Personal Finance News, Investing Advice, Business Forecasts (2024)

Personal Finance News, Investing Advice, Business Forecasts (1)

Biden Spotlights Drug Prices, Medicare, Social Security in State of the UnionBiden calls for expanding Medicare drug price negotiations to include up to 500 drugs over next decade.
  • Your Late IRA Contributions Have a Procrastination Penalty
  • 10 Cities Where Singles Can Save for a Home Nearly as Fast as Couples
  • Six Retirement Account Wins for Employers and Employees
  • How Personal Finances and Lifestyle Are Intertwined
  • 10 Reasons You'll Regret Buying a House With a Swimming Pool
  • Have Your Say in the Kiplinger Readers' Choice Awards 2024Kiplinger Readers' Choice Awards

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Investing

Stock Market Today: Stocks Go Into Reverse as Nvidia SlumpsThe main indexes were initially higher after the release of the February jobs report, but ended well off their session highs.stocks

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Personal Finance

Kiplinger Jobs Outlook: Strong Labor Market Will Return to NormalEconomic ForecastsJob gains are bound to slow, but the labor market will not be tanking.unemployment
  • Medicare Price Talks Progress As Drug Companies Make CounteroffersNegotiations over 10 Medicare Part D drugs are slated to end in August, with newly negotiated rates announced in September.By Esther D’AmicoLast updated 8 March 24

    Medicare

  • Retirees, Make the Most of a Backdoor Roth IRAFinancial PlanningA backdoor Roth IRA enables wealthier individuals to to earn tax-free income. But how long will that back door remain open?By David RodeckLast updated 8 March 24

    retirement

  • Max Is Latest Streamer To Crack Down On Password SharingThe streamer joins Netflix and Disney in restricting password sharing. What to know.By Joey SolitroPublished 8 March 24

    leisure

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  • Alexandra SvokosSenior Digital Editor
  • Karee VenemaSenior Investing Editor
  • Kelley R. TaylorSenior Tax Editor
  • Ellen KennedyPersonal Finance Editor
  • Alexandra TwinSenior Personal Finance Editor
  • Erin BendigPersonal Finance Writer
  • Ben DemersAudience Engagement Manager

Taxes

Mega Millions After Taxes: How Much Will the Winner Get?Lottery TaxesThe Mega Millions jackpot winner will take home much less than the advertised jackpot amount, thanks to taxes.taxes
  • Biden Proposes New Homebuyer Tax CreditsTax CreditsPresident Biden called for new middle-class tax breaks in his State of the Union address.By Kelley R. TaylorLast updated 8 March 24

    taxes

  • Top 10 Tax Expenditures in 2024: The Tax LetterThe Tax LetterCostly tax breaks will likely come under scrutiny from lawmakers trying to reduce the national debt. We review the 10 largest individual tax expenditures.By Joy TaylorPublished 8 March 24

    taxes

  • IRS Issues Another Tax Warning for Wealthy, High EarnersTax EnforcementWealthy non-filers could pay more tax than they owe if the IRS files for them.By Katelyn WashingtonLast updated 7 March 24

    taxes

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Kiplinger Advisor Collective

Financing Projects Without Jeopardizing Your Financial FutureFunding large purchases should be thoughtfully planned.
  • Should I Get a Reverse Mortgage? Six Questions to Ask FirstThe secret to your retirement income could live in your home’s equity.By Kiplinger Advisor CollectivePublished 6 March 24
  • Looking for the Right Tax Professional for You? Seven Factors to ConsiderThe right professional will help you more than just once a year.By Kiplinger Advisor CollectivePublished 28 February 24
  • How Artificial Intelligence Can Help Lease AccountingAI will play an important role in successfully implementing the ASC 842 lease accounting standard.By Amrita ChoudharyPublished 26 February 24

VIEW ALL FROM THE KIPLINGER ADVISOR COLLECTIVE

Retirement

Medicare Price Talks Progress As Drug Companies Make CounteroffersNegotiations over 10 Medicare Part D drugs are slated to end in August, with newly negotiated rates announced in September.Medicare
  • Using Your 401(k) to Delay Getting Social Security and Increase PaymentsretirementYour 401(k) can be a bridge from retirement to higher monthly income.By Elaine SilvestriniLast updated 8 March 24

    retirement

  • Retirees, Make the Most of a Backdoor Roth IRAFinancial PlanningA backdoor Roth IRA enables wealthier individuals to to earn tax-free income. But how long will that back door remain open?By David RodeckLast updated 8 March 24

    retirement

  • Nearly Half of Americans Failed This Social Security Quiz About RetirementHow many of these questions on retirement benefits do you know?By Jamie FeldmanPublished 8 March 24

    social security

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Economic Forecasts

Kiplinger Jobs Outlook: Strong Labor Market Will Return to NormalEconomic ForecastsJob gains are bound to slow, but the labor market will not be tanking.Economic Forecasts
  • A Spotlight on the Mountain States: The Kiplinger LetterThe Kiplinger LetterMost Mountain states are seeing good job growth in multiple sectors from healthcare, energy, and semiconductor production to farming and government.By David PayneLast updated 6 March 24

    The Kiplinger Letter

  • Kiplinger Housing Outlook: Multifamily Construction Starts the Year on Weak FootingEconomic ForecastsLimited inventory in the single-family market continues to frustrate buyers.By Rodrigo SermeñoLast updated 3 March 24

    Economic Forecasts

  • H-1B Work Visa Rules Get a RevampThe Kiplinger LetterH-1B visas allow employers to hire high-skilled foreign workers. Regulators have finalized new rules for this visa program following last fall's proposal.By Matthew HousiauxPublished 29 February 24

    The Kiplinger Letter

Personal Finance News, Investing Advice, Business Forecasts (2024)

FAQs

What are the 5 basics of personal finance? ›

There's plenty to learn about personal financial topics, but breaking them down can help simplify things. To start expanding your financial literacy, consider these five areas: budgeting, building and improving credit, saving, borrowing and repaying debt, and investing.

