Some pension plans let retirees choose between smaller lifelong income payments or a large lump sum. If one or both spouses are in line to receive pensions, a couple should at least explore some of the possibilities for lump sum investment.
With Americans contributing about $592 billion to charitable organizations in 2024, it is clear that charitable giving remains a powerful way to support the causes that matter most. In addition to advancing philanthropic goals, charitable donations may offer tax advantages. Here is an overview of some strategies to consider. Donating appreciated assets If you own appreciated assets, such as stocks, mutual funds, or real estate that have increased in value and have been held for more than 12 months, donating these directly to a qualified charity may be a tax-efficient way to give. By donating assets...
In a stunning shift of global geopolitics, Venezuela has entered a period of profound transition following the dramatic seizure of Nicolás Maduro. This event has not only reshaped the country’s leadership but has also triggered a radical...
ABLE (Achieving a Better Life Experience) accounts are tax‑advantaged...
The U.S. stock market started 2026 on a strong note, with major indexes...