How to Bulletproof Your Tax Return – Your Money Briefing
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: Here’s Your Money Briefing for Wednesday, February 7th. I’m J.R. Whalen, for The Wall Street Journal. It’s that time of year to gather up all your paperwork and fill out your tax […]
What It Is, How To Detect and Prevent It
The phone rings and a recording says you owe the IRS back taxes and have to share your credit card number to settle the balance. Or it’s the bank, warning you that your account has been compromised. These are just two examples of “vishing,” or voice phishing, a popular scam that can take place over […]
Should you buy a new or used car? Here’s how to decide
When you’re shopping for a car, one of the first decisions you have to make is whether to buy a new or used vehicle. It requires you to weigh numerous trade-offs and can easily become overwhelming. But CNBC Select breaks down the major pros and cons of either option so you can make the choice […]
How To Build Good Money Habits in 2024
New Year’s resolutions are easy. It usually goes like this: you make yourself a promise and forget about it by February. But if your 2024 resolution is to get better with money, forgetting about it might prove costly. It can be a monumental task to build healthy financial habits. Doing too much at the same […]
How To Save For Retirement Without A 401(k)
A 401(k) plan is a solid foundation for any retirement strategy. It comes with tax advantages and employers often match funds, helping to grow your nest egg faster. But not everyone can contribute to a 401(k): According to the Bureau of Labor Statistics, almost a third (31%) of private-sector workers don’t have access to an […]
How 529 College Plans Are About to Become Much More Valuable
529 plans have long been considered the best way to save for a child’s college education. Initiated in 1996, these state-sponsored investment accounts offer tax-free earnings and withdrawals to use for tuition and other qualified educational expenses. But that requirement — that the funds be used for education — has been a sticking point for […]
How to reduce AI bias, according to tech expert
Artificial intelligence has developed quickly over just the past year. However, the technology still faces a big problem that can have potential devastating real-world consequences — AI bias. People can have covert or overt biases against others based on various factors such as race, gender or income level. Since humans create AI models, AI bias […]
It’s easy to get 5% yields. How to soften the tax hit on your big income payers
Uncle Sam is about to take his share of those juicy yields you’ve been earning through 2023. This year, investors didn’t have to work terribly hard to get paid high yields from their income-paying investments. The Crane 100 Money Fund Index touts an annualized 7-day yield of 5.2%. For those willing to sacrifice some liquidity, […]
Gold Prices Just Hit a Record High — Here’s How To Invest
Gold prices hit a record high on Monday, with spot prices reaching just over $2,100 an ounce. A spot price is the value at which an asset can be immediately bought or sold. The price of gold peaked at $2,135.40 an ounce during Asian trading hours, according to Reuters, before dipping 2.3% to $2,022.99 later […]
How To Borrow Against Your Life Insurance
Taking out a loan on your life insurance policy can give you a quick infusion of cash, but only if you have the right kind of policy. And even if you can borrow from your policy, that doesn’t mean you should. CNBC Select explains how life insurance loans work and what you need to consider […]