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As you near your targeted retirement date, you’re likely anticipating all the upsides of not being tethered to a 9 to 5 anymore, such as taking mornings at your own pace, spending more time with your significant other and pursuing various hobbies to your heart’s content. And while those things are fun to consider, they’re merely perks of retirement — not what fuels it. By Cynthia Measom Be Aware: The Biggest Problems Facing Social Security Find Out: All You Need To Know About Collecting Social Security While Still Working...

There’s no way around the fact that the best time to maximize your Social Security payments is before you retire, not after you’ve already filed for benefits. That is the time when you can accumulate the most credits and devise a strategy that incorporates Social Security with your other retirement savings. But if you’ve already started claiming Social Security, there are a few limited instances in which you can increase your earnings....

Facebook entered 2021 on the heels of a year that was both highly controversial and highly profitable. In those respects, the new year wouldn’t be much different than 2020 — but both the challenges and opportunities that greeted Facebook in 2021 were unlike anything the company had experienced before. Here’s a look back on the key moments that defined the year for Mark Zuckerberg and the tech giant he built....

The IRS announced on May 20 that it would be raising interest rates beginning July 1, 2022. The interest rate increase would apply to overpayments and underpayments of quarterly taxes. Generally speaking, these changes typically apply to corporations, 1099 independent contractors and self-employed people who have to pay quarterly estimated taxes. Interest rates are calculated quarterly based on the federal short-term rate. By Dawn Allcot Discover: The Best Cities To Retire on $2,000 a Month More: Stimulus Updates To Know for Spring 2022...

Billionaire entrepreneur Mark Cuban has long touted the viability of bitcoin, and despite the cryptocurrency’s volatility, he believes it’s a better investment than gold. By Gabrielle Olya “If you have gold you’re dumb,” Cuban said on the “Club Random with Bill Maher” podcast. “It’s not a hedge against anything. Gold is a store of value and so is bitcoin. You don’t own the gold bar, and if everything went to hell in a handbasket and you had a gold bar, you know what would happen?...

Ever need a pair of sandals in the middle of winter for a beach vacation or a heavier coat at the beginning of summer for unseasonable weather? Those living in parts of the country that experience all four seasons might know this common shopping dilemma as “off-season” scrounging. Traditional retail stores usually won’t have this type of merchandise to purchase during these off-times, so what do you do? By Selena Fragassi See: 5 Ways To Cut Your Holiday Spending in Half in 2022Find: If Your Credit Score Is Under 740, Make These 4 Moves Now...

In recent years, resale sites like Poshmark, eBay and Facebook Marketplace have become hugely attractive to buyers looking for good bargains and hard-to-find collectibles. They’re also a seller’s paradise, a way to unload items around the house and make some money, too. But, if you are one of those sellers, here’s a warning: You might owe more in taxes in 2023. By Selena Fragassi See: 6 Types of Retirement Income That Aren’t TaxableHoliday Spending: Get Top Holiday Shopping and Savings Tips...

Grocery prices are soaring and, regardless of the impact of inflation, few of us are seeing our paychecks get any fatter. So the pressure is on to make the most of our money. This means resisting impulse buys, digging up coupons (and coupon codes) and keeping informed about where the best sales are happening. It also means hitting up bargain retailers for our food staples, including Walmart. But is Walmart, in particular, always the smartest bet?...

The federal stimulus program that sent a payment of up to $1,400 per person in 2021 finally wrapped up this week, as the IRS announced that all third-round payments had been distributed to eligible Americans. But there’s still a chance you might qualify for another payment now that the 2022 tax season is underway. By Vance Cariaga See: Stimulus Checks Totaled Over $850 Billion — See How That Money Was Spread OutFind: Stimulus Update — What COVID-Era Programs Will Continue in 2022?...

The online consignment and thrift store thredUP offers a way to make cash off items from your closet. Sounds easy enough, but some items will score a much bigger payday than others. Depending on what’s trending, how hard the item is to find and its original monetary value, items can net you as much as 80 percent of the original selling price. Not bad, especially if you got the piece as a gift....

