Give each child an equal amount and allow them to make their own mistakes. If you don't trust your daughter to spend the money wisely, have a separate conversation with each child about their needs, ...
I'm betting on another 22 spins around the sun, given all relevant factors. I would like to settle down. My question: Responsibly, how much can I afford to spend to buy a home? Related: 'Don't be ...
I want to give $50,000 to my adult daughter as she has nothing saved for retirement. I want her to open a brokerage account. She can save for about 27 years until retirement. She is single and has a ...
My recently widowed mother asked me if I think we should get a life-insurance policy (it was fresh on her mind as we handled everything for Dad). She is 72, in great health, and independently wealthy.
The change benefits public-sector workers such as teachers, police officers, firefighters. As of November 2024, more than two million Americans had their Social Security benefits reduced by the WEP.
My husband has a parent PLUS Loan debt for his daughter from his first marriage, totaling several thousand dollars. He has also incurred a five-figure credit-card debt in his name only during our ...
American single-malt whiskey, which uses the same key ingredients - malted barley, yeast and water - that go into single-malt Scotch, has now been recognized by the Alcohol and Tobacco Tax and Trade ...
In its waning days, the Biden administration withdraws rules that would have impacted more than 25 million borrowers Tens of thousands of public servants will have $4.28 billion in student debt ...
To be tax-smart about giving to individuals, givers have to be mindful of the IRS annual gift-tax exclusion, which is $18,000 in 2024 and $19,000 in 2025. A person can give that amount to as many ...
There has been plenty of coverage of the S&P 500's concentration, with its top three stocks - Apple (AAPL), Microsoft (MSFT) and Nvidia (NVDA) - making up 20.5% of the index, but the Russell 1000 ...
If the U.S. economy were in recession, Trump's antipathy to trade deficits might be more on point. A trade deficit means that domestic residents are spending more on goods from abroad than they sell.