Personal Finance
Latest Personal Finance News
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…
What Are Pre-Tax Benefits and Deductions?
When evaluating a job offer, salary isn’t the only factor to consider. Pre-tax benefits can have a big impact on…
Do Retirees Need an Umbrella Insurance Policy?
Umbrella insurance serves as supplemental liability coverage that activates when your standard policies reach their limits. Retirees often find this…
6 Tax Benefits of Having a Child: Credits and More
The IRS offers a number of tax benefits that support families. These opportunities can help you keep more of your…
7 Things to Know About Social Security Survivor Benefits
Social Security is not just a benefits program for retired workers. It also provides essential support to nearly 5.8 million…
Self-Employed vs. Business Owner: Tax Differences
While the terms “self-employed” and “business owner” are often used interchangeably, the IRS views them differently. Self-employed individuals typically work…
5 Safe Investments for Retirees: Types and Examples
After decades of building wealth, retirees often prioritize preserving capital, generating steady income and reducing exposure to market volatility. So…
