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How Divorce Affects Investments 01/22/2018 07:00pm • It is sometimes said that while June is wedding season, January is divorce season. Perhaps it is too much togetherness during the holidays that might be the final straw, but the holiday spirit seems to have lost its magic by the time January rolls around. And whereas divorce has unfortunately becom 7 New Taxes Retirees Face 01/21/2018 07:00pm • Retirement taxes.Retirees are eligible for a variety of tax breaks that aren't available to younger people. However, there are also some new taxes that apply to retirees. Here's a look at some of the taxes that could crop up in retirement.Social Security taxes. Many people have to pay taxes on their Reduce Your 2017 Tax Bill With an IRA Contribution 01/21/2018 07:00pm • There's still time to reduce your 2017 tax bill. You can make a tax-deferred individual retirement account contribution that can be applied to your 2017 tax return any time before April 17, 2018. Here's how to take advantage of this tax break for IRA participants. Max out your IRA. You can defer Government shuts down after last-minute talks and Senate vote fail 01/20/2018 12:02am • WASHINGTON — The federal government shutdown was officially underway as the clock struck midnight Friday. Hours of failed negotiating were followed by a failed 11th-hour effort to vote on a temporary funding bill. Supporters lacked the 60 votes needed to end debate on the bill, which would have 12 Terms You Need to Know to Get Out of Debt and Clean Up Your Credit 01/18/2018 07:00pm • One in four adults say they plan to pay down debt this year, according to the 2018 Fidelity Investments New Year's Resolutions Study. As a first step, they may want to acquaint themselves with the financial terms surrounding debt and credit. Failure to do so could diminish their chances of success. How to Get a Jump-Start on Filing Your Taxes 01/18/2018 07:00pm • This year, the Internal Revenue Service will kick off tax season and start accepting 2017 tax returns on Monday, Jan. 29. For some taxpayers, the delay can make a difference in their financial lives, since they rely on their tax refund to pay down credit card debt or rebuild their emergency fund. Fo Here's What to Know About Filing Taxes 01/18/2018 07:00pm • Before filing taxes, it's essential to know basic tax terms, concepts and best practices. Understanding these key elements can reduce your tax bill -- or score you the largest tax refund -- and ensure that you dodge any failure-to-file or late-payment penalties and fees. Whether it's your first time How to Solidify Your Retirement Fund 01/18/2018 07:00pm • The traditional three-legged retirement stool -- consisting of pensions, personal savings and Social Security benefits -- is looking wobblier than ever. Defined benefit pension plans, which have been disappearing for some time, are now on the verge of extinction. Just 8 percent of private employers Woman forced out of Baltimore hospital was denied care, mother says 01/18/2018 06:59pm • BALTIMORE (AP) — The mother of a mentally ill woman who was left outside a Baltimore hospital on a frigid night wearing only a flimsy gown and socks asserted she was denied care by medical professionals and left to face life-threatening conditions on the street. Cheryl Chandler said she was onl Nonfederal workers may also be impacted by shutdown 01/18/2018 01:50pm • WASHINGTON — It’s not just federal employees who are bracing for word that they need to stay home because their offices have been locked. In many cases, sitting alongside thousands of federal employees are government contractors whose ability to work could be in limbo depending on what happens o What to expect if the federal government shuts down 01/17/2018 09:48pm • WASHINGTON — Without a spending deal approved in Congress by midnight Friday, there could be a government shutdown for the first time since 2013. Federal News Radio's Tom Temin told WTOP if it happens, many federal workers would stay home starting Monday. "About 40 percent of federal employe 5 Steps to Make the Most of 2018 01/17/2018 07:00pm • The road to retirement is a long process, but the beginning of a new year presents investors with an opportunity to reassess their goals as well as their strategic plan for achieving them. Whether or not your targeted retirement date is approaching in 2018, or 2058, January serves as an opportune t 8 Reasons to Pursue Early Retirement 01/17/2018 07:00pm • Most people retire during their 60s. To retire earlier than that requires planning, discipline and paying close attention to your savings and investments. But the sacrifices and extra effort are worth the trouble. Early retirement planning makes you rethink what brings you happiness and life satisf Hire a Financial Advisor After They Answer These Questions 01/16/2018 07:00pm • Hiring a financial advisor to manage your money is a no-brainer. After all, you wouldn't operate on yourself, you'd hire a surgeon. You wouldn't (or at least, shouldn't) cut your own hair, you'd go to a stylist. So why would you try to manage your money when an experienced, well-trained financial ad How to Get a Mortgage if You're Self-Employed 01/15/2018 07:00pm • Many self-employed workers earn a good living, but without a regular paycheck to depend on, these workers might have a harder time proving their income than those who receive a W-2. This makes it more difficult to obtain a mortgage, but buying a home with a mortgage is possible when you're self-emp