What retirees need to know about qualified charitable distributions

What retirees need to know about qualified charitable distributions

David Jakle | Image Source | Getty Images If you’re retired and giving to charity this holiday season, experts say there’s a way to trim your 2022 tax bill while supporting your favorite cause. Despite economic uncertainty, the majority of American adults plan to donate similar amounts this year as they did last year, a … Read more

Social Security recipients are missing out on $182,000 by claiming too early, study finds

Social Security recipients are missing out on 2,000 by claiming too early, study finds

Social Security recipients are missing out on nearly $200,000 by claiming benefits too early, according to a new study. The study, from Atlanta Fed director of research David Altig, the noted Boston University economist Laurence Kotlikoff and Victor Yifan Ye, also of Boston University, says that more than 90% of American workers should wait until … Read more

Emmy -Winning Actor Issa Rae Was Once “Crippled” By Credit Card Debt Before Becoming Famous

Emmy -Winning Actor Issa Rae Was Once “Crippled” By Credit Card Debt Before Becoming Famous

Photo: DFree (Shutterstock) If you ever traded your good credit for a free pizza as a broke college student, you may have more in common with the iconic actor and producer Issa Rae than you thought. The “Insecure” star recently spoke with CNBC’s “Make It,” about being targeted by creditors as a young consumer, and … Read more

U.S. cities where you need to earn over $200,000 to afford a home

U.S. cities where you need to earn over 0,000 to afford a home

Homeownership costs continue to squeeze out all but the richest buyers, and potential homeowners now need to earn $200,000 or more in eight U.S. cities to afford a typical home, a new study found. U.S. mortgage payments are up by an average of 45.6% in the last year. And with interest rates for 30-year fixed-rate mortgages … Read more

Grindr stock skyrockets following the dating app's IPO via SPAC – Yahoo Finance

Grindr stock skyrockets following the dating app's IPO via SPAC – Yahoo Finance

Grindr stock skyrockets following the dating app’s IPO via SPAC  Yahoo Finance This Stock is Acting Like Crypto, Pumps 200%  BeInCrypto Grindr’s Biggest Investors Become Billionaires on Stock Surge  Bloomberg Grindr shares soar in post-SPAC debut as advocates weigh progress of LGBTQ inclusion within finance world  CNBC View Full Coverage on Google News

The Fed 'will effectively tame inflation' at the next FOMC meeting, George Ball says – Yahoo Finance

The Fed 'will effectively tame inflation' at the next FOMC meeting, George Ball says – Yahoo Finance

The Fed ‘will effectively tame inflation’ at the next FOMC meeting, George Ball says  Yahoo Finance Fed Would Be Wise to Pause on Rates, Orszag Says  Bloomberg Fed Vice Chair Clarida says he still doesn’t think it’s time to talk about tapering  CNBC Television Labor market deterioration ‘is a feature’ of Fed policy: Strategist  Yahoo Finance Fed will hike … Read more

60% of Americans live paycheck to paycheck heading into 2022 holiday

60% of Americans live paycheck to paycheck heading into 2022 holiday

Just as the holiday shopping season gets into full swing, families are finding less slack in their budgets than before. As of October, 60% of Americans were living paycheck to paycheck, according to a recent LendingClub report. A year ago, the number of adults who felt stretched too thin was closer to 56%. related investing … Read more

Biden Administration asks Supreme Court to lift student loan forgiveness block

Biden Administration asks Supreme Court to lift student loan forgiveness block

U.S. President Joe Biden speaks about student loan debt at the White House on Aug. 24, 2022 in Washington, DC. Alex Wong | Getty The Biden administration on Friday asked the Supreme Court to reinstate its federal student loan program after a federal appeals court issued a nationwide injunction against the plan. The administration’s request, … Read more

401(k) balances fell 23% year-over-year due to market volatility: Fidelity

401(k) balances fell 23% year-over-year due to market volatility: Fidelity

Months of market swings have taken a heavy toll on retirement savers. The average 401(k) balance sank for the third consecutive quarter and is now down 23% from a year ago to $97,200, according to a new report by Fidelity Investments, the nation’s largest provider of 401(k) plans. The financial services firm handles more than … Read more