Hiding your income tax refund in your sock drawer may feel handy, and locking it in your safe may feel secure, but putting it in the right savings or investment vehicle will make it grow. Americans expecting a refund on their 2018 federal income taxes anticipate they’ll get $1,861 back, on average, according to a new … Continued
Like death, taxes remain uncertain. But they’re now on sale. Under the new tax laws, individual tax rates are broadly lower and the standard deduction — which directly reduces your taxable income — is nearly double what it was. A taxpayer who previously fell into the 15% tax bracket is now taxed at a 12% rate. … Continued
Some interns spend their days fetching coffee. Others get their hands on something even hotter: their first 401(k). Not so long ago, scoring an internship that actually paid might have seemed novel. But recent studies by the National Association of Colleges and Employers have found that among graduating college seniors, paid internships are increasingly the … Continued