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12 Ways to Avoid the IRA Early Withdrawal Penalty 12/26/2022 07:00pm • Keep your 10%.Distributions from individual retirement accounts before age 59 1/2 typically trigger a 10% early withdrawal penalty. However, the IRA withdrawal rules contain several exceptions to the penalty if you meet certain circumstances or spend the money on specific purchases. Here are 12 ways Child poverty rates highest in states that haven’t raised minimum wage 12/24/2022 12:31pm • This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. Of the 20 states that have failed to raise the minimum wage above the federal $7.25 an hour standard, 17 have more than 12% of their childre How a Prince William Co. school uses Visible Learning to help close achievement gap 12/23/2022 04:16pm • During a recent lesson about the Revolutionary War at Kerrydale Elementary in Woodbridge, Virginia, students learned about taxation without representation. To help them understand exactly what it means when something is taxed, the fourth graders were given a handful of M&Ms. Each time they wa Plug-In hybrids offer an easier way to switch to electric driving and year-end tax credits 12/23/2022 01:19pm • This content is sponsored by Fair Oaks. Electric vehicles are the future but if you want to take a smaller step, the plug-in hybrid is your ticket. While you might think of a plug-in hybrid as a small odd-looking car built for efficiency, times have changed. The plug-in hybrid has gone more mains 6 Financial Advising Trends for 2023 12/22/2022 07:00pm • The past year has been a rough ride for investors and financial advisors alike. Record inflation, deteriorating asset prices, skyrocketing rents and concerns about an impending recession have many rethinking aspects of financial planning. They're not sure they want the same things in 2023 as they di How to Find the Best Personal Finance Advice on Reddit 12/22/2022 07:00pm • Personal finance advice is all over the Internet -- and it has become especially prevalent on the social media site Reddit. Reddit allows "Redditors" to share images and posts on forums, grouped into smaller forums called subreddits. While some of the personal finance advice on the site is relativel When Is It Too Late to Start Saving for Retirement? 12/22/2022 07:00pm • As retirement nears, it's common to evaluate your nest egg and decide next steps. When only a few working years remain, you may be wondering if it's worth saving. If you haven't yet started, the process of setting aside funds might not seem effective. Any investments you make won't have many years t Important Dates to Mark on Your Personal Finance Calendar 12/21/2022 07:00pm • Get financially organized.If your New Year's money resolution is to stay on top of your finances, a calendar can help.After all, much of staying organized with your finances means keeping track of dates. Just as you don't want to be late with a credit card bill, you really don't want to be late fili 10 Best Energy Stocks to Buy in 2023 12/21/2022 07:00pm • Energy use is evolving, but oil and gas will remain in the mix for some time.One reason why oil and natural gas stocks have been performing so well this year is that producers have been prioritizing share buybacks and dividends over exploration and new production, helping to keep the commodities the 7 Best Vanguard Funds for Retirement 12/21/2022 07:00pm • These top Vanguard funds will help set you up for retirement.Retirees tend to have very different investment needs compared to younger investors. For one thing, their objective is to sustain a safe, perpetual withdrawal rate from their portfolio without depleting it prematurely. Retirees' risk toler How to Adjust Your Retirement Portfolio Against a 2023 Recession 12/21/2022 07:00pm • The U.S. economy is getting a head start on a New Year's hangover, with economists calling for hard times in 2023. According to the Conference Board, there's a 96% chance the U.S. economy will slip into a recession in 2023. Additionally, a recent National Association for Business Economics survey es Families consider class action lawsuit against embattled Md. college savings plan 12/21/2022 09:20am • This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. Parents who participate in Maryland’s college savings plan, frustrated by a year-long accounting problem that has left many unable to pa Maryland's next comptroller on her goals and why tracking dollars matters to taxpayers 12/20/2022 11:02pm • When state Del. Brooke Lierman was running for the job of Maryland comptroller, she visited every county and Baltimore City; the first thing she had to do was explain to voters what a comptroller does. "In a nutshell, it sees every dollar in and every dollar out," Lierman said. The comptroller is 9 Best REITs to Buy for 2023 12/20/2022 07:00pm • These are nine of the best REITs to buy now.Not every investor has the time, energy or capital to get a rental property going. Between mortgage payments, managing tenants, maintenance and repairs, and property taxes, being a landlord can quickly balloon into a second job as opposed to a truly passiv What to Do if Your 401(k) Match Is Cut 12/20/2022 07:00pm • Some companies provide a match to your 401(k) contributions. However, when looking to cut expenses, employers may drop the benefit. If this happens, you could miss out on funds you were planning to accumulate in your account. It might also be a good time to evaluate your retirement plan and adjust a