The Department of the Treasury and the Internal Revenue Service have issued proposed regulations that would clarify eligibility requirements for the refunded portions of certain individual income tax … [Read More...]
Chinese National Gets 15 Years in $92 Million Drug Money Laundering Scheme
A Chinese national has been sentenced to 15 years in federal prison and ordered to forfeit $25 million for his role in a Chinese money laundering organization (CMLO) that processed more than $92 … [Read More...]
Treasury Proposes New Stablecoin Rules Under GENIUS Act — Here’s Who Could Be Affected
The U.S. Department of the Treasury has issued a notice of proposed rulemaking aimed at implementing Section 3 of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, … [Read More...]
Should You Count Your Home in Your Retirement Net Worth?
Your home absolutely counts toward your net worth, but counting it toward your retirement nest egg requires a little more finesse. A mortgage-free house can represent a huge chunk of wealth, yet a … [Read More...]
The Retirement Expense Nobody Budgets for: Helping Adult Children
Retirement planning usually covers the obvious expenses: housing, groceries, healthcare, travel, … [Read More...]
Your Financial Advisor Recommends an Annuity: 8 Questions to Ask Before Buying
An annuity can turn part of a retirement portfolio into a stream of income, but the sales pitch … [Read More...]
Home Equity Investments Promise Cash Without a Monthly Payment: What’s the Catch?
Home equity investments sound almost suspiciously convenient: Get cash from the value sitting inside … [Read More...]
7 Questions to Ask Before Moving Money From a 401(k) Into an IRA
Moving money from a 401(k) into an IRA can look like a simple retirement housekeeping chore: … [Read More...]