The December 31 RMD Deadline: What Retirees Must Do Before Midnight
If you're 73 or older, the deadline to take your 2025 required minimum distribution is December 31. Missing it triggers a steep 25% penalty—here's what you need to know.
183 articles found for "tax"
IRS Raises 401(k) Limit to $24,500 for 2026: What Retirement Savers Need to Know
The IRS has announced higher 401(k) contribution limits for 2026, including a new $24,500 cap and enhanced catch-up contributions. Here's how to maximize your retirement savings.
The IMF Just Gave the American Economy a 2.6% Growth Forecast and a Blunt Warning That Rising Debt and Tariffs Could Unravel the Entire Story
The IMF's 2026 Article IV consultation projects 2.6% US GDP growth but warns that public debt is on track to reach 140% of GDP by 2031, while tariffs threaten to cut output by 0.5%.
The Fed Is Caught Between Inflation Reaccelerating to 3.1% and GDP Slowing to 1.4%, and the Stagflation Scenario Nobody Wanted Has Become the Central Challenge of 2026 Monetary Policy
Core PCE inflation reaccelerated to 3.1% in January while GDP slowed to 1.4% in Q4. The Federal Reserve faces its most difficult policy environment since the 1970s, and the rate cut playbook for 2026 has been torn up.
Congress Just Passed Landmark Stablecoin Legislation That Creates a Federal Framework for Digital Currency Banks, and the Biggest Regulatory Shift in Crypto History Will Reshape How America Moves Money
The US Congress passed sweeping stablecoin legislation creating a federal framework for digital currency banks. The OCC can now charter National Digital Currency Banks under strict reserve requirements.
The VIX Just Hit Its Highest Level of 2026, Surging 42% Year-to-Date, and the Triple Threat of Inflation, Tariffs, and the AI Selloff Has Ended the Low-Volatility Era
The CBOE Volatility Index hit its highest level of 2026, surging 42% year-to-date as hot PPI inflation data, imminent tariffs, and the tech sector selloff end the low-volatility regime.
The S&P 500 and Nasdaq Just Closed Their Worst Month Since Last March, and the Five Risks Stacking Up for the First Week of March Should Change How You Think About Your Portfolio
The S&P 500 and Nasdaq posted their worst monthly performance since March as hot PPI data, tariff deadlines, and AI disruption fears converge heading into a treacherous first week of March.
The Supreme Court Struck Down IEEPA Tariffs in a Landmark Ruling, but Trump's Pivot to Section 122 Means the Trade War Has a New Legal Foundation and the Same Economic Consequences
The Supreme Court ruled that IEEPA cannot be used to impose tariffs, but Trump responded within hours by invoking Section 122 of the Trade Act of 1974, keeping tariff rates elevated.
Bank of America Says the K-Shaped Economy Has Morphed Into an E-Shape as Middle-Class Spending Growth Falls to 1%, and the Three-Way Consumer Split Changes Everything Investors Thought They Knew
Bank of America data reveals spending growth of 2.5% for the wealthy, 1% for the middle class, and 0.3% for lower earners. The old K-shaped recovery has fractured into three tiers, reshaping how to invest and plan.
300,000 Federal Jobs Are Gone, AI Is Devouring White-Collar Hiring, and America's Professional Class Is Staring Down Its First True Recession in a Generation
One year after DOGE began slashing federal payrolls, 300,000 government jobs have been eliminated, AI is displacing professional workers, and economists warn a white-collar recession is taking shape.
Trump Confirmed That 25% Tariffs on Canada and Mexico Start March 4 and China Gets Hit With Another 10%, and the Trade War Just Entered Its Most Dangerous Week Yet
President Trump confirmed that 25% tariffs on Canadian and Mexican imports will take effect March 4, with an additional 10% levy on China bringing total Chinese duties to 20%. Markets brace for retaliation.
Treasury Yields Just Fell to Their Lowest Level in Three Months as AI Disruption Fears and Tariff Uncertainty Drive the Biggest Rotation Into Bonds Since the Regional Banking Crisis
The 10-year Treasury yield fell to 4.01% on Feb. 26, its lowest since November, as investors flee tech stocks and seek safety in government bonds amid AI disruption and tariff fears.