds are converting to exchange-traded funds, which is a positive trend for investors, experts say. Since early 2021, there have been more than 70 mutual fund to ETF conversions, including nearly three dozen in 2023, according to Morningstar Direct, and experts say more conversions are coming. “It’s steadily

Shohei Ohtani, formerly of the Los Angeles Angels, pitches during a game in Anaheim, California, on July 6, 2021. Daniel Shirey | Major League Baseball | Getty Images Shohei Ohtani made history this week with a 10-year, $700 million contract to play for Major League Baseball’s Los Angeles Dodgers. The deal’s unique payout structure, however,

NASHVILLE, Tenn. — As Tennessee leads many states in financial literacy in public high schools, Junior Achievement of Middle Tennessee aims to boost those lessons through career, entrepreneurship and personal finance programs. Speaking to high school students in December at Junior Achievement’s Finance Park program in Nashville, CNBC’s senior personal finance correspondent Sharon Epperson shared

Westend61 | Westend61 | Getty Images If the current stock market rally added profits to your portfolio, a lesser-known strategy could help rebalance your assets or reduce future taxes. The strategy, known as tax-gain harvesting, allows you to leverage lower earning years by strategically selling profitable brokerage account assets. “Tax gain harvesting is like a

Only 41% of investors with more than $1 million have a plan for passing on their wealth to future generations, UBS says. kate_sept2004 via Getty Images As retirees consider their legacy, a popular income tax-saving strategy has become more common, experts say. The strategy, known as a Roth individual retirement account conversion, transfers pretax or nondeductible