In fact, the Federal Reserve Bank of St. Louis, which last year crunched U.S. Census data, suggests that divorce can may take a toll on your income. “On average, employed individuals who went through ...

The Missouri House passed a bill to eliminate state income tax on long-term capital gains, mainly along party lines. The move, projected to cost the state treasury significantly, is aimed at aiding ...

If retiring cold turkey isn’t for you, consider a phased retirement that lets you scale back at work and ease into retirement ...

As 2025 begins, it’s the perfect time to hit refresh on your financial goals that you may have procrastinated over the past ...

If your client has a life income fund (LIF) that earned big returns in 2024, they may have the opportunity to unlock a larger portion of the LIF this year, depending on the governing province.

Governments worldwide are offering cash incentives and creative policies to boost birth rates, but declining fertility trends ...

Many don't save during the early years of their career. But it might still be possible to catch up. Here's a look at how long ...

Financial planning can be daunting for anyone, but women often face unique challenges due to societal, economic, and personal ...

People approaching or in retirement are being urged to think carefully about their pension income options, in light of ...

The average retirement age in the U.S. was 62 in 2023, but that number's been slowly ticking up over time. Rising life ...

Unfortunately, retirees living in nine states could find out they don't get to keep all of their Social Security benefits. Their state governments tax Social Security benefits based on their income, ...

However, pensions expert Helen Morrissey is urging those reaching retirement age this year to plan ahead to ensure they maximise their income in later life and know exactly how much money to expect.