Author: administración
Key PointsTeen brokerage accounts like Fidelity Youth are owned and controlled by the teen, while UGMA/UTMA custodial accounts are owned by the minor but controlled by the parent until the age of majority.Both accounts can trigger kiddie tax on unearned income above $2,700.Both account types can hurt financial aid eligibility because student-owned assets count toward the FAFSA Student Aid Index at 20%, far higher than the 5.64% rate applied to parent assets. Parents who want to give a teenager exposure to investing have more options than ever, but the labels on those options can mislead.For example, Fidelity Youth Account and…
The death of a Lebanese village
Super catch-up contribution rates are low: “Most people don’t have that kind of discretionary income.”
L3Harris confidentially files for missile unit IPO
Idaho’s State Board of Education approved tuition increases of 4.4% to 4.7% across the state’s four-year public universities on April 28 — the largest hikes in three years and a likely preview of broader public-system increases for fall 2026.Why It Matters: After a three-year tuition freeze and two years of smaller hikes, Idaho schools are restoring price growth to address inflation, salaries, and benefits. Boise State will collect roughly $8.3 million of the additional $17.6 million in revenue. The increases come even as state officials warn that price hikes could discourage enrollment.The NumbersBoise State University: 4.5% increase to $9,789 tuitionIdaho State…
The Federal Reserve held the benchmark federal funds rate steady at its April 29 meeting, but the decision came with a rare 8-4 dissent, the biggest split FOMC vote since October 1992.Why It Matters: The split signals a committee at odds over inflation risk versus growth concerns. For savers, borrowers, and homebuyers, the practical takeaway is that rates are stuck near current levels for at least another few weeks, with no immediate relief on mortgage costs and no fresh boost to savings yields.By The NumbersFederal funds rate: Held steady at 3.5% to 3.75%Average savings account rate: 0.38% APY (FDIC)Top high-yield savings:…
Americans are paying the highest prices for gasoline in nearly four years, leading to frustration at the pump and to worries about higher inflation and a weaker economy.
First Commonwealth Q1 2026 slides: margin pressures offset capital strength
A physician I know well told me something recently that stuck with me. He said, “Everything in my life is fine. Good income. Good family. Good job. So why do I feel like I’m just keeping the machine running?” He wasn’t burned out. He wasn’t struggling. He was succeeding by every measure anyone would use to evaluate his life. And yet. I knew exactly what he meant, because I’ve felt it too. That quiet gap between a life that looks right and a life that feels right. Where everything is stable, but nothing is moving forward. Where you’re maintaining, but…
Certificates of deposit (CDs) remain one of the most reliable short-term savings tools, especially for those seeking guaranteed returns as rates fall. As of April 29, 2026, the best 12-month CD rates reach up to 4.15% APY (annual percentage yield), with many banks and credit unions still offering yields far above the national average of 1.53%, according to the FDIC. Over the last several weeks, many banks and credit unions have been raising their 12-month CD rates.Now might be the best time to lock in a guaranteed rate. If you’re looking to earn a predictable return over the next year, these are…