This Week’s Must Read

Americans flocked to Florida for low taxes and sunshine, but an under-the-radar cost of homeownership keeps rising: insurance

Article originally posted to Business Insider. For years, homeowner’s insurance rates have been increasing across the US. In Florida, this is especially obvious due to inflation and severe weather that makes construction costs and the cost of rebuilding and replacing a home incredibly high. The Insurance Information Institute projected that property insurance rates in Florida could […]

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High-Earning Retirement Savers Are Losing Some of Their 401(k) Tax Break

Article originally posted to The Wall Street Journal. Millions of high-earning Americans are slated to lose a popular tax deduction starting next year. Savers ages 50 and older can make catch-up contributions in their 401(k) accounts each year, with eligible workers allowed to put an extra $7,500 into their accounts, for a total of $30,000, this

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What Is Retirement Resilience—And How Can You Build It

Article originally posted to Forbes.com. Most people (69% of men; 81% of women) experience some sort of unexpected event after they retire, according to a recent survey conducted by Age Wave and Edward Jones. As a result, a very high percentage of retirees (93%) agree that preparation, flexibility, and willingness to adapt are keys to

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When To Expect The Fed To Raise Rates Again

Article originally posted to Forbes.com. Markets estimate that the U.S. Federal Reserve is on course to hike interest rates by 0.25-percentage-points after its next two-day meeting on July 26. There is more economic data to come before then. However, the Fed’s own economic projections paired with recent comments by Fed Chair Jerome Powell and the

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Give The Gift Of Financial Independence This Father’s Day

Article origianlly posted to Forbes.com. When it comes to Father’s Day, there definitely is no shortage of amazing gift ideas from tech gadgets to barbecue gear and subscriptions to anything imaginable. But there is a gift that many are not even thinking or writing about that Dad might appreciate the most, and that is giving

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Six Genius Travel Hacks to Earn More Points and Miles from Every Dollar

Article originally posted to Bloomberg. It’s pretty much a full-time job to stay on top of the ever-evolving world of travel hacks. Trust us, we would know. There are constant shifts in loyalty programs, rules, partnerships and bonus earning opportunities, as well as mergers and acquisitions. On top of it all, a mass of fine print can contain little-known perks that credit

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8 Things You Need To Know About Taxes Once You Reach Age 65

Article originally posted to Forbes.com. Tax planning doesn’t necessarily get easier as you age. There are times when taxes get more complicated as you get older. When taxes are complex, there are more opportunities to benefit from proactive tax planning. This could be good news in the form of tax deductions and tax credits. Tax

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