Personal Finance

“Just because someone shares something on Facebook, doesn’t mean they’ve checked out the group,” Borochoff said. And while taxes might not be at the forefront of your mind right now, remember that charitable donations are tax-deductible if you itemize your return instead of taking the standard deduction, so keep your receipts. Among the well-known groups
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Daniel Acker | Bloomberg | Getty Images Moving boxes sit stacked outside of a home in Princeton, Illinois. The simplest way is to classify your belongings into four separate categories: keep, donate, dispose and sell, according to Pickett. “That starts to crystallize the process,” she said. She cautions those cleaning house to lower their expectations
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Fidelity’s calculations include premiums, cost-sharing provisions and out-of-pocket costs associated with Medicare parts A, B and D — but does not include other health expenses such as over-the-counter medications, dental services and long-term care. “Estimates are calculated for ‘average’ retirees, but may be more or less depending on actual health status, area of residence and
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Mike Segar | Reuters Serena Williams of the U.S. runs to chase down a return from Roberta Vinci of Italy in the third set during their women’s singles semi-final match at the U.S. Open Championships tennis tournament in New York, September 11, 2015. Like most superstars, a successful career has allowed Serena Williams to indulge
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No matter how much you earn, getting by is still a struggle for most people these days. Seventy-eight percent of full-time workers said they live paycheck to paycheck, up from 75 percent last year, according to a recent report from CareerBuilder. Overall, 71 percent of all U.S. workers said they’re now in debt, up from
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The Powerball jackpot of $700 million had one winner in Massachusetts. The game jackpot, which had been growing since the June 10 drawing, was offering a $700 million annuity or $443.3 million in cash, according to a statement from the Pennsylvania Lottery on Wednesday. The jackpot was the lottery game’s second-largest ever, behind only the
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Some states make it easier than others to stay anonymous, which experts typically advise to avoid the publicity deluge and financial “asks” from family, friends and strangers that inevitably follow a big win. Only five states currently allow winners to claim a ticket anonymously, said “Lottery Lawyer” Kurland: Delaware, Kansas, Maryland, North Dakota and Ohio.
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Think “free” tuition sounds unrealistic? It’s already a reality in more than 20 states. Earlier this year, Arkansas, Indiana, Montana and Rhode Island introduced statewide free community-college programs. Other states, including Minnesota, Oregon and Tennessee, already have programs, and 13 more introduced legislation this year to start similar initiatives, according to Dustin Weeden, a senior
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The Powerball jackpot is now $700 million — the second-largest prize in the game’s history. Interest is mounting after Saturday’s drawing failed to yield a winner for the top prize. Earlier Tuesday, the Powerball jackpot was $650 million. The next drawing is at 10:59 p.m. ET on Wednesday. If the prize amount doesn’t go up
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The Powerball jackpot is now $650 million, after Saturday’s drawing failed to yield a winner for the top prize. The next Powerball drawing is at 10:59 p.m. ET on Wednesday. If the prize amount doesn’t go up before then, the $650 million Powerball jackpot would be the second largest in the game’s history, and the
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The personal finance site compared average expenses for people age 65 and older, including groceries, housing, utilities, transportation and health care in every state to come up with how long a nest egg of $1 million would really last. Top 5 states where your dollar will last the longest:1. Mississippi$1 million will last: 26 years,
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Raising a baby doesn’t come cheap — and once you add in expenses like doctor appointments and day care, the costs of child-rearing may be more manageable in certain states than others. New data from WalletHub found that some states have better financial conditions for bringing up baby. The personal finance site ranked U.S. states
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