Wealth Management

Hispanolistic | E+ | Getty Images Many investors are likely still deciding whether to stay in bitcoin or reduce their profits from the last bull run to new all-time highs. So, after a strong year for bitcoin, it could be time for investors to weigh rebalancing their portfolio by shifting assets to align with other

Skynesher | E+ | Getty Images When it comes to financial resolutions for 2025, there’s one goal that often lands on the top of the list — paying down debt, according to a new survey from Bankrate. That’s as a majority of Americans — 89% — say they have a main financial goal for 2025,

Eyecrave Productions | E+ | Getty Images Buying a house is not easy or cheap, especially in today’s market.  But while it’s too soon to tell whether the housing market is going to favor buyers or sellers next year, some areas will offer more favorable market conditions than others, according to a new report by

Ivan Pantic | E+ | Getty Images With the Federal Reserve’s recent moves to lower interest rates — and further cuts on the horizon — some federal student loan borrowers are wondering if now is a good time to refinance. “We are already seeing more borrowers tempted to refinance their federal loans,” said Betsy Mayotte,

Fcafotodigital | E+ | Getty Images If you’re eager to save more for retirement, it’s not too early to boost 401(k) plan contributions for 2025, financial experts say. For 2025, you can defer up to $23,500 into 401(k) plans, up from $23,000 in 2024. For workers age 50 and older, the 401(k) catch-up contribution remains

Digital assets have rallied since the November U.S. election — with bitcoin notching a new high above $107,000 on Monday — and continue to gain ground as President-elect Donald Trump details his pro-cryptocurrency policy plans.  Still, many financial advisors remain wary.  “As traditional long-term planners, we currently do not incorporate crypto in our portfolio allocations,”

US President Joe Biden speaks during an event in Madison, Wisconsin, US, on Monday, April 8, 2024.  Daniel Steinle | Bloomberg | Getty Images With weeks to go before President-elect Donald Trump takes office, the Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans. The U.S. Department of

Tetra Images | Tetra Images | Getty Images As year-end approaches, there’s still time to slash your 2024 tax bill or boost your refund, financial advisors say.   Typically, you can expect a tax refund when you overpay taxes throughout the year. Alternatively, you get a tax bill when you haven’t paid enough. Most 2024 tax

Pixdeluxe | E+ | Getty Images As the Federal Reserve prepares to lower interest rates once again at the end of its two-day meeting this week, Americans’ assessments of the future are improving. Although a prolonged period of high inflation took a toll on household budgets, consumers are feeling increasingly optimistic about their financial situation, according to a

Cavan Images | Cavan | Getty Images Last month, Congress moved to take rare bipartisan action to change certain Social Security rules. The House of Representatives on Nov. 12 passed the Social Security Fairness Act by an overwhelming 327 to 75 majority. The proposal would eliminate rules that reduce Social Security benefits for those who