Kiplinger3 min read
So, You Want to Start a Foundation? Great!
For some business owners, the American dream is more than the freedom to achieve prosperity. To these entrepreneurs, it is the ability to have a real impact on individuals in meaningful ways. Often, they accomplish these goals by starting some kind o
Kiplinger4 min read
Should You Help Your Grandchild Buy a Car?
Does the thought of your grandchild behind the wheel of a potentially lethal weapon send chills up your spine? In my case, it brings tears to my eyes! If your grandchild has started to talk about having their own car or driving yours, it's time to t
Kiplinger6 min read
What You Need to Know About the Shadow Banking System Now
The term "shadow banking" often elicits thoughts of shady back-alley dealings and loan sharks waiting to take drastic measures against debtors who can't pay. While that makes for an interesting story, it couldn't be further from the truth. Most cons
Kiplinger10 min read
10 Growth ETFs to Buy for Backside Protection, Too
Growth exchange-traded funds (ETFs) are as straightforward as they sound: They're portfolios of growth stocks. By definition, a growth stock is any company with an above-average growth profile. In other words, they are companies whose revenues and ea
Kiplinger4 min read
For Every Investment, There Is a Season, So Tend Your Portfolio with Care
When I was a boy, working with my mother in her flower gardens helped shape my appreciation for how the different seasons dictate growth. As the weather changed in Cincinnati -- from brutal winter to beautiful spring to blazing hot summer to lovely
Kiplinger4 min read
As a 30- or 40-Something, Can You Count on Social Security?
Chatter about how close the trusts that fund the Social Security program are to running out of money -- and whether lawmakers will step in and adjust the rules around benefits and taxes to ensure those trusts maintain their balances -- is nothing ne
Kiplinger6 min read
5 Top-of-the-Line T. Rowe Price Mutual Funds
T. Rowe Price (TROW) employs more than 600 investment professionals who manage nearly $1.1 trillion for investors in 49 countries. But when you visit the Baltimore headquarters, you still get a feel of the firm as a small, collegial group that enjoys
Kiplinger4 min readTech
What Is My Liability For A Data Breach?
It seems like we read about a major data breach occurring almost every other day. From credit card information and PIN codes stolen from some of the largest retailers in America to very personal health records, data of all kinds is falling into the
Kiplinger3 min read
How Much Can You Contribute to a Solo 401(k) for 2019?
A solo 401(k), also known as an individual 401(k) or a one-participant 401(k), is designed for self-employed people who have no employees other than a spouse. The plan allows these small-business owners to salt away much more for retirement than they
Kiplinger3 min read
How Much Can You Contribute to a SEP IRA for 2019?
A Simplified Employee Pension IRA, or SEP IRA for short, is a good option for self-employed workers and small-business owners who want an easy and inexpensive retirement plan. A SEP IRA is also generous, allowing retirement savers to put away much mo
Kiplinger5 min read
Should You Supplement Your Traditional 529 with a Private 529 College Plan?
When it comes to the college savings conversation, I usually stick with suggesting the traditional 529 plan when helping people choose the right savings and investment vehicle for the goal of funding higher-education costs. Being in New York gives m
Kiplinger3 min read
How to Know You're in the Retirement 'Red Zone'
Planning for retirement isn't necessarily based on what age you would like to retire. The primary consideration should be this: At what income can you retire comfortably? This is no minor matter -- you're replacing a paycheck you've received for man
Kiplinger4 min read
Investing With A Conscience: The Rise Of ESG And What Really Matters To Investors
Socially responsible investing has really blossomed in the past few years. What used to be viewed as a niche investment philosophy is now firmly planted in the mainstream, with everyday consumers using their dollars to support companies that align wi
Kiplinger3 min read
How Much Can You Contribute to the Thrift Savings Plan for 2019?
Employees of the federal government and members of the military can save hundreds of dollars more for retirement this year thanks to an increase in the contribution limits for the Thrift Savings Plan. The maximum amount you can contribute to a TSP a
Kiplinger4 min read
4 Steps to Effectively Transition or Sell Your Business
Did you know 70% to 80% of middle-market, closely held businesses put on the market do not sell? And 83% of businesses lack a formal, written transition plan? I've had many discussions with middle-market business owners about planning for the future
Kiplinger17 min read
The 19 Best Stocks To Buy For The Rest Of 2019
The past year has been exciting, if not a little stomach-churning. A raucous 25% rally to start the year unwound a miserable last few months of 2018, but that big advance has been chopped by one-third just since the beginning of May. Thus, when picki
Kiplinger3 min read
How Much Can You Contribute to a SIMPLE IRA for 2019?
