A tax deduction is not a given each time you open your wallet for a worthy cause. So be sure to check with an advisor first.» Read More
When tax-loss harvesting, investors should keep in mind transaction costs, maintaining proper exposure and how and when to act.
Year-end is traditionally time to undertake tax-loss harvesting to offset investment gains, a good idea for any investor, say advisors.
Rebalancing, like asset allocation, largely determines a portfolio's return, say many advisors. So it's important to pay attention.
Many workers use annual open enrollment to tweak employee benefit options, but others let old selections ride - a big mistake, say advisors.
Just in case you've been procrastinating, here's a year-end checklist to get through before heading to your New Year's Eve party.
Failing to take advantage of all your available tax breaks now gives you a lighter wallet—and Uncle Sam an undeserved bonus.
Advisors recommend you reassess your financial plan after every major life event to ensure you are shielded from financial curveballs.
The end of the year is a good time to review estate plans, particularly if you've had a change-in-life circumstance in the past 12 months.
Include insurance coverage on your financial planning checklist. All too often, this safety net protecting assets gets short shrift.
Burned by the Great Recession, investors still play it safe, but advisors say hesitancy to invest for growth hurts the size of nest eggs.
Investors planning to buy a mutual fund in a taxable account by the end of the year can get stuck paying taxes on gains they didn't earn.
The rubber's hitting the road for baby boomers nearing retirement, who must convert nest eggs into a stream of income they won't outlive.
Accelerating deductions, harvesting losses and timing investment income can help taxpayers lower the 2014 tax bite from Uncle Sam.
Regular reallocation of portfolio savings among asset classes is not only wise but critical to managing risk, say financial advisors.
Popular for maximizing after-tax returns, harvesting losses to offset capital gains also comes with some pretty sizable downside risks.
Social Security is a crucial part of retirement planning so financial advisors are helping retirees choose the right age to claim benefits and break even.
Financial advisors caution clients in or planning for retirement to budget, spend and save with discipline to avoid going bust and outliving savings.
The dreaded budget is still the best way to control spending and set realistic savings goals, say financial advisors.
Advisors urge reluctant clients to rebalance portfolios away from stocks before the new year, in the interest of diversification.
While a growing number of Americans have a retirement account, most are still woefully unprepared for their golden years, experts say.
Taking THE PULSE of the technology sector with must-know industry news, new products, trends and perspectives beyond the headlines.
In an industry that is constantly evolving, The Tech Bet provides analysis to help make the best investment decisions.
The potential and pitfalls of investing in India as GDP remains healthy but Modi struggles with reform.
A tax deduction is not a given each time you open your wallet for a worthy cause. So be sure to check with an advisor first.
As the end of the year approaches, it's a good time to check your financial situation by reviewing important documents.
Advisors Lazetta Rainey Braxton and Shannon Eusey caution savers to maximize 401(k) opportunities but avoid pitfalls.