The Social Security Administration announced a 2021 Cost of Living Increase of 1.3% on Oct. 13, 2020. Whether you’re currently working or enjoying retirement, here’s how you may be affected.
The stock market has fallen almost 10% since the beginning of September, so it is understandable that investors may be concerned by a possible market correction. However, in the long run, despite endless causes for concern, investors are usually rewarded for having the fortitude to stay invested.
Stocks have been up — but unemployment has also risen. Why is that? Here, we break down the major differences between the stock market and the economy.
With more free time recently, many people are looking to update their finances and important life documents. Here are four estate plan details you should focus on.
During retirement, your wealth needs to last for the rest of your life. Avoid paying more taxes than you need to by keeping these four tips in mind throughout the year.
IRS inflation adjustments are meant to ease federal taxes for taxpayers. It pays to know the most recent changes, which you can use to prepare for the 2020 tax year.
From record low gas prices to more expensive groceries, COVID-19 has changed the modern consumer experience. As life returns to normal, here are 4 markets where we'll see price changes.
Investors and economists have been squarely focused on the spread of the new coronavirus, officially referred to as COVID-19, and its impact on the global economy. Government efforts to contain the spread of the virus have already impacted economic activity in China and other parts of the world, creating significant economic uncertainty. This has resulted in a stock market pullback over the past two weeks that some have referred to as the "coronavirus correction" and "virus volatility." While much ink has already been spilled on the topic, investors naturally still have many questions about what lies ahead from a long-term perspective.