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Amnajkhetsamtip | Istock | Getty Images Women are getting closer to men when it comes to their self-rated financial prowess, according to recent research. Overall, 55% of women and 60% of men are confident in their ability to manage their finances, according to US Bank’s 2022 Women and Wealth Insights study. That compares with 48%
If you’re like a lot of people, you’re familiar with traditional IRAs and Roth IRAs, but you’re not sure exactly how they’re the same and, more importantly, how they’re different. So here’s a quick recap on Roth versus traditional IRAs. A traditional IRA can allow tax deduction and tax-deferred growth until you withdraw the money.
(Stefon Walters) Conventional wisdom tells us that one of the most important things to do as an investor is to adjust your portfolio as you age and approach retirement. Ideally, your investments will become more conservative over time. In your younger years, the focus should be on growing your money with stocks. It may come
(Charlene Rhinehart, CPA) You’re here (NASDAQ: TSLA) joins its tech peers in an equity split this year. When markets close on August 24, the electric vehicle maker will conduct a 3-for-1 stock split. If this is your first stock split, we’ll give you an overview of how stock splits work and how many shares you
Do you need a financial adviser? The answer depends on different factors: the complexity of your finances, your comfort with managing investments, where you are in your wealth journey and where you would like to be. The advisor’s mission is to bridge the gap between your financial situation and where you would like to be.
Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. You may not realize it, but your money could already be growing in what’s called a
(Charlene Rhinehart, CPA) You’re here (NASDAQ: TSLA) joins its tech peers in an equity split this year. When markets close on August 24, the electric vehicle maker will conduct a 3-for-1 stock split. If this is your first stock split, we’ll give you an overview of how stock splits work and how many shares you
[Editor’s Note: If you’re looking for a new gig that can create more financial security, enrollment is now open for a four-week course that will teach you all you need to know about the expert witness business. From now until August 29, you can sign up for Expert Witness Startup School, and WCI will throw in
(Maurie Backmann) When the Social Security Administration announced benefits would increase 5.9% in 2022, many seniors jumped for joy (or got as close as their bodies would allow). After years of cost-of-living adjustments, or COLAs, the 2022 increase finally amounted to a substantial sum. But it didn’t take long for that 5.9% COLA to be
When you buy through our links, Insider may earn an affiliate commission. Learn more. Higher food costs are unavoidable right now, but I’m taking steps to reduce my spending. I dine out less and have cut streaming services to offset larger grocery bills. When I go out, I skip the drinks to save. And at