Cash savers still have an opportunity to beat inflation. Here’s how

Riska | E+ | Getty Images It may be a while longer before the Federal Reserve lowers interest rates, experts now say. That means savers can still earn the best returns on... Read more »

Turning 65? What to know when planning for Medicare, Social Security

A “silver tsunami” — with a record number of Americans expected to turn age 65 — is here. Americans who reach that milestone age face high-stakes financial decisions. Two of the most... Read more »

Mega Millions $1.1 billion jackpot winner could face these pitfalls

The Mega Millions jackpot grew to more than $1.6 billion on Aug. 9, 2023. Justin Sullivan | Getty Images State taxes can be hefty “None of these winners think about taxes until... Read more »

Here’s what to know before using AI chatbots to file your taxes

Songsak Rohprasit | Moment | Getty Images The tax deadline is approaching and some filers are turning to chatbots powered by artificial intelligence for help with returns. But taxpayers should be wary... Read more »

Powerball jackpot hits $1.3 billion. Here’s how purchases are changing

The growth of ‘lottery couriers’ U.S. lottery sales exceeded $113.3 billion in 2023, according to the North American Association of State and Provincial Lotteries. With varying state and provincial regulations, players have... Read more »

You can still lower your tax bill with a ‘spousal IRA’ contribution

10’000 Hours | Digitalvision | Getty Images There’s still time to lower your 2023 tax bill or boost your refund with a lesser-known retirement savings strategy for married couples. One requirement for... Read more »

There’s still time to meet the IRA contribution deadline for 2023

Damircudic | E+ | Getty Images The tax deadline is approaching and there’s still time to score a deduction with a pretax individual retirement account contribution — if you qualify. For 2023,... Read more »

Here’s the tax bill for the winning $1.128B Mega Millions ticket

Xavier Lorenzo | Moment | Getty Images There is officially one winner for the $1.128 billion Mega Millions jackpot — and the taxman will take a sizable share, experts say. A single... Read more »

As ‘guilt tipping’ gets out of control, consumers start pushing back

“Customers are being asked to tip at the more traditional service encounters [and] also app-based services, ride-share and delivery apps. This gives the perception that tipping is everywhere, which does seem the... Read more »

Here are 3 key things to know before filing your 2023 tax return

The federal tax deadline is officially one month away for most filers — and experts say there are some key things to know this season. As of March 1, the IRS received... Read more »

Why consumers might be getting less for their money

Pixelseffect | E+ | Getty Images Some grocery store products are providing less for your money. And everyone from President Joe Biden to Cookie Monster has noticed. Blame shrinkflation. The term —... Read more »

Here’s how to calculate crypto taxes amid the latest bitcoin rally

Whether you’re a longtime crypto investor or recently purchased digital assets, here are some key things to know from crypto tax experts.  How to answer Form 1040 ‘digital assets’ question Cryptocurrency has... Read more »

Why Social Security cost-of-living adjustment may be smaller in 2025

Peopleimages | Istock | Getty Images High inflation has prompted higher Social Security cost-of-living adjustments. But as the rate of price growth subsides, the annual increases for Social Security may fall in... Read more »

Here’s what Trump’s proposed tariffs could mean for your wallet

This combination of pictures created on February 17, 2024, shows U.S. President Joe Biden waving from the South Lawn of the White House in Washington, D.C., on June 1, 2023, and former... Read more »

Here’s who qualifies for free tax filing through the IRS this season

Artistgndphotography | E+ | Getty Images Estimated state-by-state eligibility The Treasury estimates that 19 million taxpayers may be eligible to use Direct File this season, with the following breakdown in each pilot... Read more »

Equal Pay Day highlights $1.2 million salary shortfall for some women

Equal Pay Day is a reminder of the persistent income inequality between men and women. As it stands, women earn just 84 cents for every dollar earned by men, according to an analysis... Read more »

The future of EVs in the collectible cars market, from Tesla to BMW

Elon Musk at a Tesla Motors press conference at the 2009 North American Auto Show. James Leynse | Corbis Historical | Getty Images The term “collectible vehicle” might conjure up images of... Read more »

President Biden floats $10,000 first-time homebuyers tax credit

Cavan Images | Cavan | Getty Images President Joe Biden has floated plans to address the country’s affordable housing issues, including new tax breaks for first-time homebuyers and “starter home” sellers. However,... Read more »

How lessons from playing poker can apply to investing

Eric Raptosh Photography | Tetra Images | Getty Images It is often said that without risk, there is no reward. It’s a maxim that poker and chess pro Jennifer Shahade, author of... Read more »