Month: March 2021

Cathie Wood, CEO and founder of ARK Invest. CNBC Widely followed investor Cathie Wood is about to recoup some of her recent sharp losses as tech stocks rebounded Tuesday after a brutal correction triggered by surging bond yields. Wood’s flagship active exchange-traded fund Ark Innovation ETF (ARKK) climbed 4.8% in premarket trading on Tuesday. Tesla,
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Supoj Buranaprapapong | Getty Images It’s always nice getting a raise, but it could affect your ability to save for retirement through your 401(k) plan. Highly compensated employees — those making more than $130,000 annually — may not be able to contribute the maximum to their tax-deferred retirement plan if their lower-paid colleagues aren’t diligently
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VioletaStoimenova | E+ | Getty Images Out of sight, out of mind. For many people, that’s how their employer-offered 401(k) plan works. The employee chooses from a limited menu of investment options and, as long as the account continues a generally upward trajectory, the average investor has no reason to question their investment strategy nor any
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The federal tax rate on cryptocurrency capital gains ranges from 0% to 37%. Your specific tax rate primarily depends on three factors: 1 / The accounting method used for calculating gains. 2/ How long you held the coins before selling (Holding period). 3/ Your overall annual income (including non-crypto sources such as W-2) and tax
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President of Centum Financial Group and RPM Canada, redefining the way Canadians access mortgages and property management.  getty When we think of the word “franchise,” most of us visualize the same thing: a business in a box, a recipe that, if followed, should lead to success based on historical examples within the organization. Tech, training, tools, marketing and
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Investor Alexis Ohanian, co-founder of Reddit and husband to tennis legend Serena Williams, is among the latest of high-profile names to support NFTs, or non-fungible tokens. “I’ve invested big in women’s sports, but the rise of NFTs and trading card boom is going to be HUGE for women’s sports,” Ohanian tweeted on Saturday. “Save this
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Getty Images Hiring in the U.S. increased in February — and the unemployment rate ticked down slightly — but not all workers benefited from the larger-than-expected job growth. The unemployment rate is still significantly higher than February 2020, before the Covid-19 pandemic began. And some workers are no longer counted as unemployed. “Over the same
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Maggie Hardy Knox, President of 84 Lumber Tom M Johnson Photograpy People are often surprised to hear about women working in the construction field. I’ve been writing about construction for over 20 years and I still see very amazed looks on people’s faces when I tell them my topic is construction.  So, people may be
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The Internal Revenue Service building in Washington. SAUL LOEB/AFP via Getty Images The $1.9 trillion American Rescue Plan has inadvertently created a conundrum for the unemployed this tax season. The pandemic aid measure, which passed the Senate on Saturday, offers $1,400 stimulus checks and waives federal taxes on a portion of unemployment benefits received last
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