Loved ones with disabilities can benefit from ABLE accounts, a tax-smart financial planning tool similar to 529 college savings plans. Getty Images/iStock The Achieving a Better Life Experience Act of 2014 (ABLE Act) allows states to set up ABLE account programs. In turn, you can establish a tax-favored ABLE account …
Read More »
Dear Moneyist, I am a 52-year-old unemployed homemaker with various health issues that have prevented me from working over the past 10 years. (I do not receive disability). My husband works full time. I have a sister who is retired, and she and her husband net approximately $ 15,000 per …
Read More »
Ray Dalio certainly is no radical idealist, but in his frequent writings and media appearances the veteran investor consistently calls for Americans to rewrite their longstanding contract with capitalism so that it is fairer and more generous to more people. Otherwise, he predicts, life in the U.S. could become more …
Read More »
The Federal Reserve is shaking things up — which is both good and bad news for consumers. The Fed made some of the biggest changes to its policy in years following an extended review. The central bank has revised its approach to inflation and the labor market in a move …
Read More »
Dear MarketWatch, I’m a 63-year-old widow laid off from my restaurant job of 34 years. I’ll never be able to make the money I was making before COVID. I was going to work for a few more years to pay off some bills. I was thinking about getting survivor’s benefits …
Read More »
Dear Moneyist, I’ve been living with the same man for close to 27 years. Of course, our relationship was good in the beginning. Most are. However, he has always had an inability to handle money. Our home has always been in my name, usually because of his poor credit. I’ve …
Read More »