Outstanding student loan debt in the U.S. is currently estimated at $16 trillion, a figure that includes both federal and private student loans. Student loan debt is the 2nd highest consumer debt category, ahead of both credit cards and auto loans, and behind only...
As we have reached the deadline to file taxes today, one of the many taxes we pay are social security taxes. Do you know where social security taxes go? The money is kept in two trust funds – one for retirees (the Old Age and Survivors Insurance Trust Fund) and one...
When putting together a strategy to pursue a comfortable retirement, you’ll want to consider many factors and risks. One of them is inflation. Why? Find out in this quick video .
Companies and government entities issue bonds to raise money for different reasons, including financing their operations. When you invest in bonds, you essentially loan money to the issuing organization and become a creditor. Over time, that money must be paid back to...
Your 401k plan (aka – employer-sponsored retirement savings plan) is one of the most convenient ways to help build a nest egg for your retirement. But did you know that your plan also offers tax benefits? In less than four minutes, this video will illustrate how...