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Personal saving

The Fed could pull off a soft landing, here’s what that means for you

by Adrian Jhonsan
The Fed could pull off a soft landing, here’s what that means for you

The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week after recent signs the economy is in fairly good shape …

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IRS rejects 20,000 tax refund claims for employee retention credit

by Adrian Jhonsan
IRS rejects 20,000 tax refund claims for employee retention credit

IRS Commissioner Daniel Werfel speaks during an IRS event on August 2, 2023 in McLean, Virginia. Alex Wong | Getty Images The IRS is sending more than 20,000 rejection letters …

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Saving and investing as inflation falls

by Adrian Jhonsan
Saving and investing as inflation falls

Alistair Berg | Digitalvision | Getty Images For years, interest rates were low, inflation was steady and both financial markets and economic conditions were relatively stable. Then the Covid-19 pandemic …

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Supreme Court case on ‘income’ could have major implications for taxpayers

by Adrian Jhonsan
Supreme Court case on ‘income’ could have major implications for taxpayers

People exit the Supreme Court building in Washington, D.C. on Tuesday, June 27, 2023. Minh Connors | The Washington Post | Getty Images The Supreme Court is set to hear …

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Money market funds may deliver a surprise tax bill amid higher yields

by Adrian Jhonsan
Money market funds may deliver a surprise tax bill amid higher yields

If you funneled cash into money market mutual funds in 2023 amid rising interest rates, you may have a surprise tax bill in April, experts say. Investors and institutions have …

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Not saving in your 401(k)? Your employer may re-enroll you

by Adrian Jhonsan
Not saving in your 401(k)? Your employer may re-enroll you

A modern office space with a variety of plants on display and some employees working together at computer desks. Tom Werner | Digitalvision | Getty Images If you elected not …

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Why Tennessee requires personal finance in high school to graduate

by Adrian Jhonsan
Why Tennessee requires personal finance in high school to graduate

Caiaimage/chris Ryan | Istock | Getty Images There has been a wave of financial literacy legislation nationwide as states push to get personal finance classes into public schools — and …

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Categories World

Americans are ‘doom spending’ — here’s why that’s a problem

by Adrian Jhonsan
Americans are ‘doom spending’ — here’s why that’s a problem

Black Friday shoppers leave the Nike store as other shoppers wait in line to shop as retailers compete to attract shoppers and try to maintain margins on Black Friday, one …

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Categories World

How Secure 2.0 may prompt more workers to use of a Roth 401(k)

by Adrian Jhonsan
How Secure 2.0 may prompt more workers to use of a Roth 401(k)

Team of millennial colleagues sharing ideas for new business start up, togetherness, innovation, diversity 10’000 Hours | Digitalvision | Getty Images More workers are getting access to a Roth savings …

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Can money buy happiness? 60% of adults say yes, it costs $1.2 million

by Adrian Jhonsan
Can money buy happiness? 60% of adults say yes, it costs .2 million

Young adults put the price of happiness even higher When broken down by generation, millennials put the number much higher — more than $500,000 — according to the report. Millennials …

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