Pulling heartstrings and purse strings: Grandparents spend $179B annually on grandkids
Grandparents are advised to give cash gifts without putting their future financial security at risk.
Longevity
Trump’s budget could open up this tax-free savings account to people on Medicare
The Trump administration unveiled its proposed budget that includes provisions that would enable Medicare beneficiaries to contribute to a health savings account.
Half of Americans see market swings as opportunities to cash in
Although volatile markets mean opportunities for some investors, most clients will be better off ignoring market corrections if they are investing for the long term.
Employees are probably going to live longer — can they afford it?
People are expected to have a longer life span, and this could pose a challenge in that it will require bigger nest eggs for retirement.
Where to hide from market volatility if workers are about to retire
Investors are advised to liquidate some assets or transfer them to certificates of deposit and money market funds.
