7 Things Medicare Doesn’t Cover | Smart Switch: Personal Finance

kate ashford When you turn 65, you probably have a good idea of ​​what health insurance does and doesn’t cover. But Medicare is a different beast, and there are some surprising things that don’t fall under the Medicare umbrella. Medicare is the federal government’s health insurance coverage for people 65 and older and other people … Read more

Investors: Don’t sleep on portfolio diversification | Smart Switch: Personal Finance

(Sam Swenson, CFA, CPA) With stocks in a bear market, bonds offering little more than “less negative” returns, and cryptocurrencies facing a serious reckoning, the first half of 2022 should remind investors that a diversified portfolio will be necessary for years to come. . Overexposure to any particular stock or market sector can lead to … Read more

I bonds are the one investment everyone should have right now

If there’s one investment everyone should have right now, it’s a series I bond, according to personal finance expert Suze Orman. The variable interest rate of the bond is based on inflation, which means that the asset currently has a high yield. The Consumer Price Index rose 8.6% in May, the highest rate since 1981. … Read more

Investors: Don’t sleep on portfolio diversification | Smart Switch: Personal Finance

(Sam Swenson, CFA, CPA) With stocks in a bear market, bonds offering little more than “less negative” returns, and cryptocurrencies facing a serious reckoning, the first half of 2022 should remind investors that a diversified portfolio will be necessary for years to come. . Overexposure to any particular stock or market sector can lead to … Read more

I’m not worried about social security cuts. Here’s why | personal finance

(Maurie Backman) You may have heard rumors that Social Security is running out of money. So here’s the good news: it’s not. Social Security’s main source of income is payroll taxes, the ones we all see being deducted from our paychecks. And as long as those taxes remain in place, the program can keep going. … Read more

401(k)s Beware: HSAs Are the New Retirement Sheriff in Town | Smart Switch: Personal Finance

Saving a portion of your salary in a 401(k) is one of the best ways to prepare for a happy retirement. But 401(k)s aren’t the only game in town when it comes to retirement planning. And one account in particular offers a host of advantages over a 401(k) for those who qualify. A health savings … Read more

How To Start A Small Business | personal finance

Starting a business can be an exciting time for entrepreneurs, filled with big dreams for the future. But starting a business also carries significant risk and requires a huge commitment (both money and time) to be successful. While starting a business can seem daunting, following these steps can put you on the path to success. … Read more

Inflation is forcing Americans to change their diets and ‘eroding the comfort level’ Americans have with their cash savings.

Hello MarketWatchers. Do not miss these outstanding news. Inflation is ‘eroding the comfort level’ Americans have about their cash savings Americans are better off with their emergency savings now than they were a year ago, but they feel uncomfortable. read more If your financial advisor works with a team of experts, here are some of … Read more

I’m not worried about social security cuts. Here’s why | Smart Switch: Personal Finance

(Maurie Backman) You may have heard rumors that Social Security is running out of money. So here’s the good news: it’s not. Social Security’s main source of income is payroll taxes, the ones we all see being deducted from our paychecks. And as long as those taxes remain in place, the program can keep going. … Read more