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Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance

Sally Anscombe | Getty ImagesEntrepreneur Eric Malka had to completely shift his mindset when he sold his company and became an investor. Since then...

56% of Americans say their parents never discussed money with them. How experts recommend getting the conversation started

10'000 Hours | Digitalvision | Getty ImagesAs families gather for Thanksgiving this year, money is one topic that likely won't be discussed.Yet experts say...

The great wealth transfer is underway. Here’s how to prepare

Andreswd | E+ | Getty ImagesThe great wealth transfer is underway and families need to prepare, according to certified financial planner Stacy Francis, president...

IRS announces bigger estate and gift tax exemption for 2025

The Internal Revenue Service has announced a higher estate and gift tax exemption for 2025.The "basic exclusion amount" rises to $13.99 million per person...

Inherited IRA rules are changing in 2025 — here’s what beneficiaries need to know

Jacob Wackerhausen | Istock | Getty ImagesWhat to know about the 10-year ruleBefore the Secure Act of 2019, heirs could "stretch" inherited IRA withdrawals...

How long you may live is one of retirement planning’s biggest unknowns. How experts say to get the best estimate

Peopleimages | Istock | Getty ImagesTo effectively plan for your retirement, experts say, you need to watch your savings rate and total nest egg.But...

Here’s how to avoid getting ‘hammered’ on inherited individual retirement account taxes, experts say

Laylabird | E+ | Getty ImagesInherited individual retirement accounts can be a financial boost for heirs, but the windfall can trigger tax issues, experts...

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