Earned a Bonus or Interest? Don’t Forget to Pay Taxes

With tax season in full swing, you may be consolidating the various charitable donation receipts, deductions and W-2 forms that you’ll submit to the Internal Revenue Service. But if you received any bank sign-up bonuses or earned interest on your bank balance, you may owe additional taxes you might not have planned for. Interest rates on bank accounts, such as … Continue reading


Should You Rent in Retirement?

Some people rent in retirement because they don’t have much choice; they can’t afford to own homes. But financial planners say renting can make more sense than owning in some circumstances, even for retirees who can afford the costs of homeownership. Renting offers flexibility as well as freedom from all the chores and expenses of maintaining a home. Renting also may provide … Continue reading



Pandemic at 3 Years: How Our Financial Lives Have Changed

When the COVID-19 pandemic first hit, most of us had little clue just how much everything was about to change. In early March 2020, the World Health Organization and the U.S. government declared a health emergency. Within days, masks, toilet paper and disinfectants were in short supply. Businesses emptied out as former office dwellers traded in commutes and desk jobs … Continue reading


5 Ways to Deal With Money Envy

If you’ve ever scrolled through social media posts only to be gripped with envy when you see a friend posing in front of their beautiful house or enjoying themselves at a luxurious resort, then you understand how easy it is to want what other people have. Financial envy is real, and sometimes it can be ugly. “Financial envy is absolutely … Continue reading


What Should I Do With My Savings if There’s a Recession?

With a notable number of high-profile company layoffs and a lower rate of inflation, you may be wondering whether you might feel the effects of a recession in the U.S. economy in 2023 and what you can do to protect your money if there is one. Recessions are marked by a prolonged economic downturn, which is often defined as two … Continue reading



‘Bridge’ Your Way to Social Security

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Delaying the start of Social Security benefits is a powerful way for retirees to cope with inflation, survive bad investment markets and reduce the risk … Continue reading



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