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The ultra-wealthy have made full use of Roth individual retirement accounts. Here's how you can do the same

Some wealthy individuals amassed hundreds of millions — or even billions — of dollars in tax-sheltered Roth individual retirement accounts, a new report finds.

4 years ago

Free tax help available to individuals and families eligible for child tax credit, stimulus checks

The IRS is teaming up with local organizations to bring in-person help to 12 cities over two weekends.

4 years ago

10 Highlights From Goldman Sachs’ June 2021 Digital Asset Thought Piece

Lou Kerner on Medium | Jun 20, 2021 In its June cryptocurrency report entitled “Digital Assets: Beauty Is Not in the Eye of the Beholder,” Goldman Sachs’ Investment Strategy Group opined for 60 pages on the cryptocurrency ecosystem with the purpose of providing “ … an objective and balanced view on the role of cryptocurrencies


The post 10 Highlights From Goldman Sachs’ June 2021 Digital Asset Thought Piece first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Worried about inflation? A certificate of deposit may not be the answer

Deposit rates are down to all-time lows. As a result, a good old-fashioned certificate of deposit has fallen out of favor.

4 years ago

Cutting off unemployment benefits early is not pushing people to find work, data suggests

Job searches are muted in the dozen states that have ended federal unemployment benefits early, according to Indeed.

4 years ago

The national eviction ban will likely be extended through July. What that means for renters

The Centers for Disease Control and Prevention is expected to extend the national ban on evictions for another month. Here's what to know.

4 years ago

New report explores questions of responsible AI innovation in financial services

The Alan Turing Institute | Joanna Dungate | Jun 14, 2021 A new report published today (Monday 14 June 2021): AI in Financial Services explores the use of artificial intelligence (AI) and the importance of responsible innovation in the financial services sector. The report was commissioned by the Financial Conduct Authority (FCA) as part of


The post New report explores questions of responsible AI innovation in financial services first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

GOOD NEWS: Canadian securities regulators adopt new nationally harmonized start-up crowdfunding rules

CSA | Jun 23, 2021 Vancouver – The Canadian Securities Administrators (CSA) today adopted harmonized rules for securities crowdfunding. National Instrument 45-110 Start-up Crowdfunding Registration and Prospectus Exemptions  introduces a single, uniform set of rules that replaces and enhances the requirements currently in effect in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan. “These


The post GOOD NEWS: Canadian securities regulators adopt new nationally harmonized start-up crowdfunding rules first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

SBA to process most aid applications for music venues and theaters by early July, Sen. Hagerty says

The SBA plans to process most of the aid applications from its Shutter Venue Operators Grant (SVOG) program by early July, Sen. Bill Hagerty said.

4 years ago

GameStop jumps 9% after the original meme stock cashes in again with $1 billion share sale

The videogame retailer said it sold five million additional shares, raising $1.13 billion in capital to accelerate growth.

4 years ago

There's a push to bring bitcoin to 401(k) plans. Why it could take awhile before you see these investments in yours

Some companies want to bring bitcoin to 401(k) plans. While demand is hot, other retirement experts say it could take awhile before they reach your plan.

4 years ago

Crypto investor Novogratz says bitcoin may see more pain but won't go into freefall like before

"Listen, I'm less happy than I was at $60,000, but I'm not nervous," bitcoin bull Mike Novogratz told CNBC after the cryptocurrency fell below $30,000 Tuesday.

4 years ago

GameStop jumps 8% after the original meme stock cashes in again with $1 billion share sale

The videogame retailer said it sold five million additional shares, raising $1.13 billion in capital to accelerate growth.

4 years ago

Underdog activist Engine No. 1 is launching an ETF after big Exxon win

The activist firm that waged a campaign against Exxon and successfully placed three candidates on the oil giant's board of directors, is launching a fund.

4 years ago

NFL player Carl Nassib lives by these money rules

Carl Nassib, who's come out as the first openly gay NFL player, has long been a proponent of spending smartly and saving for the future. He's how he does it.

4 years ago