Month: January 2023

Homes in Rocklin, California, US, on Tuesday, Dec. 6, 2022. A record number of homes are being delisted as sellers face a sharp drop in demand, according to real estate brokerage Redfin. David Paul Morris | Bloomberg | Getty Images Sales of previously owned homes dropped 1.5% in December from the previous month, according to
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Source: Getty Images If you made a Roth individual retirement account conversion in 2022, you may have a more complicated tax return this season, experts say.  The strategy, which transfers pretax or non-deductible IRA funds to a Roth IRA for future tax-free growth, tends to be more popular during a stock market downturn because you
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Billionaire Larry Ellison’s $173 million Palm Beach estate topped the list last year, along with a $100 million Malibu dream house bought by media mogul Byron Allen and a $75 million Beverly Hills mega-mansion owned by rap superstar Drake. The luxury real market in America saw many record-breaking sales in 2022, including several north of
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Whether by choice or necessity, many workers will change jobs in the months ahead. Some companies, particularly tech giants, have been announcing deep cuts to their workforces as they face ongoing challenges due to rising interest rates and inflation. Most recently, Google said that it will lay off 12,000 people, Amazon announced a fresh wave of job
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SECURE 2.0 was part of the Consolidated Appropriations Act, 2023. It introduces a significant number of changes to contributions, simplicity of participation, and the date for beginning Required Minimum Distributions (RMD). However, one interesting twist is a provision that allows a 529 education plan to be rolled into a Roth. Aside from a great opportunity
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The looming federal debt crisis gets more worrisome this week, as the Treasury Department will start taking “extraordinary measures” to pay our bills. Although those measures can buy several months of temporary relief, President Biden ultimately may have to take unilateral action to avoid a fiscal and economic meltdown. Without those measures, on Thursday the
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New York, NY. – December 7th. Portrait for a profile on Fanatics founder & CEO Michael Rubin at his office in downtown NYC. The Washington Post | Getty Images Fanatics is in discussions to acquire the BetParx sportsbook, as the sports merchandising company looks to take a bigger position in sports betting, according to people
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