There are countless privately held companies across the country who want to reward loyal employees with incentives. Employers might offer stock-based compensation or stock options in lieu of cash bonuses. This article explores privately held stock, why employees own it, and some things you should be aware of. Privately Held…

President Joe Biden has vetoed a bill passed by Congress that would repeal student loan forgiveness and reverse his most recent extension of the student loan pause. Advocates for borrowers had warned that passage of the bill could have catastrophic consequences. Here’s what this means for borrowers. Biden Vetoes Bill…

Although many realtors are ethical and honest, it’s no secret that many are not. Here at AgingParents.com, we hear too many sad stories of older adults getting ripped off over the sale of the elder’s residence. One can readily understand how this happens. An eager realtor hears of a sale…

The IRS has announced that it will grant penalty relief for corporations that did not pay estimated tax in connection with the new corporate alternative minimum tax, or CAMT. Background As part of the Inflation Reduction Act of 2022, Congress created the CAMT. The change, which is reflected in section…

If you are a long-term investor, you most likely have your portfolio allocated in a diversified manner, with equity exposure that extends beyond the US borders to include foreign Developed Market (DM) and possibly Emerging Market (EM) exposure. As pertains to the equity component, strategic asset allocation approaches frequently seek…

A Manhattan Beach, California, estate once home to a Hollywood writer-producer as well as two popular sports figures recently sold for $10.5 million. The five-bedroom estate is located in the Hill District of the Southern California coastal city, a small enclave known for its large lots and prestigious houses. The…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Based…

The Some College, No Credential (SCNC) population grew to 40.4 million as of July 2021, according to the latest research by the National Student Clearinghouse Research Center.  SCNC adults are recognized as those who left postsecondary education without receiving any credential and are no longer enrolled in a postsecondary program.…

U.S. wage growth has slowed sharply over the past year and is on pace to return to pre-pandemic levels by early 2024, according to new data from career site Indeed. The wage tracker – based on salaries for job advertisements listed on Indeed – showed that salaries were up 5.3%…

AMSTERDAM, Netherlands — At last year’s Money 20/20 — Europe’s marquee event for the financial technology industry — investors and industry insiders were abuzz with talk about embedded finance, open banking, and banking-as-a-service.As nebulous as these terms may be, they reflected a very real push from tech startups, including the…