Thanagon Karaket / EyeEm | EyeEm | Getty Images It’s almost time to turn the calendar over to a new year. And if you’re retired or have inherited a retirement account, that means you’re on deadline to take your required minimum distributions by Dec. 31. RMDs, as they are commonly known, are the minimum amount
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Black Friday has arrived. Certified financial planner Ted Jenkin, CEO and founder of Atlanta-based financial advisory firm oXYGen Financial, has some tips for people heading out to shop. To begin, there are several apps that can help you find the best deals, he said. With Flipp, plug in your zip code and the biggest discounts
If you hit the Mega Millions jackpot in Friday night’s drawing, don’t forget that good ol’ Uncle Sam will be hovering with palm out. After more than two months of twice-weekly drawings with no one matching all six numbers — your chance of doing so is 1 in about 302 million — the top prize
Hero Images | Getty Images No one is born knowing how to handle money. Smart money management has to be taught. Guess whose job that is? That’s right: parents. Yet teaching their kids about money is something most parents dread. Instead, they’d rather go to the dentist (39%), talk about sex (36%) or pay a
Petko Ninov | E+ | Getty Images Here’s something that will stoke your road rage: You’re spending thousands of dollars just getting to work. Residents in the Washington, D.C., metro area are coughing up $12,015 each year on average just driving to the office, according to an analysis by Clever Real Estate. The real estate
Getty Images If you’ve been racking your brain about where to retire on a budget, it might be time to think outside the U.S. A report by International Living, which publishes information about living overseas, lists destinations where you can coast through retirement on less than $30,000 a year. To be sure, retiring in a
Before and after shot of my student haircut experience. Diamaris Martino It can be a hair-raising experience to find a hair stylist that you trust. And even then you have to find one at a reasonable price that fits your budget. For example, the average cost of a haircut in New York state is now
Anyone planning to roll over all their assets from a traditional individual retirement account to a Roth version might want to pause before making the move. While Roth IRAs grow tax-free and withdrawals generally also are untaxed — and they come with no lifetime required minimum distributions, or RMDs — traditional IRAs have some potential
Samantha Vuignier | Getty Images Whether you’re resolving to cut your 2020 tax bill or save more for retirement in the new year, it’s time to start planning. It’s hard to believe, but we’re staring down at the third year under the new Tax Cuts and Jobs Act — the overhaul of the tax code
I love images | Cultura | Getty Images As consumers check out Black Friday car deals, there’s a good chance some of them will consider heading down a costly path. That is, they’ll go to trade in their existing car for a new one, even though the value of the trade is less than what’s