Advisors

Hannah Williams of Salary Transparent Street. Credit: Brandon Showers Photography For most people, asking others “What do you do for a living?” is just one part of everyday small talk. But for Hannah Williams, posing that question to strangers is, in fact, what she does for a living. As the content creator behind the account

Moyo Studio | E+ | Getty Images It used to be when you talked about marriage and the “golden years,” the picture was a traditional one. Get married, work hard, buy a house, have children and retire surrounded by family and some grandchildren. Divorce was a hush-hush topic and a rare occurrence. However, as the

Finding the right financial advisor to help with your financial needs and goals can be a very complicated process. There are so many things to consider. For example, every financial advisor has their own area of expertise. The services provided by financial advisors will vary based on the type of advisor but, overall, a financial

Unexpected medical bills can cost as much as $1,000 or more. Sometimes, these expenses are unavoidable. Still, you can take steps or ask questions of medical providers or your insurance company to avoid overpaying or getting saddled with charges you can’t afford to pay. According to the Consumer Financial Protection Bureau, about $88 billion of

Marco Vdm | E+ | Getty Images The wage gap costs women in the U.S. about $1.6 trillion a year, a new report finds. Women earned 78 cents for every dollar that men made in 2022, according to National Partnership for Women and Families. Researchers calculated the total cost to women of the wage gap

Halfpoint Images | Moment | Getty Images Many women already feel they are behind when it comes to being financially prepared for retirement. There’s another risk they have to watch for: disruptive curveballs life throws at them that may put them off track, according to recent research from financial services firm Edward Jones and aging

To be sure, 529 college savings plans already had a lot going for them. Now, thanks to ”Secure 2.0,” a slew of measures affecting retirement savers, they’re about to be even more attractive. Starting in 2024, savers can roll unused money from 529 plans over to Roth individual retirement accounts free of income tax or tax penalties. Among other limitations,

Prapass Pulsub | Moment | Getty Images As year-end approaches, some investors may be weighing a Roth individual retirement account conversion to save on future taxes. But there are several things to consider first, experts say. The strategy transfers your pretax or non-deductible IRA funds to a Roth IRA, which kick-starts future tax-free growth. But

Westend61 | Westend61 | Getty Images Thanks to a law passed four years ago, borrowers with outstanding federal student debt are able to tap into any remaining 529 college savings plan funds they have to pay down up to $10,000 of what they owe. That may now be a particularly appealing option, given that federal

Gasoline was priced from $4.29 a gallon at a fuel station in Virginia on Aug. 16, 2023. Anadolu Agency | Anadolu Agency | Getty Images Inflation rose in August on the back of higher gasoline prices, according to the consumer price index. But there’s good news for Americans: That increase is likely temporary, economists said.

Most Americans have never used ChatGPT. The majority aren’t interested in using generative artificial intelligence tools specifically for financial advice, either, according to a new CNBC Your Money Survey — at least not yet. Slightly more than one-third of U.S. adults — 37% — are interested in using AI tools to help them manage their

Jeffrey Coolidge | Photodisc | Getty Images The IRS is launching plans with boosted technology and artificial intelligence to collect unpaid taxes from higher earners, partnerships and large corporations, which could transform tax compliance or spark challenges for the agency, experts say.  After past criticisms of low audit rates among the wealthy, the IRS on

Mason King Courtesy: Mason King More than a year of recessionary forecasts have created “a highly unusual market,” said Mason King, a principal of Luther King Capital Management in Fort Worth, Texas, which ranked No. 1 on CNBC’s list of the top 100 financial advisors in the U.S. for 2023. As a whole, the current climate has created

Used car sales are soaring all over the U.S., and companies from Autonation to CarMax, Carvana and Buffalo, New York-based used car start-up ACV Auctions are benefitting. Patrick T. Fallon | Bloomberg | Getty Images During the pandemic, shoppers splurged on higher-end new cars. Now, given the current high car costs and interest rates, drivers

John M Lund Photography Inc | Digitalvision | Getty Images Most Americans will have to rely on their savings to fund their retirement, but financial stress makes it hard for many workers to save. A new CNBC Your Money Survey found that 74% of Americans are feeling financially stressed, up from 70% in an April

oatawa | Getty As the U.S. Department of the Treasury and IRS roll out proposed regulations for crypto tax reporting, experts say it’s critical for investors to accurately report and track activity. Stemming from the 2021 federal infrastructure bill, the agencies on Friday unveiled the long-awaited tax reporting proposal for cryptocurrency, non-fungible tokens and other

For a growing number of families, financial aid is key when it comes to paying for college. With tuition on the rise, most college-bound students now rely on a combination of resources to make it work, including income and savings, free money from scholarships and grants, and, of course, student loans, according to education lender Sallie

Violetastoimenova | E+ | Getty Images By some measures, Americans have never been more in the red. In the second quarter of 2023, total credit card debt surpassed $1 trillion for the first time ever, which helped bring total household debt to $17.06 trillion, also a fresh record, according to the New York Federal Reserve. But

Consumers have remained remarkably resilient amid a series interest rate hikes aimed at cooling inflation. However, there are recent signs of a shift. Shoppers are still buying more than last year, but spending growth is slowing as the economy settles down, according to Jack Kleinhenz, chief economist of the National Retail Federation. “There are ongoing

A Miami supermarket in July 2023. Joe Raedle | Getty Images News | Getty Images The forecast for the post-pandemic U.S. economy once called for a recession. Now many experts are backing off those predictions. In the latest about-face, 69% of economists surveyed by the National Association for Business Economics said they see a “soft