Stock markets in the U.S. and around the globe have dropped since last week when President Donald Trump introduced tariffs on most imports. The sell-off is causing some Americans to rethink their financial investments, despite financial advisor recommendations to stay the course.Money flowed in and out just 0.10% of...
Tolgart | E+ | Getty ImagesScammers are always looking at ways to separate you from your money and they are using the tax season to try and trick taxpayers into falling for various fraud schemes.With millions of Americans sharing personal and financial information, tax season is a prime time...
Private assets currently account for less than 1% of assets in 401(k)s and other defined contribution plans, but some major asset managers and plan administrators want to increase that share."We are seeing institutions worldwide blend public and private markets, and in many cases, it's been a great investment," said...
The rally in bitcoin and other cryptocurrency prices has generated excitement among some investors, but investment advisors are largely still skeptical that those volatile assets belong in a 401(k) plan or other qualified retirement savings plans. Crypto was one of the fastest-growing categories of exchange-traded funds in 2024. The most...
Fg Trade | E+ | Getty ImagesHealth savings accounts have become popular workplace perks with significant tax-advantaged investment opportunities — but many Americans have no idea how they work. About 26 million people had an HSA at the end of 2023, according to Devenir, a research and investment firm based...
About 19 million U.S. taxpayers requested an extension to file back in April, according to the IRS, giving them an extra six months to submit their 2023 federal income tax returns.For many of those taxpayers, the October 15 final deadline is fast approaching.Taxpayers in federally-declared disaster areas, which currently...
Adamkaz | E+ | Getty ImagesStock market volatility could increase in the run-up to the U.S. presidential election, strategists predict. That's making some investors more anxious about what the election outcome could mean for their money. In a survey by the American Psychiatric Association this spring, 73% of people said...
John M Lund Photography Inc | Digitalvision | Getty ImagesMost Americans will have to rely on their savings to fund their retirement, but financial stress makes it hard for many workers to save.A new CNBC Your Money Survey conducted by SurveyMonkey found that 74% of Americans are feeling financially...
Summer can be an ideal time to slow down, reflect and reset your money mindset. You also may find more time to review your financial goals and decide whether you need a reboot."When it comes to those who want to 'clean' their financial house, my advice is that you...