XRP (CRYPTO: XRP) rallied above $1.35 after the U.S. and Iran ceasefire was announced on April 7, but the move only lasted five days. The Islamabad peace talks broke down on April 12 after…
Every year, thousands of high earners follow the same advice: make a non-deductible traditional IRA contribution and immediately convert it to a Roth. The backdoor Roth strategy is legal, well-documented, and genuinely useful. It…
High earners who execute the backdoor Roth IRA correctly still generate an unnecessary tax bill through one specific timing error. The strategy itself is sound. The execution is where the money leaks. High Earners…
Peloton (NASDAQ: PTON) CEOs have talked a good game since the exercise equipment company fell apart as the effects of the COVID-19 pandemic became less of a public worry. The stock traded at a…
A self-employed ophthalmologist in her late 50s earning $500,000 a year from her private practice can legally shelter more than $150,000 of that income from federal taxes in a single year. The vehicle is…
Maximizing your Social Security benefits is one of the smartest moves you can make due to some special features these benefits offer. Specifically, your benefits have automatic inflation adjustments built into them. This means…
Most retirees know Medicare comes with premiums, but fewer know that for higher earners, those premiums can be substantially higher than the standard rate, and that the income used to calculate the surcharge may…
If you’ve been paying attention at the pump, you may be aware that gas prices are soaring these days thanks to the Iran conflict. But higher gas prices aren’t just a problem for…
Goldman Sachs (NYSE:GS | GS Price Prediction) Chief Equity Strategist Peter Oppenheimer made a very interesting call last week, calling the sell-off a rare “buying opportunity” in U.S. tech stocks. The call was incredibly…
It didn’t take all too long for shares of memory chip titan Micron (NASDAQ:MU | MU Price Prediction) to bounce back from a brief plunge into bear market territory. For a while, it seemed…
A $750,000 portfolio generating $51,000 a year in dividends requires a blended yield of roughly 6.8% across your holdings. Whether that is achievable without taking on uncomfortable risk depends entirely on where you look…
Many parents and grandparents wanting to save for children’s education have heard of 529 college-savings plans. But did you know about the Coverdell education savings account (ESA)? And which is better? A recent caller…
“I have never met someone that became a millionaire when they owned cars with payments,” financial host Dave Ramsey recently told Bridger, a 21-year-old from Salt Lake City. Bridger and his 20-year-old wife earn…
Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction) stock moved up to $131 in early Monday trading. It’s a 3% gain, which is notable as the major stock-market indexes are all down. The bulls are…
Live Updates Tech Turns Higher 12:47pm ETThe markets are clawing back earlier losses, including tech stocks, sending the Nasdaq Composite higher by 0.53%. Today’s biggest tech gainers include Microsoft (Nasdaq; MSFT), Broadcom (Nasdaq: AVGO)…
