Claiming a dependent does not reduce the taxes taken from each paycheck by a fixed amount. Instead, dependents may make you eligible for federal tax credits, and accounting for those credits on Form W-4 can change how much federal income…

TSP Roth Conversion: Tax Rules and Examples

Federal employees with traditional Thrift Savings Plans can now convert money to a Roth TSP. This moves their future qualified growth and withdrawals into tax-free territory, but creates a substantial current-year tax bill. However, Roth TSP balances are not subject to lifetime required minimum distributions (RMDs). Here’s how the tax…

How AI Data Centers Are Making Everything More Expensive

The rapid growth of AI data centers is creating a shortage of the memory chips used in everyday devices like laptops, phones, cameras, and gaming consoles. The world’s three largest memory chipmakers — SK Hynix, Samsung, and Micron — are shifting production to High Bandwidth Memory, specialized microchips that power…

You followed the rules. You worked hard, contributed to your retirement accounts, and finally you’re approaching, or already crossed, the finish line. But thanks to unpredictable inflation and a volatile stock market, your carefully planned retirement budget might be feeling…

Millions of people set sail on cruises every year looking for a stress-free way to see the world. After all, your food, lodging and entertainment are generally bundled into one neat package. All you have to do is book and…

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A career breaks is risky. For them, it paid off.

At a time when layoffs, low hiring rates, and a culture of mass applying have contributed to a frenzied job market, taking a career break could be one of your riskiest decisions.But what if it ends up being the best?Government…

What Meta bought with its  billion settlement

Last week, when Meta went on trial over allegations that Facebook and Instagram were designed to addict kids, I hunkered down for weeks of testimony from executives, including CEO Mark Zuckerberg.Just eight days later, it was over. On Wednesday, Meta…

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