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On December 20, 2019, the SECURE Act (Setting Every Community Up for Retirement Enhancement) was signed into law and as a result, there...

The Tax Cuts and Jobs Act roughly doubled the standard deduction and indexed it for inflation through 2025. (The standard deduction is...

Net farm income is forecast to grow almost 4.8% to $88 billion in 2019, but this broad measure of profits includes financial support from...

As a business owner, you may devote most of your time, energy, and profits to running and growing your business. But working for yourself...

The Tax Cuts and Jobs Act lowered the marginal tax rates that apply to ordinary income, such as wages and interest from bonds and savings...

Most mutual funds are open ended, which means the investment company can issue and redeem fund shares to meet investor demand. By...

A recent survey found that more than half of retirees have retirement planning regrets. Unfortunately, many of these retirees had to cut...

In September 2019, the Institute for Supply Management (ISM) Purchasing Managers Index (PMI) — which measures a wide variety of...

The Federal Reserve’s Beige Book is an anecdotal economic report based on conversations with business contacts around the nation. In...

In September 2018, S&P Dow Jones Indices and MSCI expanded and renamed the Telecommunication Services sector — now called Communication...

Original Medicare — Part A hospital insurance and Part B medical insurance — offers broad coverage at a relatively low cost, but there...

If you are engaged to be married, or expect to be soon, it’s important to consider how this change in the relationship (and legal status)...

A recent survey found that 35% of U.S. households would face financial adversity within one month if a primary wage earner died. This...

By one estimate, a 65-year-old couple who retire in 2019 may need about $300,000 in savings to pay their health-care expenses in...

An employee stock ownership plan (ESOP) is a type of retirement plan that enables employees to have an ownership interest in the company....

Parents with young children might worry about whether they have enough life insurance to take care of their family’s financial needs if...

Let’s say you bought shares of stock for $50,000 20 years ago. The company did well, and the stock appreciated so that the shares are now...

Many market shocks, such as the downturn at the end of 2018, are short-lived once investors conclude that the economy is on solid...

The average transaction price of a new car or light truck was $36,733 in March 2019, up 2.3% from a year earlier.1 New 2020 models will...

On August 14, 2019, the Dow Jones Industrial Average plunged 800 points, losing 3% of its value in its biggest drop of the year. The...