Advisors

Greg Hinsdale | The Image Bank | Getty Images For registered investment advisors, advancements in artificial intelligence have brought to the surface lingering feelings of unease that many advisors have had since the robo-advising boom of the early 2010s. The AI explosion has dovetailed with Thomas Moore’s time as the director of Betterment for Advisors.

Eva-katalin | E+ | Getty Images It is common folklore, a fairy tale of sorts, that middle-class Americans received perpetual relief in the Tax Cuts and Jobs Act of 2017. First, property taxes generate 32% of state and local income, and U.S. median single-family home property taxes have risen by more than 25% since 2019.

Halfpoint Images | Moment | Getty Images Supporting aging parents is an extremely difficult situation that comes with both emotional and financial complications. The cost of long-term care insurance is a prime example. This insurance, essential for covering costs not typically included in standard health insurance or Medicare, such as nursing home stays or in-home

DETROIT, MI – APRIL 29: A fan trades a baseball card on the trade wall during the 2023 Topps Truck Tour promotion outside of Comerica Park during game one of a doubleheader between the Baltimore Orioles and the Detroit Tigers at Comerica Park on April 29, 2023 in Detroit, Michigan. The Tigers defeated the Orioles

Bill Stovall in his house in Cumming, Georgia. Every morning, Bill Stovall wakes up at around 8:30 a.m. The first thing he does is speak to his wife’s ashes, which are in a pink urn on his fireplace mantle. He keeps it brief. “I say: ‘Good morning. I miss you and I love you. I

In this article UAA Follow your favorite stocksCREATE FREE ACCOUNT Thomas Barwick | DigitalVision | Getty Images It’s tempting to follow the crowd when it comes to investing. While that may not always be wise, experts say one investment vehicle — exchange-traded funds — might be worth a second look now. “It’s been a huge

Getty Images Exchange-traded funds came in third among the top 10 investment products to grow in popularity with U.S. households from 2020 to 2022, according to a new survey. While individual stocks were the most commonly owned investment product, held by 43% of households in 2022, 18% of households invested in ETFs in the same

Stephanie Land Source: Simon and Schuster Stephanie Land’s daughter, Emilia, was 7 months old when Land was forced to leave her volatile life partner. What came next for the single mother was homelessness and food insecurity — but somehow, at the same time, Land also worked to finish her college degree and pursue a writing career.

Alexander Spatari | Moment | Getty Images Americans who move abroad still have a responsibility to file their taxes with the IRS, sometimes in addition to taxes paid in their place of residence. Unsurprisingly, the thought of renouncing their U.S. citizenship may have crossed their minds at least once. However, experts advise against the move.

Getty Images The IRS on Thursday announced higher federal income tax brackets and standard deductions for 2024. The agency has boosted the income thresholds for each bracket, applying to tax year 2024 for returns filed in 2025. For 2024, the top rate of 37% applies to individuals with taxable income above $609,350 and married couples

kate_sept2004 | E+ | Getty Images Whether you’re starting to invest or nearing retirement, there are several ways to use exchange-traded funds, or ETFs, to achieve your financial goals, experts say. An ETF is like a basket of individual assets, such as stocks or bonds, with shares that trade on an exchange throughout the day.

Tetra Images | Digitalvision | Getty Images Feeling the pressure of inflation and rising interest rates over the past few months, an increasing number of consumers have been making credit card payments 30 days late or more, according to the Federal Reserve Bank of New York’s latest Quarterly Report on Household Debt and Credit. That

Jimvallee | Istock | Getty Images This is the time of year when most companies hold their open enrollment periods, during which employees decide on their benefits for the next 12 months. You’ll likely have a window of just a few weeks to review health insurance plans, allocate your savings and review a host of

While Americans’ credit card debt levels have reached a record high of more than $1 trillion, their overall credit health has remained strong, according to a report from credit scoring company VantageScore.  Even with inflation, rising interest rates and concern about the overall economy, U.S. consumers still have room to spend. “The consumer is not

Getty Images For millions of people, it’s time to compare benefits and prices and pick health coverage on the Affordable Care Act health insurance marketplaces. Open enrollment on those plans started on Nov. 1 and typically lasts through Jan. 15, though that will be extended to Jan. 16 in 2024 due to a federal holiday.

Peshkova | Istock | Getty Images Fixed-income investing is entering an exciting new era, and investors should take notice. Decades of low interest rates, engineered by global central banks, have suppressed the bond market’s ability to generate attractive and reliable returns. But in recent quarters, we have witnessed a dramatic shift higher in interest rates,

Jitalia17 | E+ | Getty Images The U.S. Department of the Treasury announced Series I bonds will pay 5.27% annual interest from Nov. 1 through April 2024, up from the 4.3% annual rate offered since May. Tied to inflation, investors can claim 5.27% for six months — the fourth-highest I bond rate since 1998 —

Insta_photos | Istock | Getty Images Inheriting an individual retirement account can be a welcome surprise. But the gift comes with mandatory withdrawals for heirs and following the rules can be difficult, experts say. According to the Secure Act of 2019, certain heirs now have less time to deplete inherited accounts due to a change

Shapecharge | E+ | Getty Images The federal estate-tax exemption helps wealthy families avoid or reduce inheritance tax, but the clock is ticking on the size of this advantage. In 26 months, some families that pay no inheritance tax today face the potential for sizeable federal taxes unless benefactors act. Though few families have enough

Kate_sept2004 | E+ | Getty Images If you’re itching to save more into your 401(k) for 2023, your plan may have a feature that allows you to bypass the yearly deferral limit. For 2023, you can funnel $22,500 into your 401(k), plus an extra $7,500 if you’re 50 or older. But so-called after-tax contributions can