As reported by experts, individual retirement accounts (IRAs) and self-employed Keogh accounts have been steadily growing over the years. The median IRA balance in 2022 was $87,000, showing an increase from $81,144 in 2019. Additionally, a Fidelity report found that the average IRA balance during the first quarter of 2024 was $127,745, which is up
A recent development in the media industry has caught the attention of many as media mogul Barry Diller has shown interest in acquiring National Amusements Inc., the company owned by Shari Redstone and the controlling shareholder of Paramount. Diller’s IAC, an internet media and publishing company, has reportedly signed a nondisclosure agreement and is looking
The Florida Panthers, who have reached the Stanley Cup finals two years in a row, have recently made a significant move by signing a multiyear deal with E.W. Scripps. This deal will allow local broadcast networks in Florida to air the Panthers’ preseason, regular season games, and round one of the playoffs. The move marks
General Motors recently reported its best quarterly sales in over three years, with particular increases noted in full-size pickup trucks and all-electric vehicles. The Detroit-based automaker announced sales totaling 696,086 units for the second quarter, representing a 0.6% increase from the previous year. This marks GM’s highest quarterly sales volume since the fourth quarter of
Amidst the already challenging year for college applicants, a significant factor has emerged as the top priority when selecting a college – financial aid. The importance of financial aid in college choices has been magnified in 2024 due to ongoing issues with the new federal financial aid application process. The delays in financial aid award
The concept of passion tourism has gained traction in recent years, with individuals traveling far and wide to witness events that align with their personal interests. Whether it be attending a music concert, a sporting event, or a cultural festival, passion tourism is driven by one’s passion for a particular activity or event. Travel experts
Manhattan is currently experiencing a significant shift in its real estate market dynamics, with apartment prices declining and inventory on the rise in the second quarter of 2024. Reports suggest that the average sales price of real estate in Manhattan has fallen by 3%, with the median price also seeing a 2% decrease. Notably, prices
The U.S. Department of the Treasury and IRS recently announced final tax reporting rules for digital asset brokers, setting the stage for significant changes in the world of cryptocurrency investing. These regulations, which will come into effect starting in 2026, aim to improve compliance and crack down on tax evasion in the high-risk space of
The unemployment rate has seen a significant decrease, with 30 months at or below 4%, which is close to a record low. However, not everyone who desires a job has one. A group known as “NEETs,” or individuals not in employment, education, or training, are choosing to remain out of the labor force due to
President Joe Biden’s student loan relief plan, known as the Saving on a Valuable Education (SAVE) plan, has faced legal challenges recently. However, a federal appeals court decision from the 10th Circuit U.S. Court of Appeals has allowed a key provision of the plan to resume. This decision is seen as a major win for