Category: personal finance

What Are Your Employee Benefits Really Worth?

Benefits make up more than 30 percent of the typical job’s compensation, according to the U.S. Bureau of Labor Statistics. But figuring out what your benefits are worth isn’t always easy. You may need to do a little digging to find how much your employer contributes toward health insurance, retirement plans and other perks. Some…


Retirement: Understand the Trade-Offs of Medicare Plans

By Kimberly Lankford From Kiplinger’s Personal Finance Enrolling in Medicare, which you can do starting at age 65, comes with a series of decisions for getting the most out of your health care coverage. One of the first decisions you’ll have to make is whether to enroll in original Medicare or a private Medicare Advantage…


Buying or Selling a Home When Mortgage Interest Rates Are High

During these days when mortgage interest rates are high and the future of refinance rates unpredictable, you may be wondering whether you should buy or sell a home—or wait until better economic times. It may surprise you to know that now could be a good time for either move. Advantages of Selling Your Home When…


5 Ways to Navigate Today’s Investing Challenges

Pandemic repercussions, a war in Europe, disrupted supply chains, the Great Resignation, rampant inflation, and a potential recession—there are many things threatening the ability to invest at the moment. With so many uncontrollable challenges, many investors are unsure how to proceed without putting their wealth at even greater risk in an uncertain future. If you’re…


Gifts With a Big Payout for Children

By Lisa Gerstner From Kiplinger’s Personal Finance For the children on your gift list this holiday season, you can buy the latest gadgets or fashions—items they may not even recall a year later. Or with $1,000, you can invest in the younger generation’s future with these three ideas that can have a much longer lasting…


Closing Prices for Crude Oil, Gold and Other Commodities (Nov. 4)

Benchmark U.S. crude oil for December delivery rose $4.44 to $92.61 a barrel Friday. Brent crude for January delivery rose $3.90 to $98.57 a barrel. Wholesale gasoline for December delivery rose 4 cents to $2.73 a gallon. December heating oil rose 4 cents to $3.91 a gallon. December natural gas rose 42 cents to $6.40…


What Is Wealth Management?

Most people want their money and possessions to grow. Or at least they want their assets to hold their value. Wealth management helps to do just that. It takes a holistic or integrated approach to manage your overall assets and financial plans. Through a wealth manager, you can review and make decisions to grow your…


Private Eyes–How Government Makes Your Bank Spy on You

When you open a bank account, do you surrender all rights to your privacy and personal data? Today, the answer is yes. The Bank Secrecy Act of 1970 (BSA) and subsequent amendments mandated that your bank must inform the federal government about any customer’s transactions that they consider suspicious, however broadly defined that may be,…


How Government Makes Your Bank Spy on You

When you open a bank account, do you surrender all rights to your privacy and personal data? Today, the answer is yes. The Bank Secrecy Act of 1970 (BSA) and subsequent amendments mandated that your bank must inform the federal government about any customer’s transactions that they consider suspicious, however broadly defined that may be,…


How Shortcomings in Credit Scoring and Tax Processing Affect Consumers

There are nearly 50 million consumers in the United States without a firm credit score, leaving them financially fragile. Those same people are impacted by a massive IRS backlog of paper 1040s, leading to delayed tax returns. However, a few initiatives could help turn those circumstances around. Even if you generally feel well-to-do, it’s a…