As tax filing season approaches, the IRS warns taxpayers to watch for scams that can cause identity theft, financial loss, or criminal penalties. The agency’s "Dirty Dozen" list, published annually since 2002, highlights 12 common tax schemes. Phishing and smishing:...
Tax-deferred retirement savings accounts, including IRAs and employer-based plans, are an appropriate way to build assets. Your accounts can potentially grow without losing ground to income taxes each year, and depending on the account type and your income level, you...
On April 2, 2025, President Trump announced sweeping tariffs that were larger and different in structure than expected. Over the next two days, the S&P 500 Index plunged by 10.5%. The Dow Jones Industrial Average lost 9.3%, and the tech-heavy NASDAQ Index dropped...
Source: World Economic Forum, 2025 Rapid developments in artificial intelligence (AI) have left workers wondering when their jobs might be significantly affected or even eliminated. One international survey found that it won't be long — 86% of employers across the...
The ever-growing threat of sophisticated phishing attacks and massive data breaches linked to password security has put more focus on the need for new authentication solutions. Enter passkeys, considered a more secure and easier-to-use option that eliminates the need...
kAre you a middle-aged adult juggling raising children and providing care for an aging parent? If so, you’re not alone. Welcome to the "sandwich generation," a growing group of people supporting both their children and elderly parents at the same time.While caring for...
As 2025 comes to a close, now may be the ideal time to review your tax strategy and find potential opportunities. The steps you take before the end of the year might help you reduce your tax bill. Here are some ideas to consider. Save now, have more later: If you're...
Source: Giving USA Foundation, 2017–2025 U.S. charities received a record $592.50 billion in 2024, an increase of 6.3% over 2023, driven by a strong stock market and healthy economy. Due to generous giving and lower inflation, this was the first year since 2021 that...
In investing, "time horizon" refers to the amount of time you have to pursue a financial goal. Along with that goal and your tolerance for risk, your time horizon is one of three key factors that typically help determine the mix of investments in your portfolio. In...
Source: U.S. Bureau of Economic Analysis, 2025 Tariffs and concerns about the U.S. trade deficit focus on trade in goods, so the importance of trade in services is often overlooked. In 2024, trade in services accounted for 27% of all U.S. international trade...
