Retirement planning

Insta_photos | Istock | Getty ImagesIf you're eager to secure 9.62% annual interest for Series I bonds for six months, the deadline is quickly approaching.You must purchase I bonds and receive your confirmation email by Oct. 28 to lock in…

If you've already maxed out 401(k) plan contributions for 2022 and you're eager to save more for retirement, some plans have an under-the-radar option, experts say.For 2022, you can defer $20,500 into a 401(k), plus an extra $6,500 for…

JPMorgan Chase brought its Advancing Black Wealth Tour to Philadelphia on October 8, 2022.Photo: Steven CW Taylor & Salim Weldon of Steven Taylor PhotographyA new endeavor from JPMorgan Chase is trying to help close the racial wealth…

RyanJLane | E+ | Getty ImagesAfter a difficult year for the stock market, investors have poured money into Series I bonds, a nearly risk-free and inflation-protected asset that's paying a record 9.62% annual interest through October.With…

Morsa Images | E+ | Getty ImagesFixed rate for I bonds will 'most likely be zero'I bond rates have two parts, a fixed rate, which remains the same after purchase, and a variable rate, which changes every six months based on inflation.The…

More advisors are using alternative investmentsAlternative investments typically fall into four categories: hedge funds, private equity, "real assets" such as real estate or commodities and prepackaged investments known as "structured…

Ridofranz | Istock | Getty ImagesRoth individual retirement account conversions may be alluring when the stock market dips. But it's easy to make mistakes, financial experts say.The strategy, which transfers pre-tax IRA funds to a Roth IRA…

Zinkevych | iStock | Getty ImagesIf you inherited a retirement account in 2020 or 2021, the IRS is waiving penalties for some heirs who needed to start taking required minimum distributions right away, according to a notice issued…

Luminola | E+ | Getty ImagesIt's natural to fixate on portfolio losses, especially with the S&P 500 down more than 20% for the year.But you may still have gains after years of growth, and the profits could qualify for a 0% tax rate,…

If you're looking to meet the Oct. 17 tax extension deadline, make sure you don't skip key forms as you're rushing to the finish line, experts say.It's critical to file a complete and accurate return to avoid processing delays, according to…