As 2023 winds down, strategies for reducing the tax bite come to mind. And exchange-traded funds can play a vital role in helping with this all-important task. Tax-loss harvesting is a common method for using investment losses to offset taxable gains or earned income. Under current U.S. tax laws, realized losses can be used dollar … Read more
Workers may have jobs where they pay into Social Security or earn pension benefits. When they have both, their Social Security benefits may be adjusted to reflect that. There’s growing support in Congress to either revise those rules or eliminate them altogether. Araya Doheny | Getty Images When Dave Bernstein, 87, started working at the … Read more
[The world of AI technology is rapidly accelerating at breakneck speeds, even as it is still in its relative infancy and still being largely experimental. The fact that it is quickly making waves everywhere, already breaking new ground, and early product iterations are being adopted at a meteoric pace is a testament to its usefulness … Read more
When Will the Fed Stop Raising Rates? That’s the Trillion-Dollar … The Wall Street Journal Source link
As the economic forecast has mostly shifted from recession to soft landing, experts at firms who landed on this year’s CNBC FA 100 list are still watching for a downturn. Despite those forecasts, here’s where they see opportunities for gains in stocks, bonds and cash. Shoppers at a Chicago grocery store on Aug. 9, 2023. … Read more
About 23% of Americans over age 65 live in poverty, according to the Organization for Economic Co-operation and Development. That’s one of the highest shares among developed nations. U.S. Census data suggests a smaller share of the elderly are poor, and that old-age poverty nationwide has been falling. Experts say tweaks to Social Security benefits … Read more
