Personal Finance
Latest Personal Finance News
Standard Mileage Deduction: Requirements, Rate and Examples
If you use your personal vehicle for business or other specific needs, you may be eligible to claim the standard…
What Are the Pros and Cons of a Defined Benefit Plan?
Defined benefit plans, often referred to as traditional pensions, offer a reliable stream of income in retirement. These plans can…
California vs. Florida: Which Is Better for Taxes?
When comparing California vs. Florida for taxes, the absence of a state income tax in Florida often draws attention. However,…
5 Investments for Retirees and Examples of Portfolios
Choosing investments for retirement means finding the right balance between safety and growth. You want a mix that can handle…
New Jersey vs. New York: Which Is Better for Taxes?
Comparing New Jersey vs. New York taxes highlights differences in how income, property and sales taxes affect residents on both…
7 Fixed-Income Investments for Retirees to Consider
As retirement gets closer, many investors focus more on protecting their money than growing it. Fixed-income investments can help by…
LLC vs. Corporation: How to Decide for Your Business
Choosing between an LLC and a corporation can affect how you pay taxes, raise money, handle paperwork and manage your…
How to Live Off of Dividend Income as a Retiree
Many retirees live off dividend income because dividends from strong companies can grow over time. While annuities and bond funds…
Tax-Exempt Interest Income Examples
Certain investments, such as municipal bonds, can generate interest that is exempt from federal, and sometimes even state and local,…
Is $2 Million Enough for a Couple to Retire?
Approaching retirement with $2 million in savings puts many couples in a strong financial position. But is $2 million enough…
