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Personal Finance
Economic Concerns Have Some Americans Setting A ‘No-buy’ Rule
Key takeaways As Americans reckon with high prices, “no-buy” challenges, which swear off most discretionary…
I asked a millennial, Gen Xer and baby boomer for their best money tips for young people today
Navigating money in your early 20s can feel like uncharted territory. And while it’s true…
I’m 50 With $650k in My 401(k). Should I Pivot to Roth Contributions?
At age 50, Roth contributions might be valuable, for the right household. With a Roth portfolio,…
Puerto Rico Tax Benefits for Americans: What to Know
As a U.S. territory, Puerto Rico can offer tax incentives not available on the mainland.…
I Inherited My Husband’s 401(k) With $615k. How Do Handle This Money to Reduce Taxes?
Inheriting a retirement account can be complicated.With a retirement account that you opened, you’re referred…
Form 8283: How to File for Noncash Charitable Contributions
When you donate noncash items—such as artwork, vehicles, clothing or other property to a qualified…
I’m a 51 Year Old Divorced Dad. I Have $780k in My 401(k) and Contribute the Maximum. Can I Retire in 10 Years?
Dependents can change everything.When it’s just you, or you and a partner, you have more…
Form 8396: How to Claim Mortgage Interest Credit
Form 8396 is used to claim the mortgage interest credit. This is a nonrefundable federal…
Can Rental Income Affect Your Social Security Benefits?
Social Security benefits provide essential income for millions of Americans. However, there can be a…
Section 83(b) Election for Stock Options: Deadline, Examples
An 83(b) election lets individuals who receive restricted stock or stock options pay taxes on…
Is $400,000 Enough to Retire at 65?
Whether $400,000 is enough to retire at 65 depends on your expenses, other income sources…
Standard Mileage Deduction: Requirements, Rate and Examples
If you use your personal vehicle for business or other specific needs, you may be…
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