A trader works as a screen displays the trading information for GameStop on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The GameStop stock frenzy and the retail trading revolution it created five years ago were fueled in part by a financial malaise among younger investors, according to experts. That generational…
Stefanikolic | E+ | Getty Images As tax season opens Monday, families with minor children have the option to register for Trump accounts — plus a one-time federal government contribution — when filing 2025 returns. Enacted via President Donald Trump‘s “big beautiful bill,” Trump accounts were designed to start early wealth building with a one-time…
People line up outside the Social Security Administration office in San Francisco. Getty Images Social Security, the federal social insurance program that millions of Americans rely on for income, faces a shortfall in funding it counts on from its trust funds. But that doesn’t mean the program is going bankrupt or will be entirely unable…
By some measures, Generation Z is the hardest hit by the affordability crisis. Even though young adults are more likely to have a college degree and work full time compared with their parents at this age, that combo also comes larger student loan balances, which have proved to be a significant obstacle for those starting out. At…
U.S. President Donald Trump gives a speech at the World Economic Forum (WEF) on January 21, 2026 in Davos, Switzerland. Chip Somodevilla | Getty Images News | Getty Images As Americans prepare for the start of tax season next week, several new tax breaks are on the table as part of President Donald Trump’s “big…
Coolpicture | Moment | Getty Images As you gauge how much income you’ll need to pay for your living expenses in retirement, don’t forget to consider how you’ll cover unexpected costs. More than 8 in 10 retiree households — 83% — will face unplanned outlays in any given year, according to new research from the Center for Retirement Research…
Retail investors may already be preparing for the start of the 2026 tax filing season, which the IRS announced this week will begin on Jan. 26. Using tax-efficient investing strategies throughout the year can help minimize an investor’s tax burden and optimize their portfolio’s value for years to come, says Bill Harris, the founder and…
Damircudic | E+ | Getty Images As more older Americans near retirement, many are eager to boost 401(k) savings to combat the rising cost of health care and other day-to-day expenses. And for 2026, there are key 401(k) changes that investors need to know, financial experts say. This year, “small 401(k) details matter more than…
Ascent/ Pks Media Inc. | Photodisc | Getty Images Many Social Security beneficiaries will soon receive their first benefit checks for 2026. Jan. 14 marks the earliest date beneficiaries can receive January payments, depending on the Social Security Administration’s schedule based on date of birth. Those checks will include a 2.8% benefit boost, thanks to…
Momo Productions | Digitalvision | Getty Images As part of an ongoing effort to give 401(k) investors more access to guaranteed income in retirement, a bipartisan bill in Congress would allow some workers to use their retirement savings to buy annuities outside of their plan. The Retirement Simplification and Clarity Act, or H.R. 6324, would…
