If you are also thinking of borrowing money to pay college and school fees, you are not the only person doing so. College Board has stated in one of its reports that 54% of bachelor’s degree recipients of public or private universities are suffering from student loan debt. Two main loan types are more popular … Read more
How Social Security Works? Social Security functions as an insurance program where workers contribute through payroll deductions at their jobs or when self-employed, through Social Security taxes filed with their federal tax returns. Workers can earn up to four credits annually, with each credit requiring a specific earnings threshold. In 2023, for every $1,640 earned, … Read more
When aiming to save on taxes, certain investment actions should be done by December 31 of the tax year, like tax-loss harvesting. However, there are additional strategies investors can implement between the end of the year and tax day to reduce their taxes for the previous year. You may have plenty of tax questions in … Read more
Warren Buffett acknowledged his late partner, Charlie Munger, as the mastermind behind the Berkshire Hathaway conglomerate that he’s credited with leading. In his annual letter to shareholders, he cautioned against heeding the advice of Wall Street pundits or financial advisors who encourage frequent trading. Warren Buffett shared the success of Berkshire’s insurance ventures: Buffett shared … Read more