Spot bitcoin ETF approval is approaching, experts say. What to know

Wael Alreweie | Istock | Getty ImagesBitcoin investors are eagerly waiting for regulators to approve the first U.S. spot bitcoin exchange-traded fund, which could be significant for cryptocurrency investors, experts say.Last week, the price of bitcoin notched an 18-month high, climbing to $37,970, after BlackRock took first steps toward...

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Why self-employed Americans can’t afford to ignore open enrollment

Open enrollment season can be a time of trepidation for the self-employed. The stakes are especially high because if you need to buy individual or family coverage, the next few weeks could be your only chance for 2024, barring certain exceptions such as moving to a different state, getting married,...

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How to prepare for the ‘survivor’s penalty’ before a spouse passes

Nosystem Images | E+ | Getty ImagesMany older women outlive their spouses and may not expect higher future taxes after suffering from the loss. But there are ways to prepare, according to financial experts. American women have a significantly higher life expectancy than men, according to data from the Centers...

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Most people don’t invest their HSA savings, instead they use it like a bank account

Delmaine Donson | E+ | Getty ImagesHealth savings accounts offer perhaps the best tax perks relative to other investment accounts.But most account holders use them in a way that dilutes their benefits, data shows.Just 19% of HSA participants invest their account assets, according to a new survey by the...

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‘Maid’ author Stephanie Land’s new book details financial struggles

Stephanie LandSource: Simon and SchusterStephanie Land's daughter, Emilia, was 7 months old when Land was forced to leave her volatile partner. What came next for the single mother was homelessness and food insecurity — but somehow, at the same time, Land also worked to finish her college degree and pursue...

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Why expats giving up U.S. citizenship ‘doesn’t make financial sense’

Alexander Spatari | Moment | Getty ImagesAmericans who move abroad still have a responsibility to file their taxes with the IRS, sometimes in addition to taxes paid in their place of residence. Unsurprisingly, the thought of renouncing their U.S. citizenship may have crossed their minds at least once.However, experts...

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