Former U.S. President and Republican presidential candidate Donald Trump speaks during an election night event at the West Palm Beach Convention Center on Nov. 6, 2024.Jim Watson | Afp | Getty ImagesPresident-elect Donald Trump's victory means higher individual taxes, including levies on investments, are less likely for top earners,...
Laylabird | E+ | Getty ImagesMost Americans will have a lower tax burden in retirement than during their working years.However, that may not be the case for some retirees, especially for higher earners and big savers, which could have a significant impact on their financial plans, according to financial...
Republican presidential nominee and former U.S. President Donald Trump holds a rally in Saginaw, Michigan, U.S., October 3, 2024. Democratic presidential nominee U.S. Vice President Kamala Harris and Vice-Presidential candidate Tim Walz speaks during a campaign rally and concert in Ann Arbor, Michigan, U.S. October 28, 2024.Brendan McDermid |...
Andrew Bret Wallis | The Image Bank | Getty ImagesAfter a spouse dies, some retirees face a costly surprise — higher taxes.Couples, however, can reduce the burden with early planning, financial experts say.The shift from married filing jointly to single on future tax returns can trigger a "survivor's penalty,"...
This combination of pictures created on October 25, 2024 shows US Vice-President and Democratic Presidential candidate Kamala Harris in Houston, Texas on October 25, 2024 and former US President Republican presidential candidate Donald Trump in East Del Valle, Austin, Texas on October 25, 2024. Getty ImagesAs millions of Americans cast...
A voter works on his ballot at a polling station at theElena Bozeman Government Center in Arlington, Virginia, on September 20, 2024. Early in-person voting for the 2024 US presidential election began in Virginia, South Dakota and Minnesota. - | Afp | Getty ImagesMany investors worry their investments may be...
The vast majority of parents agree it's critical that their children learn about investing, but few feel completely confident in their ability to teach their kids how to do it, according to a new survey conducted for the SIFMA Foundation, a non-profit focused on financial education.Only 22% of parents...
This year is a "super election year," with more than 60 countries — encompassing around half of the world's population — hosting national elections, according to Statista.Promoting a healthy economy is high on the list of expectations of voters globally, according to a recent report by Principal Financial Group....
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailHalf the world's population will cast votes this year as more than 60 countries hold elections. Promoting a healthy economy is high on the list of expectations of voters globally, according to a recent report by Principal...
At the national level, the middle class is typically defined as households that earn between two-thirds and double the household median income. Based on 2023 figures, that means those with an annual income between $53,740 and $161,220.Compared to its peak, inflation in the U.S. has eased substantially. According to...