How to keep premium tax credits
Andresr | E+ | Getty Images The so-called subsidy cliff for Affordable Care Act health insurance premiums is about to return in 2026. But there are steps households can take to avoid the cliff — and potentially save thousands of dollars on premiums next year, according to financial planners. The subsidy cliff refers to the […]
Make the most of health care expenses before end of year
Momo Productions | Digitalvision | Getty Images As health-care costs continue to climb, you may want to make sure you’re not leaving valuable tax breaks or pre-tax dollars on the table this year. Rising premiums, steeper deductibles and higher out-of-pocket maximums have put more pressure on household budgets, making year-end planning important, experts say. Among […]
Mutual fund capital gains payouts are coming. Here’s how to avoid it
Violetastoimenova | E+ | Getty Images LAS VEGAS — As 2025 winds down, many investors are bracing for year-end mutual fund distributions, which can trigger a hefty tax bill for assets held in a taxable brokerage account. But there are strategies to avoid the payout, experts say. For 2025, “you’ve got some pretty eye-watering numbers,” […]
These inherited IRA mistakes could reduce your windfall, advisors say
Juanma Hache | Moment | Getty Images While many investors welcome a windfall, the rules for inherited individual retirement accounts are complicated — and mistakes can be costly. Since 2020, certain inherited accounts are subject to the “10-year rule,” and heirs must empty the balance by the 10th year after the original account owner’s death. […]
How to create a plan
Even as a record number of Americans are reaching retirement age, many adults have not considered the impact that inflation and Social Security benefits will have on their financial future. A new global survey by Prudential found 89% of wealthy U.S. adults polled said they are confident they’d be able to cover essential costs in […]
Have Rs 1 crore retirement corpus? How to get Rs 1 lakh monthly income for longest period
If you have Rs 1 crore and want to plan your retirement in a way that your corpus lasts your life, the basic question to ask is how long your retirement phase will last. Do you want money for the next 20 or 30 years or a longer period? Deciding it may be your dilemma. […]
Your portfolio may be more tech-heavy than you think
If you own an S&P 500 index fund, artificial intelligence is already a major part of your investment strategy. In recent years, the stock market’s gains have been fueled largely by a small group of tech giants that are aggressively investing in AI. Nvidia, Microsoft, Apple, Google parent company Alphabet and Amazon — the five […]
8 money mistakes that can ruin your retirement and how to avoid them
Most people associate retirement with a slow, relaxed pace of life, pursuing passions and spending time with family, bereft of anxieties, financial or otherwise. Yet, many retirees wake up to a rude reality, when they find their corpus too small to sustain them through retirement, or a bulk of their savings wiped out by a […]
The Middle Class Keep Making 5 Retirement Mistakes — How To Avoid Them
There are so many variables when it comes to retirement planning that it can be easy to make some mistakes along the way. That’s why it’s so important to have a plan you can refer to if you ever find that you’re getting off track. Consider This: Here’s Why You Might Want To Invest Your […]
How to avoid Medicare Part B late enrollment penalties
Federal annuitants enrolling in Medicare Part B face many healthcare expenses: FEHB and Part B premiums, potential Part B and Part D Income Related Monthly Adjustment Amounts (IRMAA), and out-of-pocket costs when using healthcare services. One expense you’ll want to avoid is the Part B late-enrollment penalty. I’ll walk you through what you need to […]