News
Iran war's Inflationary impact is the key risk to Asia insurers: Swiss Re
17+ hour, 33+ min ago (26+ words) CNBC Iran war's Inflationary impact is the key risk to Asia insurers: Swiss Re...
Trump accounts sign up more than 5 million kids: Treasury
1+ day, 9+ hour ago (164+ words) Trump accounts have signed up more than 5 million children, and 1. 2 million are eligible for a $1, 000 pilot program contribution, Treasury officials said. Enacted via President Donald Trump's "big beautiful bill," the new tax-deferred investing accounts for children will officially launch on…...
Market volatility may 'weigh heavily' on Gen Z, advisor says: How young investors can adapt
2+ day, 2+ hour ago (719+ words) Amid the U. S. war with Iran, some young investors have gotten their first taste of market volatility. "An early decline can make the market feel unusually dangerous when volatility is a normal part of long-term investing," said certified financial planner'Douglas Boneparth,…...
Trump's new tax law expands 529 savings plan uses as families gear up for back to school
7+ mon, 3+ week ago (766+ words) As back-to-school season gets underway, parents have many more ways they can spend funds in 529 college savings plans this year, due to President Donald Trump's "big beautiful bill." Yet a new survey shows only a fraction are utilizing these accounts....
Many Gen Z adults still get financial help from their parents
4+ day, 8+ hour ago (679+ words) Relying on your parents for money can help you to become independent. But it can also create problems in your relationship if not handled well, experts say. About two-thirds, or 64%, of parents with Gen Z children " those between the ages…...
Donating from your IRA already has tax advantages. A bipartisan bill would expand retirees' options
3+ week, 2+ day ago (706+ words) Some lawmakers want to expand retirees' options for making charitable donations from their individual retirement accounts. Under current tax law, anyone who's at least age 70" can make what's known as a qualified charitable distribution, or QCD, which is a direct…...
When can you withdraw from your 401(k) early?
1+ mon, 3+ day ago (1387+ words) If you have a 401(k) and a lot of outstanding bills or a surprise expense, you may be considering raiding your account. According to a 2025 Vanguard report, early 401(k) withdrawals have reached an all-time high of 6%, with the most common reasons for…...
Rule expands penalty-free early 401(k) withdrawals " but new use "might not be practical," advisor says
3+ mon, 2+ week ago (993+ words) Workers may have a new way to help prepare for a largely unpredictable health-related expense during their golden years. However, it comes with limitations. Experts say it's important to consider whether using retirement money to pay for long-term care insurance…...
When the ultra rich hire family for their private investment firms, what to pay them can be tricky
2+ mon, 3+ week ago (666+ words) Ultra rich families are increasingly using their personal investment firms to bring millennial and Generation Z heirs into the fold. In a tough job market, it's a way for younger family members to get job experience, according to Joshua Gentine,…...
Brain health experts' top 3 tips for lowering your risk of dementia, stroke and depression'all at the same time
11+ mon, 1+ week ago (283+ words) There are certain lifestyle choices that can lower your risk of developing dementia, stroke and depression later in life, according to a recent study published in the Journal of Neurology, Neurosurgery & Psychiatry. "At least 60% of stroke, 40% of dementia and 35% of…...