Personal finance

President Donald J. Trump signs the Tax Cut and Reform Bill in the Oval Office at The White House in Washington, DC on December 22, 2017. Brendan Smialowski | AFP via Getty Images There’s tax uncertainty heading into 2025 as Congress prepares to negotiate President-elect Donald Trump‘s economic agenda. But there could be lessons for

Eleganza | E+ | Getty Images If you’re considering a Roth individual retirement account conversion, your tax bracket could help you decide whether the move makes sense. Roth conversions transfer pretax or nondeductible IRA funds to a Roth IRA, which can begin tax-free growth. The trade-off is paying upfront taxes on the converted balance —

The Federal Reserve is expected to lower interest rates by another quarter point at the end of its two-day meeting on Dec. 18. That would mark the third rate cut in a row — altogether shaving a full percentage point off the federal funds rate since September. So far, the central bank has moved slowly as they recalibrate policy after

A customer walks by a display of fresh eggs at a grocery store on Sept. 25, 2024 in San Anselmo, California. Justin Sullivan | Getty Images It’s déjà vu for grocery shoppers, as the price of those Grade A eggs has spiked in recent months, just two years after egg prices soared to record highs.

Mark Zandi, chief economist of Moody’s Analytics, testifies during the Senate Budget Committee hearing titled “The Default on America Act: Blackmail, Brinkmanship, and Billionaire Backroom Deals,” in Dirksen Building on Thursday, May 4, 2023.  Tom Williams | Cq-roll Call, Inc. | Getty Images The economy is doing “exceptionally well” as President-elect Donald Trump gets ready