Personal Finance

There’s another reason Tesla‘s faithful investors might want to scrutinize CEO Elon Musk‘s public musings on taking the company private: Shareholders would likely face a tax bill. Musk’s surprise announcement last week — which is under review for possible violations of securities laws, according to various published reports — included his hope to let shareholders
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If income inequality continues to grow, so, too, will the gap between wealthy and struggling retirees. That’s the takeaway from a new report by the Urban Institute, a progressive think tank in Washington, D.C., and funded by the Department of Labor, which analyzed how rising inequality will shape the landscape of American retirement. “People have
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When it comes to choosing a college, affordability is now one of the most important criteria for families. But crossing off a pricey private school could be a big mistake. It’s true that public schools charge less than half as much, on average. At public, four-year institutions, the cost for the 2017-18 school year was
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With individual tax rates down, a new boogeyman is haunting investors: inflation worries. Those were the findings from the American Institute of CPAs’ Personal Financial Satisfaction Index, which measures investors’ “financial pleasure” or “financial pain” based on a range of economic factors, including personal taxes, inflation, job openings and real home equity. Overall, the Personal
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