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Retirees who miss their required minimum distribution can owe the IRS 25% of the amount they failed to withdraw

A missed retirement withdrawal could cost thousands in IRS penalties. With the Dec. 31 deadline approaching, retirees have extra rules to consider.

Sam Bourgi

Peter Buffett, Warren Buffett, and Susie Buffett, and Chairman and CEO of HBO, Richard Plepler attend 'Becoming Warren Buffett

Managing Money • 4h ago

Warren Buffett's $154-billion will gives 99% away — and he insists every parent follow his one rule on inheritances

Buffett urges parents to let mature children read the will before signing to avoid family conflict.

Laura Boast

Managing Money • 4h ago

Warren Buffett's $154-billion will gives 99% away — and he insists every parent follow his one rule on inheritances

Buffett urges parents to let mature children read the will before signing to avoid family conflict.

Laura Boast

Man working at dining room table while daughter and dog play in the background.

Retirement • 5h ago

I’m 56 and have just $140K saved — with $40K in debt and a kid looking at college, is a comfortable retirement hopeless?

You have options. But not for long.

Christy Bieber

Retirement • 5h ago

I’m 56 and have just $140K saved — with $40K in debt and a kid looking at college, is a comfortable retirement hopeless?

You have options. But not for long.

Christy Bieber

HAPPENING NOW

An adult is seated in a wheelchair, facing away from the camera.

Managing Money • 5h ago

My siblings put our dad, 94, in a $7,500-a-month facility without consulting me — now he’s broke and they want me to pay

Conflicts over a parent's care are common, but experts say you can take steps to protect yourself and your dad if your siblings aren't acting appropriately.

By Christy Bieber

Managing Money • 5h ago

My siblings put our dad, 94, in a $7,500-a-month facility without consulting me — now he’s broke and they want me to pay

Conflicts over a parent's care are common, but experts say you can take steps to protect yourself and your dad if your siblings aren't acting appropriately.

By Christy Bieber

Young woman sits on her couch looking down at a job posting on her laptop.

News • 17h ago

How to negotiate a raise when you're underpaid compared to a new hire in an identical role, according to career experts

One career expert says, "Just bringing the job posting to your boss and asking for the same pay isn't enough."

By Christy Bieber

News • 17h ago

How to negotiate a raise when you're underpaid compared to a new hire in an identical role, according to career experts

One career expert says, "Just bringing the job posting to your boss and asking for the same pay isn't enough."

By Christy Bieber

Asian woman looks at her bill printed on paper, while sitting at her kitchen table.

Mortgages • 17h ago

31% of homeowners don't know HELOCs can help pay back your debt at a lower interest rate than your credit card

That lack of knowledge could be costing homeowners a lot in unnecessary interest payments each year, new study finds.

By Eric Esposito

Mortgages • 17h ago

31% of homeowners don't know HELOCs can help pay back your debt at a lower interest rate than your credit card

That lack of knowledge could be costing homeowners a lot in unnecessary interest payments each year, new study finds.

By Eric Esposito

BlackRock CEO Larry Fink being interviewed on "Squawk on the Street.

Investing • 19h ago

Larry Fink says his parents didn't come from money and had regular jobs — so their retirement nest egg stunned him

The BlackRock CEO says his parents managed to build an impressive retirement fund, even though their combined income was probably not more than $150,000 in today’s dollars.

By Rebecca Payne

Investing • 19h ago

Larry Fink says his parents didn't come from money and had regular jobs — so their retirement nest egg stunned him

The BlackRock CEO says his parents managed to build an impressive retirement fund, even though their combined income was probably not more than $150,000 in today’s dollars.

By Rebecca Payne

Managing Money • 20h ago

Elizabeth Warren's 50/30/20 rule still powers budget apps — but does the philosophy still hold up in 2026

The senator helped popularize the 50/30/20 budget rule two decades ago. But rising living costs raise questions about how well it works today.

By Sam Bourgi

Managing Money • 20h ago

Elizabeth Warren's 50/30/20 rule still powers budget apps — but does the philosophy still hold up in 2026

The senator helped popularize the 50/30/20 budget rule two decades ago. But rising living costs raise questions about how well it works today.

By Sam Bourgi

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Retirement • 20h ago

Divorced boomer women face a 45% drop in living standards but refuse to settle — how they're staying financially secure

By planning accordingly, you can have both freedom and financial security, without having to rely on a romantic partner.

By Vawn Himmelsbach

Retirement • 20h ago

Divorced boomer women face a 45% drop in living standards but refuse to settle — how they're staying financially secure

By planning accordingly, you can have both freedom and financial security, without having to rely on a romantic partner.

By Vawn Himmelsbach

Two-panel image of Mark Cuban (left) and Warren Buffet (right).

Managing Money • 21h ago

Mark Cuban and Warren Buffett's Dairy Queen dates reveal why even billionaires fight lifestyle creep

Both men can afford anything they want, but their Dairy Queen dates suggest they don’t need to give into lifestyle creep.

