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Pay attention when the IRS talks to investors

If you are a client of a financial institution known for innovative tax planning, you may have come across a tax-savings vehicle that could turn out to be "too good to be true."
Here is the problem: The Treasury Department and IRS "have identified novel investment fund strategies that purport to produce tax resul ... (full story)


Social Security recipients to get 3.6% cost of living boost, an average of $75 per month

Social Security recipients to get 3.6% cost of living boost, an average of $75 per month

WASHINGTON (AP) — The Social Security Administration projected Oct. 14 that the annual cost-of-living adjustment for older adults and people with disabilities will go up by 3.6% beginning in 2027, with some recipients complaining that is not enough to offset soaring prices.
The adjustment translates to $75 extra per month ... (full story)


I thought I had these 3 retirement topics figured out. Here’s why I changed my mind

I thought I had these 3 retirement topics figured out. Here’s why I changed my mind

When I was newer in my career, I was pretty much on “Team DIY.” I wasn’t anti-adviser, but surely investors who are willing to roll up their sleeves could do it themselves and cut out the fee.
What I underrated, however, is that financial advisers do much more than portfolio management. They help their clients ... (full story)


What's Beta?

Q. What's a stock's beta? -- A.G., Williston, Vermont
A. It's a measure of its volatility. A beta of 1.0 reflects a stock that moves pretty much in tandem with the overall stock market. If the market rises or falls by 10%, so will the stock (roughly). A beta below 1.0 reflects lower volatility, and a beta above 1.0 reflects high ... (full story)


The 5 future vehicles you need to watch for, according to Edmunds

The 5 future vehicles you need to watch for, according to Edmunds

Fall is typically when automakers release the majority of their models for the new year. Most will be continuations of prior designs, but there’s also a good number that are all-new or getting major redesigns. If you’re thinking about buying a new vehicle in the next six months, it can be useful to know which ones have m ... (full story)