Under the COVID-related tax relief acts, FSA plans were given greater flexibility in 2020 and 2021, with the assumption that employees would have more unused health FSA and dependent care assistant amounts. Some of the new legislation changes included the carryover of unused amounts from 2020 and 2021 plan years, extended grace periods for incurring… Continue reading 18 FSA-Eligible Products You Can Still Buy
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How to Protect Yourself From Travel Scams
It seems like any opportunity scammers can find to take advantage of consumers, they do. The latest scam capitalizes on the thousands of flights being delayed or canceled as travelers try to reschedule their flights or try to find deals for their next trip. more than 59 million Americans reported having lost money as a… Continue reading How to Protect Yourself From Travel Scams
How to Protect Against the Bite of Bank Fees
Now is the perfect time to take a close look at the fees your bank charges you. It’s a great personal finance move for the new year, especially as inflation takes a bite out of consumers’ hard-earned income. Plus, two major banks just cut some of their hefty fees. This week, Bank of America (BAC)… Continue reading How to Protect Against the Bite of Bank Fees
Junior mining and exploration boom needed to push EVs over the top
The transition to electric vehicles will require huge investments into mining for the key resources that go into batteries Petro Canada’s electric vehicle charging station is shown on display at the Canadian International Auto Show in Toronto. Photo by THE CANADIAN PRESS/Christopher Katsarov files By David Rosenberg and Ellen Cooper Advertisement This advertisement has not… Continue reading Junior mining and exploration boom needed to push EVs over the top
Stock Market Today: Stocks Hang On to Gains After Scorching Inflation Update | Kiplinger
Stock Market Today The Labor Department’s latest report showed consumer prices hit a nearly 40-year high in December.Inflation was the story of the day on Wall Street, and the latest numbers sparked another choppy session for stocks. Kiplinger staff economist David Payne previously forecast that inflation would likely end 2021 around a 40-year high, which… Continue reading Stock Market Today: Stocks Hang On to Gains After Scorching Inflation Update | Kiplinger
The 10 Best Closed-End Funds (CEFs) for 2022 | Kiplinger
If someone offered to sell you a dollar for 90 cents … well, you’d probably think it was too good to be true. Yet these are exactly the kinds of opportunities that arise in the market’s best closed-end funds (CEFs). CEFs are a type of investment fund, and in fact, they are older than mutual… Continue reading The 10 Best Closed-End Funds (CEFs) for 2022 | Kiplinger
Payments Stocks: Jefferies Likes V, MA, SQ, Cautious on PYPL | Kiplinger
stocks Jefferies says it’s getting more selective in the payments-services space. It’s favorable on several blue chips, but not all.2021 was a trying time for shareholders of major payments stocks. During a period in which the S&P 500 racked up roughly 27% gains, Mastercard (MA, +0.7%), Visa (V, -0.9%), PayPal (PYPL, -19.5%) and Square (SQ,… Continue reading Payments Stocks: Jefferies Likes V, MA, SQ, Cautious on PYPL | Kiplinger
US stock futures edge higher along with bond yields, as 39-year-high inflation reading sinks in
It’s been a rocky year so far on Wall Street.John Moore/Getty Images US stock futures inched higher Thursday after data showed inflation soared to 7% in December. Bond yields also rose slightly as investors digested the hottest inflation reading since 1982. One strategist said he expects the key US bond yield to hit 2% but… Continue reading US stock futures edge higher along with bond yields, as 39-year-high inflation reading sinks in