Mega Millions jackpot hits $940 million. This could be the tax bill
The Mega Millions jackpot grew to $940 million on July 27, 2023. OLIVIER DOULIERY | Getty The Mega Millions jackpot has ballooned to an estimated $940 million ahead of Friday’s…
How to know if your business qualifies for employee retention tax credit
brightstars | E+ | Getty Images Small businesses are facing an onslaught of ads, phone calls and emails to help them claim a pandemic-era tax credit. However, experts urge business…
Why Charles Schwab became a financial ‘supermarket’
Charles Schwab Corp. is the largest publicly traded brokerage business in the United States with $7.5 trillion of client assets, and is a leading service provider for financial advisors, among…
Here are the top 3 reasons to fire a financial advisor, say experts
Edwin Tan | E+ | Getty Images Breakups are always hard. The relationship with your financial advisor is no different. But there are some telltale signs it’s probably time to…
Investing isn’t free. But here’s why 20% of investors think it is
Alistair Berg | Digitalvision | Getty Images Death and taxes are, as Benjamin Franklin famously declared, two of life’s certainties. Investment fees may be a worthy addition to that list…
How to decide between pre-tax and Roth 401(k) contributions
Prathanchorruangsak | Istock | Getty Images Whether you’re starting a new job or updating retirement savings goals, you may need to choose between pre-tax or Roth 401(k) contributions — and…
21% of investors don’t think they pay fees. Here’s why they’re wrong
Damircudic | E+ | Getty Images More than a fifth of investors don’t think they pay any fees for their investment accounts, an industry survey has found. Most of them,…
Fear of missing out can be a killer for investors. How top advisors keep it at bay
Michael H | Digitalvision | Getty Images The fear of missing out, or FOMO, can be a powerful psychological force — and it may lead unwary investors to lose bundles…
Why rising inflation is less likely to hurt some retirees
Sollina Images | Tetra Images | Getty Images Despite falling gas prices, inflation was higher than expected in August, curbing optimism for lower day-to-day expenses. But some retirees won’t feel…