Since the Roth IRA was created in 1997, a portion of the financial services community warned the Roth IRA was a trap. Congress would wait until Roth accounts held trillions of dollars, then repeal all or some of the tax benefits. From the start, I’ve been skeptical of the arguments that Roth IRAs are a
Month: March 2023
Vanita Johnson Courtesy: Vanita Johnson After 13 years in teaching and education administration, Vanita Johnson switched to a position she always wanted — behind the wheel of a big rig. Johnson took a three-week course in trucking, got her commercial driver’s license and became an independent owner-operator. She eventually joined a larger company and has
Pfizer CEO Albert Bourla speaks during the China Development Forum in Beijing on March 25, 2023. Lintao Zhang | Getty Images News | Getty Images BEIJING — U.S. pharma giant Pfizer has signed an agreement with China to cooperate on improving the country’s health coverage, according to the company. “We are aligned very much with
Middle-aged millennials have arrived. As more millennials — often defined as those born between 1981 and 1996 — turn 40, a generation long defined by youth transitions to a new phase in life. And they’re bringing their tech-savviness, social consciousness and spending habits in tow, which is transforming a travel industry intent on staying ahead
Single men have long been more likely than single women to own a home, but that gap narrowed sharply in recent years, nearly closing in 2021. However, a recent survey shows that it widened again last year, shining light on the home buying challenges single women face, including lower salaries and a more volatile workforce
BuzzFeed CEO Jonah Peretti stands in front of the Nasdaq market site in Times Square as the company goes public through a merger with a special-purpose acquisition company on December 06, 2021 in New York City. Spencer Platt | Getty Images When a marriage or an engagement fails, it’s common for the participants to take
In this article 0R3T-GB UBSG-CH CSG.N-CH Follow your favorite stocksCREATE FREE ACCOUNT Axel Lehmann, chairman of Credit Suisse Group AG, Colm Kelleher, chairman of UBS Group AG, Karin Keller-Sutter, Switzerland’s finance minister, Alain Berset, Switzerland’s president, Thomas Jordan, president of the Swiss National Bank (SNB), Marlene Amstad, chairperson of the Swiss Financial Market Supervisory Authority
Aging solo is about those individuals who are widowed or not married, live alone, and have no family or none they can count on. They are going through the last years of their lives on their own. It can be just fine until one’s health declines and the usual activities and access to friends get
On Mar. 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act—the CARES Act—was signed into law in response to the challenges facing the US economy due to the Covid pandemic. Nearly three years later, IRS Criminal Investigation (IRS-CI) reports that it has investigated 975 tax and money laundering cases related to Covid fraud, with
In this article DG WMT KR SNAP Follow your favorite stocksCREATE FREE ACCOUNT A worker carries bananas inside the Walmart SuperCenter in North Bergen, New Jersey. Eduardo Munoz Alvarez | AP For some shoppers who already struggle to cover grocery bills, the budget is getting tighter. This month, pandemic-related emergency funding from the Supplemental Nutrition
In this article JPM WFC GME SQ Follow your favorite stocksCREATE FREE ACCOUNT Jack Dorsey, chief executive officer of Square Inc., second right, tours the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Yana Paskova | Bloomberg | Getty Images Check out the companies making headlines
In this article GOLF CSCO NKE FL NET AAPL Follow your favorite stocksCREATE FREE ACCOUNT A USB-C (USB Type-C) cable is seen in front of a displayed Apple logo in this illustration taken October 27, 2022. Dado Ruvic | Reuters Market experts continue to look for opportunities to pick promising stocks trading at attractive levels
Suze Orman speaks during AOL’s BUILD Speaker Series at AOL Studios In New York. Jenny Anderson | WireImage | Getty Images At the end of each episode of her long-running eponymous CNBC show, Suze Orman would close out with the phrase, “People first, then money, then things.” Women took that to mean they should give
During the week, Eugene Hall uses his tech savvy to chase down tax cheats, identity thieves and other fiscal frauds. And on football Sundays, he assesses penalties—five and ten yards at a time. On Sundays, during the NFL season, you can spot Eugene Hall as side judge 103, making critical calls about whether a catch
In any commercial real estate deal, there’s a participant essential to the transaction whose importance is oft overlooked. That professional is the real estate appraiser. This “valuation professional” — hired by the lender, seller or other — sizes up the property and offers a valuation that helps nail down the ultimate price tag of the
Customers browse in a used car lot on February 15, 2023 in Glendale, California. Mario Tama | Getty Images All new vehicles become used cars and trucks once they’re sold. It’s an obvious statement, but one that needs to be laid out to explain the root cause for ongoing inventory and pricing issues in the
In this article PPI SIVB .SPX Follow your favorite stocksCREATE FREE ACCOUNT It appears specific sector ETFs are gaining popularity as a way to cushion bank-turmoil fallout. According to VettaFi’s Todd Rosenbluth, the trend applies to ETFs holding only a few large companies in particular industries. “[They’re] going to be a complement to a broader
Prior to running the most popular social media app in the world, TikTok CEO Shou Zi Chew was an intern for one of his largest competitors. Chew, 40, has led TikTok since 2021 — overseeing its ascent to become the world’s most downloaded app last year, with 672 million downloads, according to a Statista analysis
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 in the modern era — though not all investors are aware of this near-universal fact. The fees financial services firms charge can be murky. One-fifth
When President Biden used his first veto (less than 60 days after his party no longer controlled both houses of Congress), the media reported on the event with much fanfare. That it had to do with a very narrow subject didn’t matter. But was all the chest pumping justified? Could it be that the issue
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