News
Best Dates for Federal Employees to Retire in 2024
More federal employees retire on December 31st than any other day of the year. This has to do with the accrual of annual leave and making sure you get the highest lump-sum payment possible for your use or lose annual leave. This also leads to a significant increase in...
How New 529 Plan Rules Can Help with Your Retirement Planning
Recent changes to the plans allow for the savings to be rolled into a Roth IRA, as long as certain rules are met, if a child decides not to pursue their education College 529 plans have been around for about 25 years. 529 plans derive their name from Section 529 of...
Can you transfer ownership of your home to a trust without violating the terms of your mortgage?
There is a federal law called the Garn-St Germain Act. Federal Regulations allow for transfers to trusts in which the transferor or a member of the transferor’s family is a beneficiary. For example, borrowers may transfer ownership of their primary residence to their...
More startups are being spun out of Klarna than any other European fintech unicorn
Alumni from Klarna have gone on to create 62 new startups — more than any other fintech unicorn in Europe, according to a new report from VC firm Accel.Read More...
HSBC names Pam Kaur as first female CFO amid major restructuring
HSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a consolidation of the bank into four business units.Read More...
KKM Financial’s Essential 40 stock fund is now an ETF
Many asset managers have been converting their mutual funds to ETFs in recent years, due in part to a 2019 SEC rule change.Read More...
Why abortion access is a personal finance issue, says demographer who studies the effects of unwanted pregnancy
Diana Greene Foster, a professor at the University of California San Francisco, led a landmark study that analyzed 1,000 women over a five-year period.Read More...
Robinhood rolls out high-risk margin trading in the UK after getting regulator nod
Robinhood said Monday that it's rolling out margin investing — or the ability for investors to borrow cash to augment their trades — in the U.K.Read More...
Why I paid $95 to recycle a mattress — and you might, too
It can be difficult and costly to avoid trashing your old mattress in a landfill.Read More...
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