The Latest Breaking News on Personal Finance

Are Your Retirement Savings on Track at Ages 55 to 60? Take Our Quiz

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Kiplinger · Apr 17

Selling a Long-Term Home Can Lead to Capital Gains Taxes—Even for Retirees

Selling a home you’ve lived in for decades can feel like a victory lap. You’ve built equity, watched your neighborhood evolve, and now you’re ready to cash in—maybe to downsize, relocate, or finally enjoy retirement without the upkeep. But here’s the curveball many retirees don’t see coming: a hefty tax…

The Free Financial Advisor · Apr 17

Is a Roth Conversion Right For You? 3 Questions to Ask First

Don't let a Roth conversion backfire. Learn the 3 questions every investor needs to ask about tax brackets, liquidity and asset allocation before making the move.

Kiplinger · Apr 17

UK Pension Schemes Bill: MPs back government's power to influence investment choices

In a bold shift, Parliament has empowered the Labour Party to steer private pension investments, a key development in the Pension Schemes Bill. This regulation introduces a framework for government-led initiatives to funnel retirement savings into critical areas such as domestic infrastructure.

The Times of India · Apr 16

Martin Lewis Blasts 'Grotesque' Council Tax System — What The Biggest Reform In 30 Years Means For You

The UK government announces significant reforms to council tax debt collection, aiming to reduce financial pressure on households by slowing down processes and introducing flexible repayment plans.

International Business Times UK · Apr 16

Inherited IRA Rules Now Require Full Withdrawal in 10 Years—Shrinking Family Wealth

The rules around inherited retirement accounts just changed in a way that quietly hits families where it hurts most: long-term wealth. For years, people relied on inherited IRAs as a powerful way to stretch tax advantages across decades, allowing beneficiaries to take small distributions while the rest continued to grow.…

The Free Financial Advisor · Apr 16

7 Things You Should Never Tell Your Adult Children About Your Personal Finances

Talking to your kids about money is important (yes, even your adult children). However, oversharing can lead to other problems. You might think full transparency...

Saving Advice · Apr 15

Medicare Tip: Adults 65+ Can Use HSA Funds for Part B, Part D, and MA Premiums Tax‑Free

If you’re like most retirees, Medicare premiums quietly eat into your monthly budget—and they tend to rise over time. What many people don’t realize is...

Saving Advice · Apr 15

5 Hidden Medicare Costs That Can Reduce Your Monthly Budget

Medicare feels like a financial lifeline when retirement finally arrives, but the real story often looks a lot more complicated once the bills start rolling in. Plenty of people expect healthcare costs to shrink once they enroll, only to realize their monthly budget still takes a steady hit from expenses…

The Free Financial Advisor · Apr 15

New Retirees Are Waiting Weeks for Their First Social Security Check—Here’s Why

Retirement finally arrives, the paperwork gets filed, and the countdown begins for that first Social Security payment to hit the account. Then…nothing. Days stretch into weeks, and what should feel like a smooth financial transition suddenly feels uncertain and stressful. For many new retirees, this delay comes as a complete…

The Free Financial Advisor · Apr 15