The Currency
75% of Americans think emergency savings are essential for financial security, though the amount on hand varies across generations, according to Empower research:
75% of Americans think emergency savings are essential for financial security, though the amount on hand varies across generations, according to Empower research:
Getting started with finances living on your own
Life
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Solo living can be a key step toward financial independence, and it can take a few months to get into a steady money routine. Here's where to start.
529 plan qualified expenses: What counts and what does not
Money
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Learn which 529 expenses qualify for tax-free withdrawals after recent law changes — and which costs could trigger taxes and penalties.
Roth vs. traditional IRAs: Which should I choose?
Work
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Two common types of IRAs are Roth IRAs and traditional IRAs, which have similar contribution limits but differ when it comes to their tax advantage. Which should you choose?