A Savings Incentive Match Plan for Employees IRA, or SIMPLE IRA for short, is a retirement plan designed for small businesses with 100 or fewer employees. Though a SIMPLE IRA is an easier and less expensive plan for employers to set up than a traditi
Kiplinger32 min read
50 Great Places for Early Retirement in the U.S.
Early retirement can be more than just a daydream for those long Tuesday afternoons at work. With some smart planning, you can make leaving the workforce early a reality. You just have to keep in mind the unique challenges facing early retirees. Firs
Kiplinger28 min read
The Berkshire Hathaway Portfolio: All 48 Buffett Stocks
When folks think of the Berkshire Hathaway (BRK.B) portfolio and its collection of holdings, most of which were selected by Chairman and CEO Warren Buffett, the companies that most readily come to mind are probably American Express (AXP), Coca-Cola (
Kiplinger6 min read
10 Financial Commandments for Your 30s
Your finances might have felt like a plague in your 20s, but thou shalt thrive throughout your 30s and beyond. Our list of Financial Commandments for your 20s helped you find your financial footing and establish a solid foundation. Now that you're ol
Kiplinger7 min read
10 Financial Commandments for Your 20s
Thou shalt not be broke forever. It just may feel that way when you're first starting out on the road to financial independence. Managing your finances for the first time can be overwhelming--what with the daily expenses, big-ticket costs such as hou
Kiplinger3 min read
Secure Act Calls for Changes to IRAs, RMDs
On the cusp of Memorial Day weekend, the house passed what could be a landmark retirement law, affecting workers, retirees and heirs alike. The legislation may shake up the rules for IRA contributions and required minimum distributions and upend many
Kiplinger4 min read
Don't Be Fooled: 5 Steps to Help Avoid Financial Scams
Scam artists are more prevalent now than ever. In fact, Americans reported losing $1.5 billion to fraud in 2018, up 38% from 2017, according to the Federal Trade Commission. And in today's information age, when much of our financial life is managed t
Kiplinger8 min read
IRS Reform Bill: 12 Ways the IRS Would Be More Taxpayer-Friendly Under the Taxpayer First Act
Let's face it...the IRS isn't the most popular government agency out there. It's not just that they take your money. They also have a (undeserved?) reputation for tough stances on deductions and credits, aggressive tax collectors, poor customer servi
Kiplinger3 min read
How Much Can You Contribute to a 457 Retirement Plan for 2019?
Employees of state and local governments can stash more money in their 457 plans this year, building bigger nest eggs for retirement. The maximum amount you can contribute to a 457 retirement plan in 2019 rose by $500 to $19,000, including any employ
Kiplinger4 min read
How Much Can You Contribute to a 403(b) for 2019?
Public school teachers, church staff, not-for-profit hospital workers and other employees of nonprofits are eligible to sock away thousands of dollars each year in a 403(b) retirement plan at work. The maximum amount an employee can elect to contribu
Kiplinger6 min read
5 Safe Ways to Earn 3%
It seems like forever ago, but the average 12-month certificate of deposit (CD) used to yield well more than 5%. In fact, prior to the tech wreck of 2000 - and the start of two decades of experimental monetary policy by the Federal Reserve - 5% would
Kiplinger2 min read
Medicare Premiums Snafu Affects 250,000 Social Security Recipients
It seems like the simple, hassle-free way to pay your Medicare premiums: Have them withheld from your Social Security benefits. But now, about 250,000 seniors who opted to have their Medicare premiums taken out of their Social Security checks are get
Kiplinger4 min read
Retirees: Go Ahead and Spend More in the Go-Go Years
The investment industry is famous for focusing on "return on investment," but when it comes to your retirement nest egg, there's more to consider than simply saving money and earning a return on investments. This singular focus has a significant fla
Kiplinger5 min read
Are You Forcing Unintended Consequences on Your Heirs?
When building an estate plan, the primary focus is typically how to transfer assets to heirs. Often it's split equally, and sometimes it's not. Regardless, most individuals don't consider the outcome it creates for the beneficiaries. Ideally, the
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