News – Page 14
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From the ExpertsFinancial illiteracy is an increasingly large problem in the United States, a fact especially true for minority groups in lower socioeconomic classes. According to…
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Trends
Crypto Meltdown Continues
In the second quarter of 2022, Bitcoin — the world’s most popular cryptocurrency — lost 58% of its value. This decline marked the worst… -
From the Experts
From the Experts: What Happens When You Move Up a Tax Bracket?
The United States maintains a progressive personal income tax, which means you pay an increasingly higher rate of tax as you make more money. -
Personal Finance
Money Smart Week 2022: A Recap
From April 9 to 16, 2022, the Federal Reserve Bank of Chicago held its annual Money Smart Week public education program. The event offered… -
Retirement
Lifetime Income For Employees Act
Lifetime Income For Employees Act Legislators are responding to Americans’ concerns about running out of money in retirement with a reintroduced bill designed… -
Personal Finance
Economic Uncertainty Boosted Demand for Annuities in 2021
Financial turmoil caused by the COVID-19 pandemic has boosted interest in annuity products for working Americans. Annuity sales in the United States saw…