Personal Finance

In order to reach your wealth-building goals, selecting the right kind of investment account is as important as choosing an appropriate asset allocation. By taking advantage of tax-favored accounts, millennial investors can supercharge their nest eggs. An often overlooked but powerful wealth-building tool is the health savings account. Contributions to an HSA are tax-deductible, and
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Average salary: $41,060 Recreational therapists get injured patients back on their feet using music and art, and games and sports. “You can utilize previous experience with a sport, art, dance or some other recreational activity — and the work demands compassion and interpersonal skills that older workers may have developed,” Shatkin says. Normally, these positions
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Student loan borrowers would have their monthly bills automatically deducted from their paychecks if a Republican-backed proposal becomes law. Sen. Lamar Alexander, R-Tenn, chairman of the Senate Health, Education, Labor and Pensions Committee, laid out the details of the massive overhaul to the student loan system in a speech earlier this month. The changes could
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Seniors lose an estimated $2.9 billion annually from financial exploitation, according to the Senate Special Committee on Aging. Impersonating the IRS was the No. 1 scam targeting seniors in 2018. More than 1,500 seniors across the country contacted the committee’s fraud hotline in 2018; however, Kansas Attorney General Derek Schmidt said in recent testimony that
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Steele Burrow / Aurora Photos | Aurora Open | Getty Images Cattle grazing near Lexington, Virginia Set midway between Roanoke and Charlottesville, Virginia, scenic Lexington “delights visitors with cool shops and boutiques, a walkable downtown … restaurants that use locally sourced ingredients, and a wealth of Southern history,” says AARP. Trawl the Virginia Military Institute
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The markets have recovered from their year-end turbulence. Still, you’ll likely see the negative effects of that turmoil when you open up your latest 401(k) statement. Average account balances for 401(k), 403(b) and individual retirement accounts dropped for the fourth quarter of 2018 compared to the previous quarter, according to Fidelity Investments. The average 401(k)
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