You can still put money in an I.R.A. for 2022, and that’s better than not investing at all. But an early start would have given you a great advantage, our columnist says.
Category: Personal Finances
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Why Investing at the Last Moment Can Hurt Your Returns
The New York Times – Business: -
You Can Use Your Tax Refund to Buy I Bonds, but Should You?
The New York Times – Business:The answer depends on whether you’re looking to get high interest rates now or a safe investment with inflation protection over many years.
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How Young Couples Talk About Money in Relationships
The New York Times – Business:In an age when making Venmo payment requests is easy, many young couples find that discussing their finances can be hard.
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Real Interest Rates Are Moving Up, but Don’t Celebrate Yet
The New York Times – Business:While markets are predicting that inflation will fall further, savings rates still aren’t keeping up with the prices we’re paying.
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A New Option for Moving Retirement Savings When Switching Jobs
The New York Times – Business:Three big 401(k) administrators are making it easier for workers with accounts of less than $5,000 to transfer the money to their new employers’ plans.
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How to Prepare for a Possible Layoff
The New York Times – Business:What you should do while you are still employed, how to retain important data and what you should be doing with your money.
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How Multicurrency Accounts Take the Bite Out of Spending Money Abroad
The New York Times – Travel:Travelers fed up with lousy exchange rates and punitive foreign transaction fees are signing up for apps that let them decide where the buck (or euro or pound) stops.
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For More Certainty in Your Retirement Portfolio, Consider Annuities
The New York Times – Business:Higher interest rates made annuities more attractive in 2022. Better quality products are increasingly available, but consumers still need to read the fine print.
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Is It Time for a High-Yield Savings Account? What to Know About Rates.
The New York Times – Business:Some online banks offer yields of 3.3 percent or more, but savers may be reluctant to open one because they think it will be a hassle.