Personal finance

U.S. Vice President Kamala Harris in Milwaukee, Wisconsin, U.S. August 20, 2024 and former U.S. President Donald Trump in Bedminster, New Jersey, U.S., August 15, 2024 are seen in a combination of file photographs.  Marco Bello | Jeenah Moon | Reuters As the election ramps up, many investors are focused on capital gains taxes and

Raising kids is expensive. Of course, many believe that the rewards far outweigh the financial cost. However, others are opting for a life without children, largely because of affordability constraints. Now, nearly a quarter, or 23%, of millennials and Generation Z without children do not plan to become parents, primarily due to financial reasons, according

Photo By Rafa Elias | Moment | Getty Images The IRS is still working on plans to avoid increased audits on taxpayers making less than $400,000 — but certain particulars of your tax return can invite scrutiny, regardless of income level, experts say. The Treasury Inspector General for Tax Administration, or TIGTA, last week reported

U.S. President Joe Biden speaks as he announces a new plan for federal student loan relief during a visit to Madison Area Technical College Truax Campus, in Madison, Wisconsin, U.S, April 8, 2024.  Kevin Lamarque | Reuters Earlier this summer, millions of federal student loan borrowers got a promising email. The Biden administration informed them that debt forgiveness

With the presidential election approaching, experts are sounding alarms about the upcoming expiration of the 2017 Tax Cuts and Jobs Act, or TCJA. Without action from Congress, trillions in tax breaks enacted by former President Donald Trump via the TCJA will expire after 2025. The outcome of the 2024 election will determine which political party

George Kinder Kinder Institute George Kinder wants everyone to be free. At first blush, that concept of personal fulfillment or enlightenment may seem better suited to the realms of religion or spirituality than personal finance. But Kinder, who’s recognized as the father of the “life planning” branch of financial advice, has preached the interconnection of

Carol Yepes | Moment | Getty Images In Stacey D’Erasmo’s new book, “The Long Run,” she interviews artists who are late in their careers. There’s dancer and performer Valda Setterfield, who performed through her 80s despite serious injuries from a car accident in her 40s. There’s writer Samuel Delany, now 82, who has published more

Democratic presidential candidate Vice President Kamala Harris arrives at Portsmouth International Airport in Portsmouth, New Hampshire, Sept. 4, 2024. Joseph Prezioso | AFP | Getty Images Vice President Kamala Harris is calling for a higher capital gains tax rate, and financial advisors have tips for top earners who could be affected. The Democratic presidential nominee

Coupons have come a long way from Sunday circulars. And for consumers stretching to make ends meet, they are as indispensable as ever. Now, with online codes, browser extensions and money-saving apps, there are more ways to find significant discounts at any time — but how good the deals are still depends on the day.

Thomas Barwick You’d think earning more would make it easier to boost retirement savings. But high earners may find it tricky to access tax breaks in individual retirement accounts. U.S. tax law imposes income limits on breaks related to certain tax-preferred accounts like Roth and traditional (i.e., pretax) IRAs. Those rules may pose a challenge

College still pays off, but the return on investment largely depends on your choice of major. College graduates earn 37% more than those with only a high school diploma, according to a new report by Payscale. But as the cost of a degree rises, it is increasingly important to consider both your area of concentration and future earnings

Democratic presidential candidate US Vice President Kamala Harris speaks at a campaign rally at Enmarket Arena during a two-day campaign bus tour in Savannah, Georgia, on August 29, 2024. Saul Loeb | AFP | Getty Images As Vice President Kamala Harris outlines her economic agenda, the Democratic presidential nominee has called for higher taxes on