By Peace Longe

Managing Money • 21h ago

Mark Cuban and Warren Buffett's Dairy Queen dates reveal why even billionaires fight lifestyle creep

Both men can afford anything they want, but their Dairy Queen dates suggest they don’t need to give into lifestyle creep.

By Peace Longe

News • 21h ago

Rashee Rice files for Chapter 7 bankruptcy with $3.45M in debts, lists his $160K Super Bowl ring as collateral

Chapter 7 bankruptcy could be hard to qualify for while earning an NFL paycheck.

By Peace Longe

News • 21h ago

Rashee Rice files for Chapter 7 bankruptcy with $3.45M in debts, lists his $160K Super Bowl ring as collateral

Chapter 7 bankruptcy could be hard to qualify for while earning an NFL paycheck.

By Peace Longe

News • 22h ago

Is Illinois about to shrink? 45 counties have now approved measures to secede the state — all because of Chicago

Illinois’ loss could be Indiana’s gain.

By Rudro Chakrabarti

News • 22h ago

Is Illinois about to shrink? 45 counties have now approved measures to secede the state — all because of Chicago

Illinois’ loss could be Indiana’s gain.

By Rudro Chakrabarti

Managing Money • 22h ago

Dave Ramsey tells caller to cover these 5 expenses before paying her credit card — even with a growing balance

Dave Ramsey says the best way to get out of credit card debt is to stop using it. An emergency fund could prevent the problem altogether.

By Avril Ayers

Managing Money • 22h ago

Dave Ramsey tells caller to cover these 5 expenses before paying her credit card — even with a growing balance

Dave Ramsey says the best way to get out of credit card debt is to stop using it. An emergency fund could prevent the problem altogether.

By Avril Ayers

Linda Gipp has been dealing with a rodent infestation since February.

News • Nov 08

A Philadelphia woman has caught 42 mice in her apartment since February — here's what the infestation has cost her

Mice can do more than keep you awake at night. Once they’re in your home, they can eat and contaminate food supplies and damage electrical wiring.

By Laura Grande

News • Nov 08

A Philadelphia woman has caught 42 mice in her apartment since February — here's what the infestation has cost her

Mice can do more than keep you awake at night. Once they’re in your home, they can eat and contaminate food supplies and damage electrical wiring.

By Laura Grande

News • Nov 08

Florida police arrest contractor who took $36K from a homeowner, then allegedly abandoned the project entirely

Officials say the accused took funds, failed to pay subcontractors and then abandoned the job site.

By Chris Morris

News • Nov 08

Florida police arrest contractor who took $36K from a homeowner, then allegedly abandoned the project entirely

Officials say the accused took funds, failed to pay subcontractors and then abandoned the job site.

By Chris Morris

Two women sit outside, facing each other on a patio with wine.

Life • Nov 08

My sister's getting married for the fourth time. She keeps hinting I should throw her a shower — but is that just tacky?

Experts say it may be a little cringe, and a forced party isn't very fun anyway.

By Christy Bieber

Life • Nov 08

My sister's getting married for the fourth time. She keeps hinting I should throw her a shower — but is that just tacky?

Experts say it may be a little cringe, and a forced party isn't very fun anyway.

By Christy Bieber

A robot that can help humans with their health

News • Nov 08

Seniors are eager to pay extra for robot caregivers — at least in Japan. Americans may not be so keen, researchers fear

Robots could provide solutions in nursing homes, long-term care facilities and for family caregivers.

By Vawn Himmelsbach

News • Nov 08

Seniors are eager to pay extra for robot caregivers — at least in Japan. Americans may not be so keen, researchers fear

Robots could provide solutions in nursing homes, long-term care facilities and for family caregivers.

By Vawn Himmelsbach

Real Estate • Nov 08

The person who sold us their home keeps dropping by and talking to neighbors about us. How do we get them to stop?

Experts share how to set firm boundaries with previous owners.

By Laura Boast

Real Estate • Nov 08

The person who sold us their home keeps dropping by and talking to neighbors about us. How do we get them to stop?

Experts share how to set firm boundaries with previous owners.

By Laura Boast

People step into an office of the Social Security Administration in New York.

Retirement • Nov 08

Social Security will let working retirees under 67 earn $25,560 in 2027 before it starts cutting their benefits

For someone who makes $32,000 next year, the earnings limit will mean $3,220 in Social Security benefits being withheld.

By Rebecca Payne

Retirement • Nov 08

Social Security will let working retirees under 67 earn $25,560 in 2027 before it starts cutting their benefits

For someone who makes $32,000 next year, the earnings limit will mean $3,220 in Social Security benefits being withheld.

By Rebecca Payne

Taxes • Nov 08

Willie Nelson was 57 when the IRS seized nearly everything he owned over a $16.7M tax bill. He answered with an album

The country music singer’s financial woes prove that it’s never a good idea to let tax debt stack up.

By Kit Pulliam

Taxes • Nov 08

Willie Nelson was 57 when the IRS seized nearly everything he owned over a $16.7M tax bill. He answered with an album

The country music singer’s financial woes prove that it’s never a good idea to let tax debt stack up.

By Kit Pulliam

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