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For young adults in today’s economy, finding a financial foothold can feel like climbing a mountain with no summit in sight. In a disconcerting new trend, a record 50% of parents with children over 18 are providing some level of financial support. This statistic, highlighted by a report from Savings.com, raises pressing questions about self-sufficiency,
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In a dramatic turn of events, GameStop, the iconic video game retailer, has decided to venture into the choppy waters of cryptocurrency—specifically, Bitcoin. This move comes on the heels of a broader corporate trend, made infamous by MicroStrategy’s notable Bitcoin investments. While it may send shivers down the spines of risk-averse investors, GameStop’s foray into
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As the stock market continues to oscillate erratically, the anxiety among retirees is palpable. Many are grappling with how to safeguard their hard-earned savings from unforeseen downturns. The recent rallies and drops only serve to underscore the unpredictable nature of financial markets, instilling a sense of urgency for retirees to take charge of their financial
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In a landscape where retirement savings play an increasingly pivotal role in financial planning, the recent changes to the rules surrounding inherited Individual Retirement Accounts (IRAs) come as a double-edged sword. Effective starting in 2025, this legislative shift mandates that certain heirs—mostly adult children, or non-spouse beneficiaries—are required to take annual minimum distributions (RMDs), with
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