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Biden tax plan may lead to more Roth retirement accounts

President Joe Biden is expected to propose higher taxes on the wealthy. That may make Roth conversions a better idea this year.

4 years ago

Here’s why Medicare beneficiaries should look beyond cost when choosing a Medigap plan

While the benefits included in Medigap plans are standardized across most states, premiums can vary widely among insurance companies and locations.

4 years ago

Biden consumer watchdog seeks delay of Trump-era debt collection rules

The Consumer Financial Protection Bureau is proposing a 60-day delay to two debt-collection rules set to take effect in November.

4 years ago

Amended return may be needed to get full refund on $10,200 unemployment tax break, IRS says

Americans who collected unemployment benefits last year may need to file an amended tax return in some cases to get their maximum tax refund, the IRS said.

4 years ago

While financial literacy lessons can be learned, some money habits may be in your genes

While a formal financial education is important, experts say some habits may be genetic and that people need tools to help them manage their money.

4 years ago

Teaching personal finance to kids can help to close the Black wealth gap

Fewer Black and Hispanic students than whites are required to take a personal finance course to graduate high school, research shows.

4 years ago

New head of Communitech leading incubator says ‘no reason why Canada couldn’t be the global hub of innovation’

Financial Post| Bianca Bharti | Apr 5, 2021 There is no reason why Canada couldn't be the global hub of innovation' Canada needs to foster companies that can compete on a global scale if it wants to build a sustainable technology ecosystem, according to the incoming chief executive of one of the country’s top tech


The post New head of Communitech leading incubator says ‘no reason why Canada couldn’t be the global hub of innovation’ first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Here's guidance for handling taxes on Covid-related withdrawals from retirement accounts

If you withdrew money from your 401(k) or IRA for reasons related to Covid, you're required to include at least a portion of taxes due on your 2020 return.

4 years ago

More financial education would have helped people better manage their money in the pandemic

Having more personal finance education in school would have helped people better manage their finances during the pandemic, a study finds.

4 years ago

SpaceX does not plan to add 'tiered pricing' for Starlink satellite internet service, president says

SpaceX president Gwynne Shotwell does not think the company will add "tiered pricing" for its direct-to-consumer Starlink satellite internet service.

4 years ago

24% of unemployed workers have been jobless for over a year

The share of long-term unemployed is rising even as the U.S. jobless rate is falling. That's an unusual dynamic for recessions, economists said.

4 years ago

Supreme Court handed Google a win in a decade-long court battle with Oracle

The New York Times | Shira Ovide | Apr 5, 2021 The 6-2 ruling, which overturns a victory for Oracle, marks a climax to a decade-old case that divided Silicon Valley and promised to reshape the rules for the software industry. Oracle was seeking as much as $9 billion. On Monday, the Supreme Court said


The post Supreme Court handed Google a win in a decade-long court battle with Oracle first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Op-Ed: Employers' diversity and equity efforts often overlook people with disabilities

The conversation around diversity, equity and inclusion overlooks the most underemployed segment of our population — people with disabilities.

4 years ago

1 in 10 people fall victim to gift card scams, AARP says

Americans have lost about $245 million to gift card scams since 2018, according to the Federal Trade Commission. The typical person lost $840.

4 years ago

Consumer protection group cracks down on mortgage servicers that don't assist struggling homeowners

The CFPB expects mortgage servicers to offer homeowners options before foreclosing on them. Here's what it means for you.

4 years ago