Personal Finance
Latest Personal Finance News
5 Investments to Consider Midway to Retirement
Being midway to retirement means you may still have years of earnings ahead. However, the margin for error is smaller…
5 Investments to Consider 10 Years Before Retirement
At 10 years before retirement, investment priorities often begin to shift. The focus typically moves from maximizing growth to protecting…
How Much Monthly Income Could a $400,000 Annuity Provide?
Imagine turning a single $400,000 investment into a steady monthly paycheck that lasts the rest of your life. For many…
What Happens to Your IRA When You Die? Beneficiary Rules and Taxes
An individual retirement account (IRA) can be a significant estate asset. How the account is handled depends on whether a…
How to Lower Your Tax Bracket: 5 Strategies
Landing in a higher tax bracket can feel like a penalty for earning more, but it doesn’t have to be…
Tax Implications of Co-Signing a Mortgage: Rules and Tips
Co-signing a mortgage can affect your taxes in several ways, depending on the loan’s structure and the property’s use. In…
Can I Retire at 60 With $1 Million? Income, Expenses and Example
Retiring at 60 with $1 million is possible for some people, but the outcome depends on how long the money…
Who Is Exempt From Paying Taxes on Lottery Winnings
Winning the lottery can create instant wealth, but it also introduces immediate tax considerations. U.S. tax law generally treats lottery…
Who Pays Taxes on a Custodial Account
Custodial accounts are a common way for parents and grandparents to save or invest on behalf of a minor, but…
I’m 50 With $875k in My 401(k) and $5,000 in Monthly Expenses. When’s the Soonest I Can Retire?
Whether you’re making a budget or planning your retirement date, it typically comes down to the same basic math: how…
