Prediction markets are booming. How to tax winnings is anyone’s guess
Polymarket banner outside the New York Stock Exchange on Oct. 7th, 2025. Kevin Stankiewicz | CNBC Prediction markets are booming, with monthly trading in the billions and a recent estimate from a consulting firm saying that the relatively new phenomenon could grow to $1 trillion by the end of the decade. That’s a lot of […]
How to claim money from ‘Trump accounts’ program
Tech CEO Michael Dell and his wife Susan pledged Tuesday to contribute $6.25 billion to so-called Trump accounts, a type of tax-advantaged savings account for children. The commitment will expand access to seed money for eligible children too old to qualify for the $1,000 grants that are set to come from the Department of the Treasury. With the additional funds, […]
How to talk to your adult children about their inheritance
Momo Productions | Digitalvision | Getty Images Older Americans really don’t like talking to their adult children about inheritances, a new study suggests. About two-thirds — 68% — of parents age 55 or older with at least $500,000 in investable assets haven’t told their grown children what they’ll inherit or if they’ll inherit anything at […]
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 prepare your portfolio for lower interest rates: top advisors
Compassionate Eye Foundation/Steven Errico The Federal Reserve cut its benchmark rate in September, and is now expected to announce two more cuts before the end of the year. In prior rate-cutting cycles, there has been plenty of upside potential for investors to boost earnings and balance risk as the Fed adjusts its policy stance. Still, “all in […]
How to trade record S&P 500 before it reaches bull market limit
There is more than enough focus on Wall Street about what the Fed will do next, and Friday’s weak nonfarm payrolls report will add to expectations for a rate cut. But maybe there is not enough planning among investors about what they should do to preserve the hefty gains embedded in market portfolios since the […]
Arnold Schwarzenegger on how to stay healthy at age 50, 60 and beyond
On film, Arnold Schwarzenegger has been tough to take down. But in real life, the actor and former governor of California has had his share of health issues that required surgery and replacement parts as he has aged. Through it all, he continues to work out — a daily regimen that includes a bicycle for […]
The market just gave investors a gift. Here’s how not to blow it
The stock market has come full circle from its April lows, with all of the losses suffered now recovered. For investors who long defied warnings about being over-exposed to U.S. stocks, especially with the dominant position of a handful of tech stocks in the S&P 500, the rebound in portfolios is a good opportunity to […]