Author: News Room

Jensen Huang’s iconic leather jacket is going up for auction

Jensen Huang superfans: If you have at least $40,000 to spare, you have a shot at owning a valuable piece of hardware from the Nvidia CEO that isn’t a chip.Starting July 7, Sotheby’s will begin accepting bids on one of Huang’s black leather jackets, a Tom Ford piece autographed by…

Social Security Tax Thresholds for Retirement Income

Social Security benefits can be taxed at the federal level depending on your total income in retirement. Whether you owe taxes on your benefits, and how much, depends on very old data. The IRS uses income thresholds set decades ago that have never been adjusted for inflation. As incomes and…

Sam’s Club rotisserie chicken beats Costco, Consumer Reports says

Costco’s iconic $4.99 rotisserie chicken has earned a cult-like following among shoppers for years, but Consumer Reports says Sam’s Club now has the best bird in the warehouse club business. After evaluating rotisserie chickens from 10 grocery chains, warehouse clubs and big-box retailers, Consumer Reports named Sam’s Club’s Member’s Mark…

Roth IRA Catch-Up: Contribution Rules and Examples

If retirement is on the horizon, every extra dollar you save can make a difference. That’s the idea behind Roth IRA catch-up contributions, which allow investors age 50 and older to contribute more than the standard annual limit. These additional contributions can help boost tax-free retirement savings. But eligibility rules,…

The Empire State Building couple is the summer romance we need

It’s been a drought of a summer for romance. Finally, just a few days before the glorious 250th birthday of this nation, we got a hot and confusingly romantic love story with the couple that climbed the Empire State Building.I’ve been spending the last four weeks watching the least romantic…

Tesla posts record Q2 deliveries, beating Wall Street expectations

Tesla reported strong second-quarter deliveries Thursday, blowing past Wall Street expectations as a rebound in Europe helped fuel hopes that the electric vehicle maker can return to annual growth. The Austin, Texas-based company delivered 480,126 vehicles from April through June, a record for the second quarter, up about 25% from…

MAGI for a Roth IRA: Income Limits and Calculation Examples

A Roth IRA can be one of the most powerful retirement savings tools available, offering the potential for decades of tax-free growth and tax-free qualified withdrawals. But not everyone is eligible to contribute directly. The key decider is your modified adjusted gross income (MAGI). This tax calculation determines whether you…