Most kids are encouraged by their parents to save their money from their paper route or part-time job by throwing it into a bank savings account. While any kind of saving is better than nothing, there may be a way to do it where your kids can get tax

Entrepreneurs can provide essential groundbreaking advancements for industry and society. Unfortunately, while being an entrepreneur can offer lucrative financial rewards and great satisfaction, it has its share of risks, as well. Not all of those wh

Spoiler alert: If you plan to skip to the bottom of this article to find out whether you should include crypto in your 401(k), you’ll be disappointed. There is no “yes” or “no” answer.  What you invest in your qualified retirement plan depends on you

Establishing an estate plan is extremely important. As life changes, it is necessary to update your plan to fit new circumstances. Whether it’s a change in domicile, the death of a family member, new grandchildren or a significant change in assets, i

The future is clean energy, or so the International Energy Agency (IEA) hopes. The autonomous, Paris-based intergovernmental organization set a goal of a net-zero economy by 2050, meaning that all greenhouse gasses produced by human activity will be

Let's talk about how much you should save in your emergency fund and go over some ways that the savings positively impact your life. What's up, everybody? It's your boy, Brandon Copeland, aka Professor Cope, and you are now tuned to another episode o

If you’re about to make a move to Medicare from your private insurance, you might want to make sure you’ve had all your shots - especially your vaccination for shingles. That’s because coverage of recommended vaccines under Medicare is more complex t

I’ve witnessed an interesting trend happening among  corporate executive clients. Many have been leaving their jobs at large companies and setting up their own consulting businesses. After the grind of 60-hour-plus weeks, they are finding plenty of a

Non-fungible tokens, or NFTs, have exploded in popularity as a niche in the cryptocurrency space. An NFT is, at its core, a piece of data stored on a blockchain. But the ownership of that data can change. So, an NFT could be tied to the ownership of

A slow macroeconomic news day resulted in one of the lowest-volume sessions of 2022, though a few individual equities endured more than their fair share of volatility. The S&P 500, which finished with a small gain Wednesday, posted the index's smalle

There's almost always a tax angle whenever you face a major turning point in life, even if it seemingly has nothing to do with taxes. That's because taxes are always lurking in the background when life's biggest moments arrive. Going to college, gett

You work hard for decades and save diligently for retirement, but unfortunately, you can’t retire from paying taxes. An important part of enjoying a fruitful retirement is understanding how taxes apply to different types of income and planning accord

On paper, a recession is a fall in GDP for two consecutive quarters. Unfortunately, the actual GDP report lags the quarter-end by at least a month and is constantly revised as new data is evaluated, making it hard to confirm a recession before the fa

Who uses your pantry? The clients we serve are seniors and families. We’re open three times a week and have a specific shopping day for the seniors in an effort to cut down waiting times, and then we have two open pantries for individuals and familie

Stocks started the day on solid footing as investors cheered reports that China is easing back its COVID-related restrictions by reducing the quarantine period for international travelers coming into the country to 10 days from 21 days. Those gains w

How do you know when you can retire? The answer seems simple: When you have enough income coming from your investments and other sources to sustain your lifestyle. The problem for many retirees and those who are starting to think about retirement is

We've reached the tail end of earnings season. However, there are still a handful of notable stragglers left to report – including memory chipmaker Micron Technology (MU, $58.71), slated on the earnings calendar to unveil its fiscal third-quarter res

Family finances can prove tricky under any circumstances, but that’s even more so with blended families, where two sets of often well-established financial histories and philosophies try to merge into one. At Semmax Financial Group, we’ve seen a numb

Monday kicked off a fresh week of Wall Street action with a day of calm tradng that saw the major indexes give up just a skosh of last week's rip-roaring gains. "For the third time this year, the S&P 500 ended the week up [greater than] 6%," says Mic

“Terry” was my first hoarder client. About 50 years old, he worked as a custodian at a high school in a small town not far from where I was living at the time. He was a genuinely nice guy and proud of his collection of washing machines from the 1940s

Recently, direct indexing, a lesser-known investment approach, has started outpacing both ETFs and mutual funds in investor adoption. Direct indexing offers unique benefits that can’t be replicated in a traditional ETF or mutual fund structure, parti

Nowadays, we’re all living longer, and those life expectancy numbers are only going to rise. With people living up to three or four decades in retirement, it's crucial you have enough money to enjoy all your retirement days. What do you do if you run

As founder and CEO of Kay Properties, I talk with hundreds of clients each month, allowing me the privilege of listening to some fascinating life stories while helping people with their long-term investment goals. I recently encountered such a story

The major indexes finished the holiday-shortened week with a flourish as a recent relief rally chalked up sizable gains across the four-day period. Federal Reserve Bank of St. Louis President James Bullard said Friday that "it is a little early to ha

Warren Buffett keeps pumping cash into the oil patch, upping Berkshire Hathaway's (BRK.B, $267.52) stake in Occidental Petroleum (OXY, $56.09) by more than a half-billion dollars in a series of recent purchases. And in fact, Buffett's ever-growing ar

www.td.com Why it won: TD offers a dedicated checking account with perks well suited to retirees, who get to skip fees on some savings accounts, too. For in-person services, TD has branches that stretch along the East Coast. Standout account: 60 Plus

Artificial intelligence (AI), for all of its futuristic elements, is not a new category – not by a long shot. The roots of the technology go all the way back to the late 1950s, when computers started to become much more powerful. But the proliferat

If you’re searching for a better banking relationship, check out our sixth annual rankings of the best financial institutions among national banks, internet banks and credit unions, as well as the best institutions for three client profiles: high-net

When the stock market hits a rough patch, it can pay to hide out in dividend stocks. Those cash payouts to shareholders are akin to a vaccine or an underground war bunker. They may not shield you from all of the financial pain of a market in free fal

In a topsy-turvy stock and bond market, preferred securities may provide extra income and a small dose of stability. These hybrid investments are part bond, part stock. Their dividends get paid ahead of common stock dividends (but not before bond int