Baby Boomers

If your family has significant wealth, it's now easier to avoid federal estate taxes, thanks to recent changes from the IRS.The IRS improved a strategy known as "portability," used by high-net-worth married couples expecting to owe federal…

As the cost of living soars, one federal lawmaker wants to remove any barriers to buying Series I bonds, an inflation-protected and nearly risk-free asset that currently pays 9.62% annual interest through October.Rep. Abigail Spanberger,…

Inflation has continued to rise, but some retirees won't feel the brunt of many soaring costs, experts say.Annual inflation jumped by 9.1% in June, growing at the fastest pace since late 1981, the U.S. Department of Labor reported…

The demand for Series I bonds, an inflation-protected and nearly risk-free asset, has skyrocketed as investors seek refuge from soaring prices and stock market volatility.While annual inflation rose by 8.6% in May — the highest rate in more…

Phonlamaiphoto | Istock | Getty ImagesMonths of stock market volatility, surging inflation and rising interest rates have left many investors wondering if a recession is coming. The stock market tumbled again on Thursday, with the S&P…

Tom Merton | Getty ImagesIf you're a retiree on Medicare and feel the itch to travel, be sure you know whether your insurance plan can go with you.Whether you want to hit the road for a U.S.-based trip or head overseas, coverage at your…

Eakgrunge | Istock | Getty ImagesThere's been record demand for federal Series I savings bonds, an inflation-protected and nearly risk-free asset, offering an eye-popping 9.62% annual return through October.However, it's not easy to buy I…

Fstop123 | E+ | Getty ImagesTax breaks designed to boost retirement savings may primarily benefit higher earners, leaving middle-class workers behind, according to a report from the National Institute on Retirement Security.With most…

David Jakle | Image Source | Getty ImagesIt's been a tough year for municipal bonds, with investors cashing out amid rising interest rates. However, higher yields and strong credit may be sparking a shift, experts say.While investors piled…

A worker stocks items inside a grocery store in San Francisco, California, May 2, 2022.David Paul Morris | Bloomberg | Getty ImagesMeanwhile, President Joe Biden also has faced blowback over continued inflation and plans to address the…