I’m 63 and a retired CPA. I have a $1.2 million 401(k). Do I need a Roth conversion?

  Intrduction: In this article, I’ll explore the impactful role that personal finance strategies play in accelerating the journey to debt freedom. Amidst the burden of debt, effective financial planning and management can significantly expedite the path towards a debt-free life. Understanding the mechanics of personal finance, from budgeting and debt prioritization to smart saving…

An equity sharing agreement is a contract in which the homeowner agrees to sell a portion of their home’s future price appreciation in exchange for a lump sum. The homeowner can buy back the investment by repaying the original investment amount plus a percentage of the home’s appreciated value. Investment amounts can range between $15,000…

Last summer, Congress enacted H.R. 1, better known as the One Big Beautiful Bill Act, which put new limits on graduate and professional student lending. One part of that bill eliminated the Grad PLUS regime, under which students could borrow up to the full cost of attendance. It was a policy that put many students…

Each week in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter editor, answers questions on topics submitted by readers. This week, she’s looking at four tax questions from readers pertaining to federal income tax credits, including the difference between refundable and nonrefundable tax credits. (Get a free issue of The Kiplinger Tax…

The Icelandic and Canadian consulates building, left, in the historic old district of Nuuk, Greenland, on Wednesday, June 24, 2026. Bloomberg | Bloomberg | Getty Images A Texas-based company with links to President Donald Trump has delayed plans to drill for oil in Greenland, after the Arctic island’s government issued a “strong warning” to its…

SpaceX thinks it will be able to build wireless capabilities without massive network investments.