Advisors

Justin Sullivan | Getty The Powerball jackpot surged to an estimated $1.73 billion, the second-largest prize in the game’s history, without a winning ticket on Monday. While it’s the first time Powerball has seen back-to-back billion-dollar grand prize cycles, lottery jackpots have gotten bigger more frequently over the past several years, experts say. The next

Kaiser Permanente employees, joined by union members representing the workers, walk the picket line in Los Angeles on Oct. 4, 2023. Frederic J. Brown | AFP | Getty Images As 2023 proves to be a massive year for worker strikes, the push to provide people on the picket line with unemployment benefits is also heating

DjelicS | Getty If you filed a tax extension for more time on your 2022 return, the deadline is fast approaching. The federal tax-extension deadline on Oct. 16 is the last chance to avoid a late filing penalty, according to the IRS. However, some filers in disaster areas may have additional time. “The best thing

Cecilie Arcurs | Getty Images There’s a staffing shortage in the accounting industry, and it’s not too early to lock in a tax preparer for next season. If you need someone with specialty expertise, such as the employee retention tax credit or cryptocurrency taxes, it may take longer to find a qualified match. But vetting

Amid heightened economic uncertainty, Americans, overall, are saving less. The personal savings rate — how much people save as a percentage of their disposable income — was 3.9% in August, well below a decadeslong average of roughly 8.9%, according to the latest data from the U.S. Bureau of Economic Analysis. And yet, consumers continue to spend,

TikTok logo displayed on a cellphone. Hyoung Chang | Denver Post | Getty Images With consumers turning to social media for financial information, tax advisors are often battling misinformation spread by influencers on popular platforms like TikTok. Nearly 80% of millennials and Gen Zers have used social media for financial advice, according to a 2023

Ana Paula Cortes Courtesy: Ana Paula Cortes Ana Paula Cortes graduated from New York University in 2021 with her master’s degree in creative writing — and $100,000 in student debt. Lea este artículo en español aquí. Cortes, a U.S. citizen who grew up in Mexico, had to finance her degree on her own. She was raised

Unexpected medical bills can cost as much as $1,000 or more. Sometimes, these expenses are unavoidable. Still, you can take steps or ask questions of medical providers or your insurance company to avoid overpaying or getting saddled with charges you can’t afford to pay. According to the Consumer Financial Protection Bureau, about $88 billion of

Moyo Studio | E+ | Getty Images It used to be when you talked about marriage and the “golden years,” the picture was a traditional one. Get married, work hard, buy a house, have children and retire surrounded by family and some grandchildren. Divorce was a hush-hush topic and a rare occurrence. However, as the

Marco Vdm | E+ | Getty Images The wage gap costs women in the U.S. about $1.6 trillion a year, a new report finds. Women earned 78 cents for every dollar that men made in 2022, according to National Partnership for Women and Families. Researchers calculated the total cost to women of the wage gap

To be sure, 529 college savings plans already had a lot going for them. Now, thanks to ”Secure 2.0,” a slew of measures affecting retirement savers, they’re about to be even more attractive. Starting in 2024, savers can roll unused money from 529 plans over to Roth individual retirement accounts free of income tax or tax penalties. Among other limitations,

Prapass Pulsub | Moment | Getty Images As year-end approaches, some investors may be weighing a Roth individual retirement account conversion to save on future taxes. But there are several things to consider first, experts say. The strategy transfers your pretax or non-deductible IRA funds to a Roth IRA, which kick-starts future tax-free growth. But

Halfpoint Images | Moment | Getty Images Many women already feel they are behind when it comes to being financially prepared for retirement. There’s another risk they have to watch for: disruptive curveballs life throws at them that may put them off track, according to recent research from financial services firm Edward Jones and aging

mapodile / Getty After several interest rate hikes from the Federal Reserve, many have braced for stock market volatility in their 401(k) plans. But experts say some plans could face another risk: employer bankruptcy. Generally, your 401(k) is safe from creditors in the case of bankruptcy, based on protection from the Employee Retirement Income Security

Sporrer/Rupp | Image Source | Getty Images New government inflation data points to a 3.2% Social Security cost-of-living adjustment in 2024, according to a new estimate from The Senior Citizens League. That would raise the average monthly retirement benefit by about $57.30, according to the nonpartisan senior group. The Senior Citizens League’s calculations are based

Westend61 | Westend61 | Getty Images Thanks to a law passed four years ago, borrowers with outstanding federal student debt are able to tap into any remaining 529 college savings plan funds they have to pay down up to $10,000 of what they owe. That may now be a particularly appealing option, given that federal

Rosshelen | Istock | Getty Images CNBC enlisted data provider AccuPoint Solutions to assist with the ranking of registered investment advisors for this year’s FA 100 list. The methodology consisted of first analyzing a variety of core data points from AccuPoint Solutions’ proprietary database of registered investment advisors. This analysis started with an initial list

In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Undefined | Mint Images Rf | Getty Images OK, not all financial advisors wear capes. But many are superheroes to their clients. Advisors, however, do wear many hats because they play a key role in the lives of their clients as they help align their

Mason King Courtesy: Mason King More than a year of recessionary forecasts have created “a highly unusual market,” said Mason King, a principal of Luther King Capital Management in Fort Worth, Texas, which ranked No. 1 on CNBC’s list of the top 100 financial advisors in the U.S. for 2023. As a whole, the current climate has created

Finding the right financial advisor to help with your financial needs and goals can be a very complicated process. There are so many things to consider. For example, every financial advisor has their own area of expertise. The services provided by financial advisors will vary based on the type of advisor but, overall, a financial