Lawmakers say new rules would rescue funds from tax penalties and promote more college savings. Others think the measure amounts to a tax break for wealthy.
Two amendments to provide additional protections for pregnant and breastfeeding women will make a huge difference for low-wage workers, one advocate says.
Lawmakers say new rules would rescue funds from tax penalties and promote more college savings. Others think the measure amounts to a tax break for wealthy.
Both chambers of Congress have now approved an omnibus government-funding bill, which includes dozens of retirement-related provisions known as "Secure 2.0."
Tax professionals and consumers are likely to cheer the delay, which means the pre-2022 threshold of $20,000 for more than 200 transactions applies for now.
Dec 23, 2022 Shopping with coupons is one of the best ways to save money on everyday items. It can help you stretch your budget and get more for less. Coupon shopping allows you to find the best deals available so that you can maximize your savings and still get quality products. In this blog
New retirement legislation will make it easier to set aside money for unexpected emergency expenses.
Today in BC | Canadian Press | Dec 21, 2022 18-month suspension to give province and BC Hydro time to engage with industry and First Nations The British Columbia government is temporarily suspending requests for electricity connections from cryptocurrency mining operations, saying the decision is aimed at preserving the power supply while supporting climate action
The Verge | Richard Lawler and Elizabeth Lopatto | Dec 21, 2022 Former FTX co-founder Gary Wang and former Alameda Research CEO Caroline Ellison are facing up to 50 years and 110 years in prison, respectively. Caroline Ellison and Zixiao “Gary” Wang, two executives in Sam Bankman-Fried’s fallen crypto empire, have pleaded guilty to federal
The provision would provide up to a 50% federal match on contributions to qualifying retirement accounts for people with income below set levels.
Savers can access individual retirement account funds before 59½ without a 10% penalty in some cases. But it's generally not a good idea to raid savings early.
Dec 22, 2022 No one expects to be involved in a car accident, but it happens more often than you think. It can be challenging to determine the next steps if you've been an unfortunate road crash victim. You must know your legal and financial rights when dealing with an automobile accident. This blog post
With little to no safety net, lower wages and shorter credit histories, young adults are struggling to manage high-interest debt, according to a new report.
Amid sky-high inflation, many young adults see their parents as a financial safety net. Some live with their parents, and others get help with their bills.
New legislation may help make it easier to automatically enroll workers in retirement plans. But to keep retirees out of poverty, more fixes are necessary.