Tying the knot this year? Add ‘marriage tax penalty’ to potential cost

Gorodenkoff | Istock | Getty Images If you’re happily saying “I do” this year, be aware that the IRS can be a real buzzkill. While many couples end up paying less in taxes after tying the knot, some face a “marriage penalty” – meaning they end up paying more than if they had remained unmarried … Read more

Here’s the insurance advisors say you’ll need at each stage of life

Eric Audras / Getty Images What type of insurance should you have at different stages of your life? When asked, financial advisors pointed to disability and life insurance as the most important kind of coverage at any stage, as they apply throughout our lives. In addition, advisors discussed often overlooked considerations for different points in … Read more

54% Believe Debt Is A Reason For Divorce

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners. Is your marriage experiencing problems and stress around money? You are not alone. According to a SunTrust Bank survey conducted … Read more

This is the money talk couples should have before they get married

The Covid-19 pandemic has prompted millions of Americans to put plans, including weddings, on hold. As 2022 unfolds and, we hope, the worst of the pandemic is behind us, nuptials are expected to take place in record numbers. The Wedding Report, a wedding market research firm, projects there will be 2.5 million weddings this year, … Read more

Where to keep your cash amid high inflation and rising interest rates

Finding a competitive interest rate on your emergency savings has become even more difficult amid record high inflation. But there is good news. The Federal Reserve is expected to start raising interest rates. When they do, that will kick up the interest you can earn on your cash. Some accounts may be poised to see … Read more

What to do to be successful in a tough market

Lauren Niesz purchased a new home with her boyfriend in January after they were able to save more cash during the pandemic. Source: Lauren Niesz Like many people forced to work from home after the onset of the Covid-19 pandemic, Lauren Niesz, 26, found the conditions were not necessarily ideal. Niesz, who rented a townhouse … Read more

Social Security may be a ‘treasure trove’ of wealth for your family

Sporrer / Rupp | Image Source | Getty Images When it comes to retirement, you probably have a lot of questions about whether or not you’re making the right financial moves. That may include uncertainty about investing and the best way to get the nest egg you think you’ll need. Chances are, you are potentially … Read more

65% of women would buy a home before marrying. These tips can help

Anna Mascall pictured in front of the house in Easton, Pa., She recently purchased. “To be able to say I own a home, I did like the American dream,” she said. Courtesy: Anna Lee Mascall After several years of renting, Anna Mascall, 30, decided she wanted to buy her own home. Then the Covid-19 pandemic … Read more