Here's why this economist says the 'perfect' tax rate for the rich is 75%

The ideal tax rate for the richest 1% of Americans is about 75% — more than twice the current rates, according to the economist advising Sen. Elizabeth Warren on her tax plans.Gabriel...

How to prevent your retirement savings from running out

A man fishes in a lake.Twenty20With some experts warning that $1 million in retirement savings might not even do the trick these days, it's understandable if you're kept up at night wondering: Will...

US banks: plastic power

If there is one thing that can be gleaned from Tuesday’s mixed bag of bank earnings, it may be this: American consumers are doing all right.US shoppers are putting more of their purchases...

You can trick yourself into saving more. Here's how

JGI/Jamie Grill | Tetra images | Getty ImagesIf you're like a lot of people, you know you need to save more.Yet actually following through on that goal can be easier said than done.Now,...

US billionaire left Google in shock snub – but it gave her 'opportunity of...

Ms Sandberg is now Facebook’s chief operating officer and worth an estimated $1.7billion (£1.3million). However, she began working for Google in 2001, the search engine giant that dominates most of the internet. She worked...

State pension amount: Surge in people topping up NI contributions – but warning is...

Figures published today by HMRC suggest that in the last two years, the number of people paying voluntary National Insurance Contributions has surged. The latest report shows that in 2018/19, £119.3 million was...

Can I have a cash ISA and Help to Buy ISA? Rules on ISAs...

There are four types of ISA, and these are cash ISAs, stocks and shares ISAs, innovative finance ISAs, and Lifetime ISAs. The Help to Buy ISA launched at the end of 2015, however...

Tax on pension: How much each pension option is taxed depending on what you...

When taking money from a pension pot, 25 per cent is tax-free. Income Tax is paid on the other 75 per cent. This tax-free amount doesn’t use up any of the Personal Allowance...

Medicare open enrollment is underway. Here's what's new and what to watch out for

Martin Barraud | Getty ImagesIt's the time of year for people on Medicare to give their coverage a checkup.The program's annual enrollment period runs from Oct. 15 through Dec. 7, which is when...

This major tax deadline is today. What you need to know

FatCamera | E+ | Getty ImagesIf you asked the IRS for six more months to work on your 2018 tax return, you're about to run out of time.This spring, about 15 million taxpayers...