aslysun / Shutterstock.com At some point in your 70s, the tax-free ride that you enjoyed for decades on your 401(k) and traditional IRA investments finally comes to an end. That’s when you must begin taking required minimum distributions (RMDs) — and paying taxes on that money — each year. The exact age at which your … Read more
For the sixth consecutive year, the best diet for your health is an old favorite. The Mediterranean Diet once again finished first in the annual U.S. News & World Report rankings of the best overall diets. The diet — which focuses on a plant-based menu, with some fish and seafood and lean meats thrown in … Read more
Venturing into any of my home’s storage spaces — the attic crawlspace, the basement utility room, the garage, the shed, spare bedroom closets — gives me heartburn. We’ve accumulated a ton of stuff over the years, and the volume will only increase as our kids get older and demand more toys. Or we could become … Read more
Capital One Bank is one of the 20 largest banks by assets in the United States. To be precise, it’s #10 as of September 30, 2022. It makes a lot of money too. In 2021, the most recent year for which we have full data, Capital One Bank reported more than $12 billion in profit … Read more
Tax filing season officially starts on Monday, Jan. 23, one of four key tax dates the IRS announced today. In other words, the IRS will begin accepting and processing 2022 federal income tax returns on that date. So, if you are an early bird, you can submit your return in less than two weeks — … Read more
Recently, it has seemed like nothing can stop the stock market. Despite increased volatility related to COVID-19, stocks have more than recovered from last year’s lows. The S&P 500 is up over 60% relative to a year ago, and 22% since January 3, 2020. Despite the sky-high stock market returns of the past few months, … Read more
When you think about investing, you probably think about investing in the stock market. But there are a lot of alternative ways to invest your savings than just stocks, or even mutual funds and exchange-traded funds. Once you have entered the daily life of the average young adult you are introduced to any number of … Read more
The Discover it® Cash Back card is one of the most popular no-annual-fee cash-back credit cards around. In large part, its popularity is due to a tiered rewards program that features a selection of rotating 5% cash-back categories. Spending eligible to earn 5% cash back is capped at $1,500 per quarter across all bonus categories … Read more
Best for no fees Best for integrations Best for freelancers Best for digital tools Opening a business can help you set your own hours, be your own boss, and take advantage of new opportunities to do things your way. At the same time, there are many things your new business needs to grow and be … Read more
There are many ways you can invest your money, from stocks and bonds to gold coins and cryptocurrency. Many investors choose to diversify their portfolios with a collection of gold coins. These investments can be a great way to learn about American history and even potentially turn a profit. If you’ve recently become interested in … Read more