By David Rodeck From Kiplinger’s Personal Finance The auto insurance market, like the rest of the economy, is dealing with the aftermath of a global pandemic and soaring inflation. “Insurers went from record profits in 2020 to record unprofitability,” says Adam Pichon, general manager of auto insurance at LexisNexis, a data analytics firm. “Many insurers…
Family Finances: Reshopping Auto Insurance in a High-Inflation World
IRS Issues Long-Awaited Clarification on Taxing Stimulus Checks After Urging Americans to Delay Filing
The Internal Revenue Service (IRS) has at long last issued guidance about how to handle state stimulus payments, which comes about a week after it issued an alert advising millions of taxpayers to delay filing tax returns until it provides “additional clarification” about the payments’ taxability. In a statement issued late Friday, the IRS said that…
‘Bridge’ Your Way to Social Security
Delaying the start of Social Security benefits is a powerful way for retirees to cope with inflation, survive bad investment markets and reduce the risk they’ll run short of money. The advantages of waiting are so great that financial planners often recommend their clients tap other savings, such as retirement funds, to help them delay…
Closing Prices for Crude Oil, Gold and Other Commodities (Feb. 10)
February 10, 2023
admin
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for March delivery rose $1.66 to $79.72 a barrel Friday. Brent crude for April delivery rose $1.89 to $86.39 a barrel. Wholesale gasoline for March delivery rose 5 cents to $2.50 a gallon. March heating oil rose 4 cents to $2.86 a gallon. March natural gas rose 8 cents to $2.51…
Kraken Settles With SEC for $30 Million and Will Close US Crypto Staking Operations
February 10, 2023
admin
Business & MarketsCompaniescrypto exchangecryptocurrencyeconomic policieseconomyInvestmentJudiciaryKrakenMarketspersonal financePolicies & ImpactsSECUS
0 Comment
The Securities and Exchange Commission (SEC) settled a case with the cryptocurrency exchange Kraken, as it cracked down on one of its U.S. operations. Kraken agreed to shut down its cryptocurrency staking service and paid a $30 million fine to settle charges that it failed to register the offer or sale of the program, the SEC…
Retirement Income Distribution Strategies
February 10, 2023
admin
BrightbudgetingFuture Planningincome distribution planinvestingpersonal financeretirementRetirement Income
0 Comment
During pre-retirement, most people are in saving mode. They’re putting away as much money as they can before leaving the workforce. Sitting down with financial advisors to develop an accumulation strategy is paramount. But that’s not the only financial strategy that should be devised. Retirement income distribution should be part of the strategy. Taking funds…
How Much Retirement Income Can I Make Without Paying Taxes?
Paying taxes was something you did most of your life. Now that you are getting closer to retirement, you dream of a time when taxes are no longer something you have to pay. Besides, you want to keep as much of your retirement savings and Social Security in your pocket as you can. Although it…
Millennial Money: 6 Ways to Move out of Your Parents’ House
Nearly a quarter of millennials (22 percent) are living with their parents, and more than half of those living with them (55 percent) made the move in 2022, according to a December survey from PropertyManagement.com. Many said they’re back home due to high rent, money concerns or job losses—and 9 in 10 say they would…
Closing Prices for Crude Oil, Gold and Other Commodities (Feb. 9)
February 9, 2023
admin
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for March delivery fell 41 cents to $78.06 a barrel Thursday. Brent crude for April delivery fell 59 cents to $84.50 a barrel. Wholesale gasoline for March delivery fell 1 cent to $2.45 a gallon. March heating oil fell 7 cents to $2.82 a gallon. March natural gas rose 3 cents…
A Closer Look at the Fair Tax Act
February 9, 2023
admin
BrighteconomyFair Tax Actincome taxIRSpersonal financePolicies & ImpactstaxUSUS NewsWealth Management
0 Comment
The Fair Tax Act of 2023 is not a new idea. It was first proposed to the House of Representatives in 1999. Since then, it has been brought up again before Congress several times—this time by the Republicans in January 2023. The main idea behind the Fair Tax Act, says FairTax, is to eliminate the…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta