If you’re planning to retire at the end of 2022, congratulations — now get ready to get busy. With less than a year to go and counting, you’ve got more to do than you could possibly imagine in the next 50 weeks or so. With so many T’s to cross and I’s to dot, you’ll have to spread out the load across all 12 months — this article will show you how....
If you have a friend who is able to provide you with a professional favor, such as designing a logo for your personal brand or photographing new headshots, how should you repay the favor? Should you pay them, inquire about a “friends and family” discount or hope the favor can be done for free? By Heather Taylor Make Sure Your Friends Know Your Personal Boundaries If you are just starting out, it can sometimes make sense to do a project for free or at a steep discount for a friend....
Despite recent layoffs at Twitter, Snapchat, Cameo, Peloton and other companies, there were still organizations that managed to bring on lots of people to their workforce in 2022. The unemployment rate is currently sitting at 3.7%. That’s down from 3.9% last December. By Julian Barraza Holiday Spending: Get Top Holiday Shopping and Savings TipsRead: 5 Things You Must Do When Your Savings Reach $50,000 If you’re looking for a job, check out the companies Business Insider reported are still doing quite a bit of hiring in a seemingly chaotic time for the job market....
Pandemic-era food price increases and inventory shortages are likely to continue — at least temporarily. Food retailers are stockpiling larger amounts of frozen meats, sugar and other items, reports The Wall Street Journal, to keep up with strong demand and before these items get pricier. By Josephine Nesbit Your Money: Stay on Track With the Financial Stability Roadmap Find: Understanding the Differences Between Inflation, Deflation & Stagflation Stockpiling by supermarkets is driving shortages of some staple items, grocery industry executives explained to WSJ and is complicating a U....
Pensions used to be fairly standard for private-sector workers in the United States, but that was long ago. Only one-quarter of civilian workers were offered a traditional pension plan as recently as 2021, according to the U.S. Bureau of Labor Statistics. By Vance Cariaga Find Out: 4 Tax Filing Assistance Programs That Can Save You MoneyLearn: 3 Ways Smart People Save Money When Filing Their TaxesSee: Do You Have a Tax Question?...
Crypto.com rewards its new and existing customers with various promotions, including referral codes and bonuses. By David Granahan Referral Code Referral Rewards Referral Terms $25 Bonus Other Bonuses and Incentives See: 5 Things You Must Do When Your Savings Reach $50,000 Crypto.com referral codes are a mix of unique numerical and alphabetical codes or links that can be shared to invite friends to the platform. Crypto.com bonuses are extra reward incentives that users are given for completing a certain task or signing up for a particular product....
With more than 70 million gig workers in the U.S., many people who earn a full-time income do not have access to an employer-sponsored 401(k) retirement plan. A 401(k), especially if your employer provides matching contributions, is a good way to save for retirement at any stage of life. By Dawn Allcot See: The 4% Retirement Spending Rule Is Back — Here’s What it Means For YouRecord Rise in 401(k) ‘Hardship’ Withdrawals: Why To Avoid Them...
While some employers such as Tyson Foods and United Airlines are mandating COVID vaccines at the risk of workers losing their jobs, others are starting to look at alternative ways to incentivize their employees. One such manner would be to increase healthcare costs for the unvaccinated. By Yaёl Bizouati-Kennedy The Affordable Care Act and the Health Insurance Portability and Accountability Act typically prohibit adjusting individual insurance costs for anything but a few limited factors including age, geography, tobacco use and family size, Bloomberg reports....
Can you have too much money in the bank? On the one hand, there’s an obvious joke answer to this commonly asked question — there’s no such thing as “too much money.” The reality, however, is regardless of how much money you have, in order to maximize your net worth you shouldn’t keep too much money in your savings account. By John Csiszar While savings accounts serve valuable functions, they aren’t “investments” in the strictest sense of the word....
Retirees often use their Social Security checks and 401(k) distributions as their main sources of income during retirement, without utilizing other accounts they are invested in. But that strategy has a problem — taxes. Since the money you contribute to the 401(k) account is pre-tax and the money then grows tax-deferred, you will need to pay taxes on the back end, when you take distributions. The tax rate depends on your income and several other factors, but paying tax is largely unavoidable....
By Katy Hebebrand About Rivian Why It’s Promising Valuation Competitor Comparison Potential Downsides Is It Worth It About Rivian Rivian Automotive is a brand new electric vehicle business based in California. Its goal is not only to create electric vehicles but to run an environmentally sustainable business from start to finish. This includes reaching a net-zero carbon emission by the year 2028 and incorporating recycled and recyclable materials into its vehicles....
In the battle of the mega-billionaires, Jeff Bezos has had a much better couple of weeks than either Mark Zuckerberg or Elon Musk, as evidenced by both the surge in net worth of the former and dramatic decreases to the latter. By Vance Cariaga More From Your Money: Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today. Tesla CEO Musk had the biggest one-day loss in November, when his personal wealth tumbled by $35 billion after tweeting that he might sell 10% of his Tesla stake....
Anyone who has looked for an apartment over the past few months, or any tenant who has opened an email from the landlord containing the rental renewal agreement, likely has experienced sticker shock. By Jami Farkas Discover: 5 Best Southern Cities To Retire on a Budget of $1,500 a Month Find: The Best Cities To Retire on $2,000 a Month According to a June report from real estate site Redfin, the average monthly rent in the United States topped $2,000 for the first time ever in May, rising 15% year over year to reach $2,002....
Watch out who you’re friending on social media, as it might be a debt collector. By Yaёl Bizouati-Kennedy See: Debt-Free Future — What To Do and Say When Debt Collectors CallFind: Expert Tips To Fix Your Credit on a Limited Income New rules approved by the Consumer Financial Protection Bureau that became effective on Nov. 30 clarified certain provisions of the Fair Debt Collection Practices Act. “We are finally leaving 1977 behind and developing a debt collection system that works for consumers and industry in the modern world,” Kathleen L....
Like many banks, Citizens Bank is willing to reward new customers for opening an account. With more than 1,000 locations throughout New England, the mid-Atlantic and parts of the Midwest, this bank is currently running promotions that will appeal to customers in need of a new account and some bonus money. The bonus offers that made the list were chosen based on their high cash values and how easy the rewards are to earn....
Some Nike employees are taking the week off to “destress” and deal with COVID-related anxieties in a move that mirrors a larger corporate trend to support the mental health of workers. By Vance Cariaga See: 7 Low-Stress, Flexible Jobs Ideal for Working Parents Find: 10 Ways That Extra Stress Can Impact Your Wallet Staff at Nike’s corporate headquarters in Beaverton, Oregon have been given Monday through Friday off ahead of their return to the office in September, the BBC reported....
If you happen to be on the high seas this Thanksgiving, don’t worry about missing out on the turkey and dressing. You’ll get both and then some if you happen to be on a Princess Cruises vacation. By Vance Cariaga Discover: 9 Bills You Should Never Put on AutopayAdvice: If Your Credit Score is Under 740, Make These 4 Moves Now The Santa Clarita, California-based cruise line recently announced a gourmet Thanksgiving dinner that is part of the very posh-sounding Princess Cruise Culinary Collection of Holiday Menus....
Retirees will get a rare (and much needed) treat in 2023 thanks to a combination that some experts say might never happen again: a historically high cost-of-living adjustment for Social Security benefits and a decline in the cost of Medicare Part B premiums. By Vance Cariaga Social Security: Women Get $354 Per Month Less Than Men – Here’s WhyFind Out: With a Recession Looming, Make These 3 Retirement Moves To Stay On TrackLearn: How Much Does a Person on Social Security Make?...
Although Louisiana’s SNAP and LACap are both food assistance programs, LACap is only available to Louisiana residents who are at least 60 years of age and receive Supplemental Security Income (SSI). LACap is also viewed as a simplified version of SNAP. By Josephine Nesbit Learn: Social Security COLA Increases Add This Much Cash To Your Pockets Each MonthFind: 10 Things Most Americans Don’t Know About SNAP In addition to being at least 60 years of age and receiving SSI, you may be eligible if you:...
Salary transparency laws are slowly rolling out across the country; but, as of right now, many job postings do not include a salary range. This is an immediate red flag for a good portion of job seekers, with 33% saying they would not go to a job interview without first knowing the salary the employer is willing to offer, CNBC reported. By Gabrielle Olya But is it sometimes worth it to go in salary-blind?...
