The Internal Revenue Service said Friday that it will boost the maximum contribution limit to employee 401(k) accounts by $2,000 next year to $22,500, the largest increase on record, enabling millions of Americans to save and contribute thousands more dollars to tax-advantaged retirement accounts. Key Takeaways The IRS will lift the maximum contribution limit to
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If you’re dreading the first of the month, you’re likely not alone. Rental costs for single-family homes were up 26% in August from the pre-pandemic prices of February 2020 — with the national median rent for a three-bedroom property jumping by $400 a month, according to Molly Boesel, principal economist for the housing-research firm CoreLogic.
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Coming off its best month since November 2020, it will be tough for the S&P 500 in August to match the 9.1% return it notched in July. The best stocks to buy in August may be some of the best performers from July.  How long will the summer rally last? “We believe the rally will
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Birth control is vital to a person’s overall health. According to the U.S. Centers for Disease Control and Prevention (CDC), more than 65.3% of all U.S. women ages 15–49 use some form of birth control. “The average cost of birth control in the U.S. varies depending on the type of contraceptive and insurance coverage. Out-of-pocket
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Gary Burchell | Getty Images Company: Salesforce (CRM) Business: Salesforce is a global leader in customer relationship management (CRM) technology that brings companies and their clients together. It was founded in 1999 and is a pioneer in the cloud software space. It started as a tool to help enable sales teams to increase their productivity
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When most people think about the adoption process, the expenses for the birth mother (parent) are rarely considered. These expenses include pregnancy-related medical and living expenses. In some cases, expenses can extend beyond birth to postpartum recovery. Almost all U.S. states have laws governing the fees and expenses that adoptive parents are expected to pay
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Chinese electric vehicle (EV) manufacturer Nio (NYSE:NIO) looks like a sure winner over the coming years. That’s because Nio’s growth, in terms of EV deliveries as well as revenue generation, is indisputable. Additionally, Nio is mapping out a carefully planned venture into potentially lucrative European markets. For these reasons, NIO stock should prove to be a
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S3 Studio | Getty Images Check out the companies making headlines in midday trading. Snap — Shares of the Snapchat parent company cratered 28.1% after it missed revenue estimates and saw its slowest sales growth since going public as advertising spending slows. The results from Snap hit other ad-reliant stocks, sending shares of Pinterest and
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When bear markets come around, panic tends to ensue. As the move lower accelerates, stress levels rise as investors worry about the economy, their jobs and their money. But bear markets are precisely the time when investors should be looking for stocks to buy. Truth be told, bear markets aren’t all that common. The long-term
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