2026-02-12T21:00:56.569Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app…
Leaving the workforce changes many aspects of your 401(k), and once you retire you will have to make a number of important decisions about your retirement nest egg. If you…
Key takeaways With the back-to-school shopping season in full swing, families should take every opportunity they can to save money. One way to lower costs is to shop during a tax-free weekend or holiday, if one is offered in your…
The standard deduction for a widow over 65 can be higher than that of the average taxpayer. This has the potential to lower your taxable income and reduce your federal tax bill. This is because widows may be able to…
A 401(k) loan does not appear on your credit report because it isn’t considered a loan from a third-party lender. When you borrow from your 401(k), you’re borrowing your own money. As such, it isn’t subject to credit checks or…
2026-02-12T18:21:06.534Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log…
Reaching age 65 doesn’t automatically change how the IRS taxes your 401(k) withdrawals. Instead, it taxes distributions from a traditional 401(k) as ordinary income, just like wages or Social Security benefits. Your tax rate depends on your total taxable income and filing status in the year you make the withdrawal,…
This as-told-to essay is based on a conversation with Roxanne Ardekani, 28, a student at Norland in Bath, England. Norland is an institution, almost 135 years old, that trains elite…
Meta is also getting into the super PAC game, establishing two different PACs last year to support candidates aligned with their vision for AI regulation.Unlike the other PACs, Meta’s efforts…
fizkes / Shutterstock.comIn a sea of applicants, your skills are your chance to say, “Here’s what I’m really good at — and why you should care.” Whether you’re a creative problem-solver, a spreadsheet wizard, or someone who can lead a…
pics five / Shutterstock.comOn a whim, I tallied up the monthly payments for all the streaming TV services I currently get free through my job at CableTV.com. My calculator spat out a shocking figure: $619.28. While cleaning up the coffee…
When it comes to taxes, dependents can affect your return in ways many families don’t expect. Whether you’re claiming a young child, a college student or an aging parent, understanding how deductions and credits apply may change how much you…
Spousal benefits are Social Security payments based on a spouse’s lifetime earnings record, and a spouse may receive up to half of the working spouse’s benefit. Eligibility is automatic, but payments do not begin until the spouse files an application…
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Finance
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There was a time I thought I’d spend the rest of my life in New York. After more than a decade in Manhattan, the streets felt like my own, and my identity felt entwined with the city.Even after having two…
At companywide conferences, Bethany Mascena’s firm used to have what was called “lobby social club”: Colleagues would convene at the end of the day to…
When I first found out I was pregnant, I frankly didn’t put much thought into long-term childcare plans. Living in New York City, my husband…
Business & Startup
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Key takeaways An LLC has access to some small business loans that are designed specifically for funding a variety of business expenses. LLC loans can be used for many things, including working capital, covering start-up costs, equipment or inventory purchases,…
Many small business owners are betting on growth in the year ahead, even as inflation, labor shortages and economic uncertainty continue to pressure operations, a…
Markets
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For years, the software that companies use to draft, sign, and store contracts was legal tech’s center of gravity. Then ChatGPT arrived.Budgets and attention snapped to agents and copilots, and legal pundits started declaring the contract software category a ticking…
Some parts of the US might still be in the peak of winter, but down in the sunnier states, people are already bringing out their…
2026-02-12T12:43:20.753Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link…
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Selling a home below its fair market value can trigger tax considerations that go beyond a standard real estate transaction. When a property is sold at a discount, the IRS may treat part of the difference between the sale price…
A non-qualified stretch annuity extends the payout of an inherited annuity over time, rather than receiving the full amount in a single lump sum. While qualified annuities (such as those within IRAs or 401(k)s) are subject to strict rules under…
A stretch annuity lets a beneficiary receive inherited annuity payments over an extended period rather than all at once. Spreading payments over time can create a steadier income stream and may limit how much taxable income is recognized each year.…
You can make a Roth IRA conversion at any time, as long as you have money in a qualifying pre-tax account. But the real question is whether it benefits you. Converting in your 60s, for example, can help you avoid…
An inherited non-qualified stretch annuity pays out over many years instead of all at once. Only the earnings in each payment are taxable because the original contributions were made with after-tax dollars. Spreading payments over time can lower the yearly…
2026-02-12T10:30:01.289Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become…
Can you remember the last time a bronze medalist became the big story out of an Olympic event? Here’s one for you: During his post-race interview, Norway’s Sturla Holm Lægreid didn’t talk about the run he’d completed, which earned him…
When comparing Medicare and Affordable Care Act (ACA or Obamacare) coverage, it helps to look at how each program works, who qualifies and what the costs may be. Medicare is a federal program for people age 65 and older and…
The US Air Force will need a lot more next-generation fighter jets and bombers to fight a war against China, former pilots and airpower experts argued in a new report.They said the Air Force will need to procure significantly more…
Software engineers are getting crushed by AI, and they think you’re next.AI’s ability to automate code is simultaneously making developers productive and overworked. One technologist said his job is harder than ever, lamenting that “AI fatigue” is real.The good news…
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A health savings account (HSA) can support your retirement plan through tax-deductible contributions, tax-free growth and tax-free withdrawals for qualified medical expenses. But not all insurance premiums qualify, so it’s…
This as-told-to essay is based on a conversation with Andrew McCollum, the 42-year-old CEO of Philo, based in San Francisco. It’s been edited for length and clarity.My first job was…
Sportswear giant Nike is seeking a golden moment at the 2026 Winter Olympics.The Nike ACG logo, short for All Conditions Gear, is on the chests of Team USA athletes at the…
A Roth IRA conversion is available any time you have money in a qualifying pre-tax account. People choose to make a conversion to reduce future required minimum distributions (RMDs), spread…
Anthropic says it’s going to foot the bill for electricity price increases tied to its data centers.”We will pay for 100% of the grid upgrades needed to interconnect our data…
McDonald’s is gearing up to feed a growing consumer group on weight-loss drugs.In a Wednesday earnings call, McDonald’s executives talked about how the chain was testing menu items for more customers on GLP-1s.CEO Chris Kempczinski said he expects GLP-1 adoption to continue to grow,…
