Advisors

Greg Hinsdale | The Image Bank | Getty Images For registered investment advisors, advancements in artificial intelligence have brought to the surface lingering feelings of unease that many advisors have had since the robo-advising boom of the early 2010s. The AI explosion has dovetailed with Thomas Moore’s time as the director of Betterment for Advisors.
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In this article UAA Follow your favorite stocksCREATE FREE ACCOUNT Thomas Barwick | DigitalVision | Getty Images It’s tempting to follow the crowd when it comes to investing. While that may not always be wise, experts say one investment vehicle — exchange-traded funds — might be worth a second look now. “It’s been a huge
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Alexander Spatari | Moment | Getty Images Americans who move abroad still have a responsibility to file their taxes with the IRS, sometimes in addition to taxes paid in their place of residence. Unsurprisingly, the thought of renouncing their U.S. citizenship may have crossed their minds at least once. However, experts advise against the move.
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Getty Images The IRS on Thursday announced higher federal income tax brackets and standard deductions for 2024. The agency has boosted the income thresholds for each bracket, applying to tax year 2024 for returns filed in 2025. For 2024, the top rate of 37% applies to individuals with taxable income above $609,350 and married couples
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Americans now owe $1.08 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances spiked by $154 billion year over year, notching the largest increase since 1999, the New York Fed found. “Credit card balances experienced a large jump in the third quarter,
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While Americans’ credit card debt levels have reached a record high of more than $1 trillion, their overall credit health has remained strong, according to a report from credit scoring company VantageScore.  Even with inflation, rising interest rates and concern about the overall economy, U.S. consumers still have room to spend. “The consumer is not
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Peshkova | Istock | Getty Images Fixed-income investing is entering an exciting new era, and investors should take notice. Decades of low interest rates, engineered by global central banks, have suppressed the bond market’s ability to generate attractive and reliable returns. But in recent quarters, we have witnessed a dramatic shift higher in interest rates,
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Insta_photos | Istock | Getty Images Inheriting an individual retirement account can be a welcome surprise. But the gift comes with mandatory withdrawals for heirs and following the rules can be difficult, experts say. According to the Secure Act of 2019, certain heirs now have less time to deplete inherited accounts due to a change
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Andreswd | E+ | Getty Images Medicare beneficiaries have until Dec. 7 to change their Medicare health and prescription drug coverage for the coming year through open annual enrollment. This year, there’s even more reason to pay attention, as financial assistance for prescription drug coverage is set to expand starting Jan. 1, according to Meena
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The Powerball jackpot soared to an estimated $1.4 billion as of Oct. 6, 2023, according to the Multi-State Lottery Association. Justin Sullivan | Getty The Powerball jackpot has soared to an estimated $1.4 billion ahead of Saturday night’s drawing — and financial experts have tips for the lucky winner. As the third largest prize in
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