Is Kiplinger subscription worth it? ›

Reviews of various types of investments, including their expenses, is of great value to most. I would highly recommend a subscription to Kiplinger.

Which funds have the highest returns? ›

100 Highest 5 Year ETF Returns
SymbolName5-Year Return
VUGVanguard Growth ETF17.96%
UYMProShares Ultra Materials17.67%
ONEQFidelity Nasdaq Composite Index ETF17.60%
XLGInvesco S&P 500® Top 50 ETF17.44%
93 more rows

What are the top 5 performing mutual funds? ›

5 Best Mutual Funds to Buy Now
Mutual FundAssets Under ManagementExpense Ratio
Vanguard Total Stock Market Index Fund (VTSAX)$1.6 trillion0.04%
Fidelity 500 Index (FXAIX)$512.4 billion0.015%
Fidelity ZERO International Index (FZILX)$4 billion0%
American Funds Bond Fund of America (ABNDX)$82.6 billion0.62%
1 more row

What is the 80-10-10 rule? ›

When following the 10-10-80 rule, you take your income and divide it into three parts: 10% goes into your savings, and the other 10% is given away, either as charitable donations or to help others. The remaining 80% is yours to live on, and you can spend it on bills, groceries, Netflix subscriptions, etc.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

What is the one magazine subscription everyone should have personal finance? ›

Kiplinger's

This magazine has long been the top choice of investors and economy-minded individuals for personal finance topics. Kiplinger's is published every month, but its publishers also release a range of weekly newsletters on subjects from taxes to planning your retirement.

Is Kiplinger reputable? ›

For decades, Kiplinger has had a successful history of independently considering and reviewing a wide variety of products, services, businesses, and locations, among other subjects. Kiplinger readers have been able to trust the expertise and judgment used by Kiplinger in making its selections.

How much is a subscription to Kiplinger? ›

CHOOSE YOUR DEAL

Applicable sales tax will be added. Regularly $95.40 for 12 monthly issues.

What is the safest investment with the highest return? ›

These seven low-risk but potentially high-return investment options can get the job done:
  • Money market funds.
  • Dividend stocks.
  • Bank certificates of deposit.
  • Annuities.
  • Bond funds.
  • High-yield savings accounts.
  • 60/40 mix of stocks and bonds.
May 13, 2024

What is the best performing asset of all time? ›

Bitcoin Has Been the Best Performing Asset Class in 8 Out of the Past 11 Years. Source: Morningstar, as of December 31, 2023.

What is the best money investment right now? ›

11 best investments right now
  • High-yield savings accounts.
  • Certificates of deposit (CDs)
  • Bonds.
  • Money market funds.
  • Mutual funds.
  • Index Funds.
  • Exchange-traded funds.
  • Stocks.
May 22, 2024

What is Vanguard's best performing fund? ›

Vanguard High-Yield Corporate Fund (VWEAX)

The Vanguard High-Yield Corporate Fund is the company's top performing bond fund over the past decade. It features a high-yield, intermediate-term fixed income portfolio.

What is the most aggressive mutual fund? ›

Here are the best Aggressive Allocation funds
  • Meeder Dynamic Allocation Fund.
  • JPMorgan Investor Growth Fund.
  • TIAA-CREF Lifestyle Aggressive Gr Fund.
  • Franklin Mutual Shares Fund.
  • North Square Multi Strategy Fd.
  • Gabelli Focused Growth and Inc Fd.
  • E-Valuator Agrsv Growth(85%-99%)RMS Fund.

What is the safest mutual fund to invest in? ›

  • Canara Robeco Bluechip Equity Fund - Growth. ...
  • ICICI Prudential Value Discovery Fund - Growth. ...
  • Kotak Bluechip Fund - Reg - Growth. ...
  • Nippon India Large Cap Fund - Reg - Growth. ...
  • HDFC Index Fund-NIFTY 50 Plan. ...
  • ICICI Prudential Nifty 50 Index Fund - Reg - Growth. ...
  • UTI Nifty 50 Index Fund - Growth.
May 16, 2024

What are the 5 C's of personal finance? ›

Most lenders use the five Cs—character, capacity, capital, collateral, and conditions—when analyzing individual or business credit applications.

What is the #1 rule of personal finance? ›

#1 Don't Spend More Than You Make

When your bank balance is looking healthy after payday, it's easy to overspend and not be as careful. However, there are several issues at play that result in people relying on borrowing money, racking up debt and living way beyond their means.

What are the 5 personal finance facts? ›

Article Contents:
  • 95% of millennials are saving less than the recommended amount.
  • 69% of households have less than $1,000 in emergency savings.
  • 34% of all Americans have $0 in savings.
  • 66% of millennials have zero retirement savings.
  • 72% of households do not have a written financial plan.

What is the 5 rule finance? ›

As an investor you will find many products and many options to invest in. The 5% rule says as an investor, you should not invest more than 5% of your total portfolio in any one option alone. This simple technique will ensure you have a balanced portfolio.

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