Most people have never heard of a “mega backdoor Roth” — and that could prove costly, as it can allow some retirement savers with strong cash flow to save more money each year in a tax-free Roth account. The mega backdoor Roth is a retirement savings strategy that lets some workers — typically high earners…
US President Donald Trump speaks during a meeting with Prime Minister of Iraq Ali al-Zaidi in the Oval Office of the White House in Washington, DC, on July 14, 2026. Saul Loeb | Afp | Getty Images The U.S. launched a fresh round of strikes on Iran early Wednesday morning, hours after President Donald Trump…
Creative Planning, an Overland Park, Kan.-based registered investment advisor with about $710 billion in assets under management and advisement, has acquired Lovell Insurance Group, a Lee’s Summit, Mo.-based commercial insurance brokerage, specializing in complex commercial insurance, surety and risk management. Lovell Insurance Group was founded in 2017 by John Lovell, who has joined the Creative…
After a long stretch of subpar performance, financial stocks like Bank of America (BAC +1.88%), American Express (AXP +0.18%), and JPMorgan Chase (JPM +2.50%) are finally rallying. In fact, since the beginning of June, the State Street Financial Select Sector SPDR ETF (XLF +0.20%) — a tradeable proxy for the entire sector — is up…
The new Theodore Roosevelt Presidential Library opened on July 4 in Medora, North Dakota. The location may seem surprising because Roosevelt was a New Yorker: he was born in Manhattan, buried in Oyster Bay, has a memorial along Central Park, and spent most of his adult life at Sagamore Hill on Long Island. A presidential…
Advertiser Disclosure The credit card and banking offers that appear on this site are from credit card companies and banks from which MoneyCrashers.com receives compensation when a customer clicks on a link, when an application is approved, or when an account is opened. This compensation may impact how and where products appear on this site,…
Investors step in to close Africa’s critical $80B infrastructure financing gap. Gulf investors are rapidly reshaping Africa’s investment landscape, committing billions of dollars to ports, transport corridors, logistics, renewable energy, and critical minerals as governments across the continent seek new sources of long-term development finance. The shift gathered momentum in June, when sovereign wealth funds…
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. The Securities and Exchange Commission’s proposal to allow public companies to report financial information on a semiannual basis instead of a quarterly one has been among the most headline-grabbing aspects of the Trump administration’s deregulatory push. But…
Consider psychedelics: Ryan—often called “the Godfather of NYC Tech”—was once skeptical that psychedelics could be viable treatments for depression or PTSD. But in 2018, he read Michael Pollan’s How to Change Your Mind and encountered a wave of data. Now, he’s a key backer of the Yale Center for Psychedelic Research and cofounded Transcend Therapeutics,…
Kitchen remodel budgets often get reduced to a single number, but that rarely shows where the money actually goes. Reddit user u/MrsFeatherbottom11 shared a complete before-and-after renovation alongside a detailed cost breakdown, giving homeowners a realistic look at what a full kitchen remodel can include for about $37,200. u/MrsFeatherbottom11 The couple handled much of the…
