Roth IRA

If the COVID-19 pandemic’s far-reaching impacts have you looking to enhance your charitable giving, be sure to remember these tax-related considerations for 2021:Cash gifts. A special rule for this year allows taxpayers who do not itemize deductions to claim up to $300 ($600 for joint filers) for gifts to qualifying charities.If you do itemize, cash contributions to qualified … [Read more...] about MARTINEZ: Charitable giving considerations for 2021 | Local News

Here are three of the week's top pieces of financial insight, gathered from around the web:The used-car buying frenzy"The used-car lot, ordinarily a haven of haggling and wheeling and dealing, is now a hotbed for wallet-busting transactions," said Keith Naughton at Bloomberg. The average cost of a used car hit a record $26,457 last month, "up almost 30 percent from the … [Read more...] about The used-car buying frenzy | The Week

As someone who writes about personal finance, I tend to give people one big piece of advice: save adequately for emergencies. In fact, I believe that, no matter your age or income, your first financial goal should be to sock away enough in a savings account to cover three to six months of living expenses. That way, you have cash to tap in case you lose your job or encounter a … [Read more...] about How many months should your emergency fund last?

As someone who writes about personal finance, I tend to give people one big piece of advice: save adequately for emergencies. In fact, I believe that, no matter your age or income, your first financial goal should be to sock away enough in a savings account to cover three to six months of living expenses. That way, you have cash to tap in case you lose your job or encounter a … [Read more...] about How many months should your emergency fund last?

The Motley Fool TakeRecent news has paid a lot of attention to “meme stocks” — such as Grapevine-based GameStop and AMC Entertainment Holdings — that have skyrocketed because they were hyped on social media. Cryptocurrency Dogecoin, named for a shiba inu dog and begun as a joke, also joined the meme party, racking up gains of as much as 12,000% from early January through early … [Read more...] about Motley Fool: Beware of meme stocks