Second-quarter estimated tax deadline for 2024 is June 17
D3sign | Moment | Getty Images The second-quarter estimated tax deadline for 2024 is June 17, and you could owe a penalty if you don’t send a payment, according to …
Retirement planning
Industries where workers tend to have higher 401(k) balances
To gauge your retirement preparedness, you may compare your 401(k) balance with other savers’ progress. But you might find that people in your field are a better comparison point than …
Why Gen Z is investing earlier than millennials did
Eternity In An Instant | Stone | Getty Images The financial benefit of starting to invest early The time element is crucial for investing. A teenager opening a retirement savings …
How to know if a Roth conversion is right for your portfolio
Noam Galai / Noamgalai.com | Moment | Getty Images Roth individual retirement account conversions are up in 2024 — but there are key things to know before converting funds, experts …
Why people don’t wait to claim Social Security and what experts say
Alessandro Biascioli | Istock | Getty Images When it comes to claiming Social Security retirement benefits, experts agree it’s generally best to delay. Yet many people still claim early — …
Why you may be saving more in your 401(k) — and not even know it
Aleksandarnakic | E+ | Getty Images You may be saving more money for retirement and not even know it. An increasing share of employers are automating how people save in …
Analyst sees a rosy time ahead for stocks
Longhua Liao | Moment | Getty Images Some investors may worry about market volatility ahead, given a contentious presidential race, lingering inflation, sinking consumer sentiment and uncertainty over Federal Reserve …
Delaying Social Security even by months can boost retirement security
Aj_watt | E+ | Getty Images A recent Social Security report showed a strong economy has helped the program. Still, Social Security’s trust funds may be depleted in the next …
This is the best time for a Roth conversion, experts say
Filadendron | E+ | Getty Images If you’re weighing a Roth individual retirement account conversion, you could save on taxes by leveraging a limited window of time, experts say. Roth …
Social Security expected to run short on funds in 2035, government says
People leave a Social Security Administration building in Burbank, California. Valerie Macon | Afp | Getty Images The trust funds the Social Security Administration relies on to pay benefits are …