Personal Finance

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Latest Personal Finance News

7 Fixed-Income Investments for Retirees to Consider

As retirement gets closer, many investors focus more on protecting their money than growing it. Fixed-income investments can help by…

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LLC vs. Corporation: How to Decide for Your Business

Choosing between an LLC and a corporation can affect how you pay taxes, raise money, handle paperwork and manage your…

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How to Live Off of Dividend Income as a Retiree

Many retirees live off dividend income because dividends from strong companies can grow over time. While annuities and bond funds…

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Tax-Exempt Interest Income Examples

Certain investments, such as municipal bonds, can generate interest that is exempt from federal, and sometimes even state and local,…

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Is $2 Million Enough for a Couple to Retire?

Approaching retirement with $2 million in savings puts many couples in a strong financial position. But is $2 million enough…

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What Are Pre-Tax Benefits and Deductions?

When evaluating a job offer, salary isn’t the only factor to consider. Pre-tax benefits can have a big impact on…

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Do Retirees Need an Umbrella Insurance Policy?

Umbrella insurance serves as supplemental liability coverage that activates when your standard policies reach their limits. Retirees often find this…

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6 Tax Benefits of Having a Child: Credits and More

The IRS offers a number of tax benefits that support families. These opportunities can help you keep more of your…

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7 Things to Know About Social Security Survivor Benefits

Social Security is not just a benefits program for retired workers. It also provides essential support to nearly 5.8 million…

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Self-Employed vs. Business Owner: Tax Differences

While the terms “self-employed” and “business owner” are often used interchangeably, the IRS views them differently. Self-employed individuals typically work…

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