All self-employed workers must pay Social Security taxes, just like individuals who work for an employer. Those who work for an employer split their Social Security tax burden down the middle, while self-employed workers are responsible for both halves. And because self-employed workers pay Social Security taxes, they’re entitled to Social Security benefits in retirement.…
Once every four years, the reward that miners of Bitcoin (BTC) receive for validating a block of transactions is reduced by half — a procedure known as “halving.” A halving event cuts the rate at which coins are created, often boosting their price, and is intended to maintain Bitcoin’s incentive mechanism for miners and control……
Final numbers won’t be available for months, but one thing is certain: An overwhelming number of drivers in Hurricane Ian’s path will be replacing a vehicle at a time when inventories are already tight. “We’re anticipating more than 300,000 destroyed vehicles from Hurricane Ian,” says Mark Friedlander, Florida-based director of corporate communications for the Insurance……
Social Security spousal benefits provide a monthly sum to a retired worker’s spouse or former spouse. The spouse receives up to 50% of the value of the retired worker’s Social Security base retirement or disability benefit[0] . If you’re the retired worker in this equation, signing up your spouse for spousal benefits doesn’t mean your…
What’s new in crypto regulations Recommendations on stablecoin regulations. On Oct. 11, the Financial Stability Board, an organization that coordinates financial policy for the world’s largest economies, published high-level recommendations regarding the oversight and regulation of stablecoins and opened the proposed framework for public comments. The proposals would provide more federal oversight for stablecoins and……
The Chase Sapphire Reserve® has been a fan favorite since it launched in 2016 with a limited-time 100,000 point sign-up bonus. But since early 2017, the best publicly available offer has been 60,000 points. But as of Oct. 18, 2022, the card has upgraded its sign-up bonus: Earn 80,000 bonus points after you spend $4,000……
Today, Mastercard announced an upcoming pilot program called Crypto Source that will allow traditional banks and other fintech companies to let their customers buy, hold and sell crypto assets. To offer these services, Mastercard is expanding its partnership with Paxos Trus Company, a blockchain infrastructure platform. Most crypto investors currently use crypto exchanges such as……
Home insurance costs are rising. Supply chain issues due to the pandemic, labor shortages in the construction industry, rising inflation, and increasing natural disasters are contributing factors. And experts say this trend will continue. However, you have ways to ensure you’re paying the lowest rate possible while remaining fully covered. Here are some tips to……
The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a……
Medicare open enrollment starts today, but 7 in 10 Medicare beneficiaries say they don’t compare Medicare plans during this period, according to a 2021 analysis by KFF, a health policy nonprofit. That’s not great, since Medicare Advantage plans — which operate much like the private insurance you may have had through an employer — change……