Investors are now able to access returns on cash that beat inflation. That will likely continue for a while, even as the Federal Reserve announced a new interest rate cut. […]
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Demand for Roth IRA conversions may increase — even without tax hikes from President-elect Donald Trump
Some advisors increased Roth individual retirement account conversions for clients amid the threat of higher taxes after 2025. Now, individual income tax hikes seem less likely under President-elect Donald Trump […]
Year-end Roth IRA conversions are popular — but don’t wait too long, financial experts say
More investors are making Roth individual retirement account conversions, with a 46% year-over-year increase during the second quarter of 2024, Fidelity reported. Many advisors opt for year-end Roth conversions because […]
Trump plan would make Social Security insolvent in just 6 years, budget group says
Donald Trump’s tax-cut plans and other agenda items would hasten Social Security’s insolvency, a nonpartisan budget group said. The Republican nominee’s proposals would also expand Social Security’s cash shortfall by […]
