What to Do With Your Tax Refund? Save for Emergencies.
The average federal income tax refund is smaller this year, but it’s still almost $3,000. And for strapped taxpayers, that can provide a financial boost. As of March 31, the average federal tax refund was $2,910, down 10% from $3,226 at the same time last year,...
Why is OPEC Cutting Oil Output?
Here are the main reasons why OPEC+ is cutting output: CONCERNS ABOUT WEAK GLOBAL DEMAND Saudi Arabia has said voluntary output cuts of 1.66 million bpd on top of the existing 2 million bpd cuts were made as a precautionary measure aimed at supporting market...
Markets Got You Down? Consider a Roth Conversion
Nobody wants to pay taxes now when you can defer them to a future year, right? Not so fast. Are there times when it makes sense to take the taxable income you don’t need for current expenses? One of MoneyLetter’s colleagues, Bruce Hardy – portfolio manager for the...