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Stafford Co. Treasurer's Office closed after positive coronavirus test result 11/18/2020 09:47am • The Stafford County Treasurer's Office is temporarily closed after an employee there tested positive for the coronavirus, the Virginia county said. The closure comes amid a spike in new cases in the county and across the region. In a brief news release, the treasurer's office said officials le Can You Fund a New Business During COVID-19? 11/18/2020 12:00am • The coronavirus pandemic has closed hundreds of thousands of small businesses across the country, but now applications for new businesses are surging. In fact, the U.S. Census Bureau reports a 31% uptick for the week ending Nov. 7 compared with a year ago. Drawing on ingenuity and lining up the rig Common Retirement Financial Fears and How to Overcome Them 11/18/2020 12:00am • Thinking about your 401(k) investments and uncertainties about the future can be enough to make even the best planners feel anxious about retirement. While it's common to have money-related retirement concerns, the good news is that these worries don't have to linger. A few steps in the right direc Can you retire on $1 million? Here's how far it will go 11/17/2020 07:50am • Becoming a millionaire seems like a surefire way to live comfortably. However, if you are no longer working, just how long will a million dollars last in retirement? The financial technology company SmartAsset looked at average household expenses and found that, nationwide, a $1 million nest egg New 401(k) contribution limits for 2021 11/17/2020 07:30am • Retirement savers won't be eligible to put more money in a 401(k) plan next year. The 401(k) contribution limits will remain the same in 2021, but some of the income limits for 401(k) plans will increase. Here's how the 401(k) plan limits will change in 2021: -- The 401(k) contribution limit i Legalizing pot could bring Virginia $300 million in tax revenue 11/17/2020 04:50am • Virginia could net more than $300 million per year in tax revenue if the state were to legalize recreational marijuana, according to a report released Monday by Virginia's legislative watchdog agency. "We were directed to look at how Virginia could legalize marijuana and create a commercial marke How to File a Tax Return When You're Unemployed 11/17/2020 12:00am • If you are unemployed, it may feel like a kick in the teeth, but you still must file a tax return by the April 15 due date. The steps you need to take to prepare your 2020 return are the same as in previous years. Here's what to know about filing taxes when unemployed. Gather Your Tax DocumentsThe How to Invest In Marijuana 11/17/2020 12:00am • Interest in investing in the marijuana sector has risen as cannabis stock prices have climbed after voters approved recreational and medicinal marijuana use in six states in November. Investors can now gain exposure to the cannabis industry by choosing from 10 cannabis companies in North America tha These COVID-19 Relief Measures Expire at the End of the Year 11/17/2020 12:00am • To counteract the economic fallout of the coronavirus pandemic, policymakers have passed a range of COVID-19 financial relief measures, including expanding unemployment benefits, easing student loan obligations and halting evictions. But as 2020 draws to a close, a number of these measures are set Q&A With Ellevest CEO Sallie Krawcheck: Addressing Women's Retirement Risks 11/17/2020 12:00am • In America's retirement crisis, women get the short end of the stick. While women have a lifetime to build up their wealth, they're let down by several factors that impact their ability to achieve economic security into retirement. The gender pay gap persists and has lasting effects on women. The h 5 ways the pandemic is affecting retirement planning 11/16/2020 08:00am • The coronavirus pandemic has been a huge financial strain on Americans, as they suffer through furloughs, layoffs and pay cuts. Some people have stopped or reduced the amount they are putting in retirement accounts, and others have tapped into a 401(k) or IRA to help cover bills. "This year has b IRA Contribution Limits for 2021 11/16/2020 12:00am • Retirement savers will be able to defer paying income tax on up to $6,000 in an individual retirement account in 2021. Workers with slightly higher incomes will also be eligible to save for retirement in traditional and Roth IRAs and qualify for the saver's tax credit. Here are the IRA limits for 20 What to Consider Before Starting a Layaway Plan 11/16/2020 12:00am • When times are tough, layaway plans tend to thrive. This was the case during the Great Depression, when cost-conscious shoppers needed easier ways to make purchases. So they purchased items in installments, periodically giving the store money until they paid the total. Layaway fell somewhat out of f What Is a Dependent Care FSA? 11/13/2020 12:00am • Child care is expensive, and many families are struggling to pay unexpected care costs while their kids are at home with virtual school or their preschool and after-school programs are closed because of COVID-19. A dependent care flexible spending account can provide tax-free money for these expens 8 Best Short-Term Bond Funds 11/13/2020 12:00am • Low interest rates are here to stay for the time being.When the Federal Reserve cut interest rates to near zero earlier this year, yields fell across the board -- most notably in short-duration bond funds, for which the Fed's monetary policy often has the greatest influence. Ultra-low interest rates