Here are the pros and cons of owning cryptocurrency in your 401(k) plan

Here are the pros and cons of owning cryptocurrency in your 401(k) plan

Luke Chan | E+ | Getty Images Cryptocurrency is starting to emerge as an alternative asset class in some 401(k) plans. Retirement savers may wonder if it is wise to invest. “Making it so easy and accessible has both advantages and disadvantages [for investors],” said Douglas Boneparth, a certified financial planner and founder of Bone … Read more

$2 Billion Powerball Results Finally Announced: Here Are the Winning Numbers, Does Your Company Pay the Same Wage for the Same Job in Different Locations Across the Country? This research provides insight.

$2 Billion Powerball Results Finally Announced: Here Are the Winning Numbers, Does Your Company Pay the Same Wage for the Same Job in Different Locations Across the Country?  This research provides insight.

Hello, MarketWatchers. Don’t miss these top stories. Housebuilders struggle to find buyers as developer cancellations mount: ‘Build-to-rent market increasingly important’ Homebuilders are struggling amid the housing downturn, UBS analyst John Lovallo told MarketWatch. Read more $2 billion Powerball results finally announced: Here are the winning numbers. The drawing was held after a 10-hour delay. Read … Read more

Consumers are cutting back on Christmas gift purchases amid higher inflation

Consumers are cutting back on Christmas gift purchases amid higher inflation

Inflation weighs heavily on the holidays this year. About half of shoppers will buy fewer items because of higher prices, and more than a third said they will rely on coupons to cut costs, according to a recent survey of more than 1,000 adults by RetailMeNot. While the survey found that many consumers are also … Read more

Winning ticket for Powerball $2.04 billion jackpot sold in California

Winning ticket for Powerball $2.04 billion jackpot sold in California

Anadolu Agency | Anadolu Agency | Getty Images California does not tax lottery winnings While the IRS will scrape 24% — or $239.4 million — off the top for federal withholding, California does not tax lottery winnings, according to the state’s lottery winner’s handbook. So if the winning ticket holder lives in the Golden State, … Read more

Use this year-end checklist to help navigate complex financial issues

Use this year-end checklist to help navigate complex financial issues

Westend61 | Westend61 | Getty Images The end of the year is one of the most important times for investors because there are so many decisions to be made that affect their overall financial planning. This time, the end of the year is marked by a lot of financial challenges, including inflation, market volatility, domestic … Read more

Powerball offers $2.04 billion jackpot after drawing delay

Powerball offers $2.04 billion jackpot after drawing delay

Powerball sign and lottery tickets are seen at a 7-Eleven store in Milpitas, California on November 7, 2022. Tayfun Coskun | Anadolu Agency | Getty Images The drawing for a record $2.04 billion Powerball jackpot was held Tuesday morning after a delay due to problems with only one state processing ticket sales. The main prize … Read more

The Powerball jackpot is $1.6 billion. If you win, here’s the tax bill

The Powerball jackpot is $1.6 billion.  If you win, here’s the tax bill

If you manage to beat the odds against hitting the Powerball jackpot, don’t forget that you have a silent partner in victory: the taxman. The jackpot for Saturday night’s drawing is now the biggest lottery prize ever at an estimated $1.6 billion — before taxes — should you choose to take your windfall as an … Read more

Moving in together doesn’t equate to the financial benefits of marriage, but why?

Moving in together doesn’t equate to the financial benefits of marriage, but why?

A walk down the aisle may be a path to greater wealth and prosperity for couples in the U.S. Married people have higher net worths and are more likely to be homeowners than their unmarried peers their age. The mystery, however, is why cohabiting but unmarried couples struggle to build wealth in the same way. … Read more

The $1.9 billion Powerball jackpot is up for grabs. Here is the tax bill

The $1.9 billion Powerball jackpot is up for grabs.  Here is the tax bill

Mark Ralston | Afp | Getty Images Whoever is the next Powerball jackpot winner will be looking at the largest lottery prize ever awarded. The tax bill will also be quite impressive. After no one hit all six numbers drawn Saturday, the Powerball jackpot went higher. For Monday night’s drawing, it’s now estimated at $1.9 … Read more

$1.9 billion Powerball jackpot – for annuity. Lump sum is overrated

$1.9 billion Powerball jackpot – for annuity.  Lump sum is overrated

It’s hard to imagine what it would be like to win Powerball’s $1.9 billion prize. But reality is almost always far from fantasy. “The curse of the lottery is very real,” said Andrew Stoltmann, a Chicago-based attorney who has represented several recent lottery winners. One of the very first decisions a winner has to make … Read more