Financial News
7 Steps to Improve Your Credit Score Right Now
Having a solid credit score is more important than ever. Read more... Investment Advisory Services offered through Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Securities offered through...
Why Keeping Your Money in the Stock Market Is Especially Important Right Now
Inflation is sky high, recession worries run rampant, and stocks are getting pummeled. Your first impulse may be to join the selloff, but it’s actually extra important that you keep your money invested right now. Read more...Investment Advisory Services offered...
How Much Can a Retired Person Earn Without Paying Taxes?
Many retirees plan to earn extra income to supplement their retirement spending. But how much can a retired person earn without paying taxes? Read more...Investment Advisory Services offered through Investment Advisor Representatives of Cambridge Investment Research...
‘I didn’t really understand the loan process.’ I borrowed $50K for culinary school, but now I owe $90K. At times I’ve only made $9 an hour, ‘and now the damage is done.’ How can I ever get out of debt?
I went to culinary school where I received a bachelor’s degree in culinary management. At the time in 2007, I didn’t know it would put me in $50K of debt.. Read more... Investment Advisory Services offered through Investment Advisor Representatives of Cambridge...
The IRS Just Boosted How Much You Can Contribute for Retirement
Healthcare ranks as one of the most pressing concerns for retirees, and with medical expenses rising every year, two out of three Americans worry about high healthcare costs in retirement. Models estimate that a retired couple at age 65 will need roughly $200,000...
Why savers are rushing to buy I Bonds in the last days of April
Savers might be looking at making $50 in interest in the next year if they set aside $5,000 in a one-year certificate of deposit. Read more... Investment Advisory Services offered through Investment Advisor Representatives of Cambridge Investment Research Advisors,...
A guide to Social Security spousal, ex-spouse and widow’s benefits
For the elderly, retirement income is typically composed of what the National Institute of Retirement Security calls the ‘three-legged stool’ — a combination of retirement savings from defined contribution plans such as a 401(k), a pension and Social Security...
How IRAs, 401(k)s and other retirement accounts are divided in a divorce
The financial implications of a divorce can certainly be complex to understand, and figuring out what happens to your retirement funds is no exception. Read more... Investment Advisory Services offered through Investment Advisor Representatives of Cambridge Investment...
House passes ‘Secure Act 2.0.’ Here’s what that means for retirement savings
The House of Representatives has passed a bill that will improve the retirement savings system for U.S. workers, moving it closer to becoming law. Read more... Investment Advisory Services offered through Investment Advisor Representatives of Cambridge Investment...
RMD Age Stands to Rise to 75 as House Passes Secure Act 2.0. Here’s What to Know.
The second major piece of retirement legislation in little more than two years advanced in the House on Tuesday, putting required minimum distributions in line to rise to age 75 over the next decade and increasing the limits on catch-up contributions to retirement...