Hispanolistic | E+ | Getty ImagesIf you're planning a gift to charity this holiday season, you could score a tax break by donating cryptocurrency. But there are some key things to know before making the transfer, experts say.In 2024, there's been a significant jump in crypto gifts to charity,...
Artistgndphotography | E+ | Getty ImagesThere's soaring interest in donating cryptocurrency to charity as digital currency investors seek to maximize their tax break and impact."A lot of folks have begun to realize that crypto giving is hugely beneficial," said Kyle Casserino, vice president and charitable planning consultant for Fidelity...
Fotostorm | E+ | Getty ImagesIf you need to get a mortgage to buy a house, make sure your finances are in order — especially your debt-to-income ratio.Your debt-to-income ratio is all your money debt payments divided by your gross monthly income. It's the "number one way" lenders measure...
Medianews Group/orange County Register Via Getty Images | Medianews Group | Getty ImagesIt's easy to swipe your credit card or send a check when donating to charity. But you could score a bigger tax break by gifting another asset.Some 34 million U.S. adults gave $3.1 billion for Giving Tuesday...
U.S. President Joe Biden meets with President-elect Donald Trump in the Oval Office at the White House in Washington, U.S., November 13, 2024. Kevin Lamarque | ReutersInvestors wondering if the presidential election may usher in a bad or good time for the stock market won't find any easy answers looking...
10'000 Hours | Digitalvision | Getty ImagesAs families gather for Thanksgiving this year, money is one topic that likely won't be discussed.Yet experts say it's a perfect time to start the conversation, particularly with aging parents.More than half of Americans — 56% — say their parents never discussed money...
Xavierarnau | E+ | Getty ImagesIf you're retired and planning a year-end donation to charity, there's a key move to maximize your tax break, financial experts say. Qualified charitable distributions, or QCDs, are direct transfers from an individual retirement account to a non-profit organization. Additionally, retirees can give more...
Mixetto | E+ | Getty ImagesAs year-end approaches, you may be eyeing a donation to charity — and certain gifting strategies can boost your tax break, experts say. In 2023, U.S. charitable giving hit $557.16 billion, up roughly 2% compared to 2022, according to Indiana University Lilly Family School of...
Brandon Bell | Getty Images News | Getty ImagesAs Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump.Trump's campaign promises — from tariffs to mass deportations, tax cuts and deregulation — and his picks to lead federal agencies suggest both...
Pt Stock | Moment | Getty ImagesWhen Americans measure success, they're not often thinking about their net worth or account balances.About 59% of polled Americans say that happiness — specifically, the ability to spend money on things that make them happy — is the most important benchmark of success,...