In recent years, significant changes to retirement rules and tax laws have emerged, reshaping the landscape for tax planning and retirement savings strategies. Key regulations set to take effect in 2024 and 2025 will influence a range of stakeholders, including high-earners, employees, retirees, and individuals inheriting retirement accounts. This summary…

In today’s financial landscape, it makes sense to maximize the interest earned on funds that might otherwise sit idle in a checking account. While the national average interest rate on regular checking accounts hovers around a mere 0.08%, consumers can benefit from a breadth of options with high-yield checking accounts,…

Planning for retirement extends beyond merely strategizing around finances; recent findings indicate a significant number of retirees seek work for social and emotional fulfillment rather than economic necessity. According to a report by T. Rowe Price titled “Unretiring: Why Recent Retirees Want to Go Back to Work,” while 20% of…

The College Scholarship Service (CSS) Profile is a financial aid application administered by the College Board, the organization also responsible for the SAT and AP programs. Unlike the Free Application for Federal Student Aid (FAFSA), which is typically the first financial aid form that comes to mind for students, the…

In the wake of Hurricane Helene’s devastating impact in September 2024, which left at least 44 people dead across five states, many individuals are grappling with its financial repercussions, particularly concerning federal student loans. The end of the federal student loan on-ramp on September 30 marks a crucial moment for…

The recent Consumer Price Index (CPI) report from the Bureau of Labor Statistics indicates a continued cooling of inflation rates, which have dropped to an annual rate of 2.5% as of August. This decrease reflects the smallest increase in prices over a 12-month period since February 2021, down from 2.9%…

In a recent interview, Kyle Wool, CEO of Dominari Financial, shared insights on market performance following the Federal Reserve’s 50-basis point interest rate cut—its first since the onset of the COVID-19 pandemic in March 2020. The rate reduction has sparked renewed optimism among investors, as it promises lower borrowing costs…

Credible Operations, Inc. (NMLS Number 1681276), referred to as “Credible,” aims to equip consumers with resources and confidence to enhance their financial situations. While the company offers products from partner lenders that compensate them for their services, all opinions and analyses are independently formulated. A key feature of Credible is…

The Federal Reserve’s recent decision to cut the federal funds rate by half a percentage point reflects its ongoing efforts to navigate economic challenges, chiefly rising unemployment and a gradual return to the inflation target of around 2%. The rate adjustment brings the federal funds rate to a range of…

In a recent discussion about the American consumer landscape, Storch Advisors CEO Gerald Storch provided insights into the financial challenges facing many Americans as the holiday season approaches. A significant recent study by Edelman Financial Engines highlights that many Americans feel increasing pressure from rising living costs, notably due to…

Credible Operations, Inc., known as “Credible,” aims to equip individuals with the resources and confidence necessary to enhance their financial situations, particularly in the realm of student loans. The company has established partnerships with lenders who compensate them for their services, but it maintains that all reviews and opinions presented…