How to combat the impact of inflation on healthcare costs in retirement?

How to combat the impact of inflation on healthcare costs in retirement?

Gasoline, food and housing prices have skyrocketed in the past year. Rising healthcare costs are less noticeable to some. Medicare, the US government’s national health insurance program for Americans age 65 and older, has imposed a 14.5% premium increase for Part B (outpatient care coverage) for 2022, a record high and almost double the March … Read more

Dollar rises after pullback amid caution as finance ministers meet

Dollar rises after pullback amid caution as finance ministers meet

Souvenir US$100 and US$50 banknotes. Pavlo Conchar | flare | Getty Images The dollar rose on Thursday, helped by expectations of aggressive monetary tightening by the US Federal Reserve, but was a far cry from the previous day’s highs on jitters over what a meeting of finance ministers might say about its rapid appreciation. The … Read more

Gold House raises $30 million fund to invest in Asian entrepreneurs

Megan Ruan knows firsthand how representation can impact entrepreneurship funding. She recalled that earlier in her career she was the only black woman to have worked in a family office and managed a portfolio of venture investments. “I’ve seen the decision making and how it differs between the people who have written checks on these … Read more

Here’s everything you need to know about taxes, 401(k) plans, and IRAs

Here's everything you need to know about taxes, 401(k) plans, and IRAs

Taxes, 401(k) plans, and individual retirement accounts or IRAs are complicated. But it’s important that you understand the basics of both your personal taxes and your retirement options in order to make informed decisions about your future. Americans don’t spend enough time doing their taxes — an average of just 12 hours along with $230 … Read more