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The coronavirus pandemic has strained the finances of many U.S. households.
The prospect of being unable to work due to an illness or injury may seem remote to many of us, particularly during our younger working years.
Every year, the Internal Revenue Service announces cost-of-living adjustments that affect contribution limits for retirement plans and various tax deduction, exclusion, exemption, and threshold amounts.
Health-related bankruptcy fears increased significantly for younger people.
Even when the pandemic eventually subsides, working remotely may be here to stay.
Market losses on the front end of retirement could have an outsize effect on the income you receive from your portfolio by reducing the assets available to pursue growth when the market recovers.
As people move through different stages of life, there are new financial opportunities and potential pitfalls around every corner. Here are common money mistakes to watch out for at every age.
According to the U.S. Census Bureau, around one in five working-age adults (ages 18 to 64) with children said the reason they were not working was because COVID-19 had disrupted their child-care arrangements.
Few business owners have escaped the financial effects of stay-at-home orders, new safety protocols, and consumer fears related to the pandemic.
An important part of any retirement strategy involves factoring in the potential expenses associated with long-term care.