If you feel like you can’t get ahead, get organized, or get out of a rut in your professional life no matter how hard you work, it might be time to borrow some winning habits from the people who made it to the top. Some of the highest-earning CEOs on Earth have gone on the record with the philosophies and strategies that drive their success. Follow in their footsteps, and you might just find that extra gear you’ve been looking for....

In the 2010s, an uprising by underpaid fast-food workers led to a national movement for a $15 minimum wage. Today, that movement has led to a push by mainstream Democrats to make that dream a reality by 2025 — but thanks to the incessant grinding of inflation, $15 won’t be worth $15 in four years. By Andrew Lisa The Economy and Your Money: All You Need To KnowRead More: Inflation’s Ups and Downs: How It Impacts Your Wallet...

For most taxpayers, the deadline for filing 2022 state taxes in Minnesota is April 18, 2023. But if you’re getting a refund this year, you may be more concerned with when you’ll get your money. If you’re eligible, you can use “Where’s My Refund?,” the Minnesota Department of Revenue’s online refund tracking feature, to determine the status of your refund. By Moubin Ghafoory Timeframe Possible Delays Tracking Your Refund See: 3 Ways Smart People Save Money When Filing Their Taxes...

If you’ve been hearing a lot about the 10-year U.S. Treasury bond, there’s a good reason for it. Economists keep a close eye on the 10-year note because of the role it plays in the economy at large. By Vance Cariaga Explore: Series I Bond Yield Drops from Record High — Why It’s Still a Wise InvestmentFind: 5 Things You Must Do When Your Savings Reach $50,000 Yields on longer-term Treasurys, including the 10-year note, set a floor on borrowing costs for both businesses and consumers....

Social Security is the main source of income for a majority of the elderly in the U.S. According to data from the Social Security Administration, nearly 9 out of 10 people age 65 and older receive Social Security benefits, representing 33% of the income of the elderly. But is it enough? By Josephine Nesbit See: Social Security Trust Funds Will Run Out Earlier Than Expected Due To COVID-19Find: All You Need To Know About Collecting Social Security While Still Working...

In mid-July, Verified Market Reports stated that the global NFT market had reached nearly $11.32 billion and was on pace to top $232 billion by 2030. With that much money changing hands, one thing is certain: You can count on criminals to try to steal as much of it as humanly possible. By Andrew Lisa See: Top 10 Richest People in the WorldLooking To Diversify in a Bear Market? Consider These 6 Alternative Investments...

From in-store coffee shops and a premium deli section to sky-high prices, the luxury grocery shopping experience can differ vastly from the norm with its incredible offerings. By Maddie Duley Explore: Your Biggest Money Etiquette Questions AnsweredRetirement at Any Age: Get Top Retirement Tips for Every Stage of Life Here’s a roundup of some of the most luxurious grocery stores in America and the features that make these locations one-of-a-kind....

When it comes to paying for college, taking out student loans is not your only option. There are other ways to get money for college that you may not have thought about. It’s time to think outside the box to help lower your potential student loan burden. By Daria Uhlig Worth Reading: 22 Side Gigs That Can Make You Richer Than a Full-Time JobCash App Borrow: How To Borrow Money on Cash App...

The housing market has cooled off a bit since interest rates went back up, but that hasn’t prevented homes from being commonly overpriced — due in part to the housing shortage along with inflation. By Nicole Spector See: Average American Renters Can’t Afford Starter Homes — Where You CanFind: Should You Still Buy a Home in Today’s Market? So, how can one tell if they’re getting taken for a ride by their local real estate market, and what are the signs that you’re paying too much for your new home?...

The U.S. Department of the Treasury published a study on Friday, Feb. 4 on money laundering and the financing of terrorism through the trade in works of high-value art, noting that the emerging digital art market, such as the use of non-fungible tokens (NFTs), may present new risks, depending on the structure and market incentives. By Yaёl Bizouati-Kennedy See: If You Trade Crypto or NFTs, Here’s What You Need To Know About Tax Filing This Year Find: 10 Popular NFTs You Can Begin Collecting Now...