Francesco Carta Fotografo | Moment | Getty Images When it comes to cryptocurrency like bitcoin, new investors are often motivated by friends to take the plunge, according to a new study. But that might hold traps for the unwary, experts warn. “I don’t imagine friends are talking about when they lost money,” said Lee Baker,
Advisors
Money remains a taboo subject for many people — especially when it comes to discussing finances with the important people in their lives. Almost two-thirds of couples believe they’re “financially incompatible,” meaning their spending, investing and saving habits aren’t aligned, according to a recent survey. This disparity can lead to uncomfortable situations like not wanting
Republican Sen. Bill Cassidy of Louisiana speaks to the press on Capitol Hill on Feb. 10, 2021. Nicholas Kamm | AFP | Getty Images Social Security’s trust funds have a new projected depletion date that is about a decade away. Sen. Bill Cassidy, R-La., revealed during a Tuesday webcast hosted by the Bipartisan Policy Center
At Winooski High School in Winooski, Vermont, students in Courtney Poquette’s personal finance class are learning about money management, including figuring out how they can afford items they may want to have in their first apartment. “You’re going to have to buy all of the things that you want,” she explains to her students. “And
Prostock-Studio | Istock | Getty Images If you’re eager to funnel as much as possible into your 401(k), some plans have a special feature to save beyond the yearly deferral limit. The 2023 deferral limit for 401(k) plans is $22,500, plus an extra $7,500 if you’re age 50 or older. But an under-the-radar option, known
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