March 13, 2021


You Can Get That 5% Yield on Your Money. It’s Just Not Going to Be Risk-Free.

Illustration by Elias Stein

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Once upon a time, you could earn 5% or more with little risk in a money-market fund or certificate of deposit. That was in the aughts, when folks talked on flip phones or, if they were on the bleeding edge, their thumbs typed on



One feature of our era is zero interest rates, which means money funds or CDs return approximately nothing, a hardship for those who rely on interest income. But not only can you still buy a BlackBerry with a keyboard, you can still find investments yielding 5% that aim

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How much money each state will receive from Biden’s coronavirus relief bill

The massive $1.9 trillion coronavirus relief package that President Biden signed into law on Thursday afternoon includes hundreds of billions in funding for state and local governments, with New York, Texas and California poised to receive more than one-quarter of the total aid.

The American Rescue Plan includes $350 billion in unfettered aid for state and local governments, with $195.3 billion directed toward state governments and Washington, and $130.2 billion allocated for local governments. An additional

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Which Families Will Receive the Most Money From the Stimulus Bill?

The Covid-19 relief legislation signed by President Biden on Thursday includes a larger increase in direct aid to families than in any other pandemic relief bills passed so far — an average of $6,660 for households with children, according to an analysis by the nonpartisan Tax Policy Center.

For 500,000 poor families with two or more children, roughly $10,000 in aid will more than double their annual income. By some estimates, the bill could cut child poverty in half this year.

The bill accomplishes this in primarily two ways: a significant increase in stimulus payments per child, and

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Are You Going to Run Out of Money in Retirement?

You just left a meeting with your financial adviser, and your nest egg is looking bulletproof, with a projected worth of well over $1 million at age 95. But wait a second, are you sure about that?

If your financial projections look too good to be true, they might well be, for a variety of reasons.

When the pandemic hit home in March 2020, the stock market crumbled and many people saw their investment portfolios drop. Fortunately, the markets eventually recovered; but the sudden drop caused many people to review their investments and projections.

While reviewing a new client’s portfolio

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Stimulus package: All the new tax breaks parents and retirees could get

Under the current stimulus proposal, families with children and older adults may be eligible for tax breaks that could bring in thousands more dollars.

Sarah Tew/CNET

Last week, the Senate approved the nearly $2 trillion COVID-19 stimulus bill, which will now make its way back to the House before getting signed into law. If the most recent version of the bill stands, it could bring your family far more money than the past two COVID-19 relief bills have — beyond just a third stimulus check. The American Rescue Plan Act of 2021 does include a third stimulus check

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Dependents and your next stimulus check: Money, tax breaks, who qualifies, more

Whom Congress considers a dependent for stimulus checks has dramatically changed. Here’s how it works.

Angela Lang/CNET

President Joe Biden has signed the $1.9 trillion COVID-19 relief bill into law, and the IRS will start sending out the third stimulus check as soon as this weekendhere’s how to track your payment. In this round, unlike the first two, nearly 13.5 million more dependents will qualify for the third check of up to $1,400 each —  the same amount as adults

The rules and details surrounding dependent qualifications, taxes and more can get confusing, depending on

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