Greg DePersio

An ultra-high-net-worth individual (UHNWI)—someone with a net worth of $30 million or more—must deal with a unique set of problems that accompanies that level of wealth. These challenges include ever-evolving tax codes, estate planning, sustaining their lifestyles during retirement, and […]

Social Security disability benefits may be taxable if you have other income that puts you over a certain threshold. However, many people who receive Social Security disability benefits do not have to pay taxes on their benefits because most people

Accountants and auditors work with a company’s financial statements to ensure they are accurate, up-to-date, and in compliance with various regulatory standards. Here’s what you need to know if you’re considering either of these fields as a career. Key Takeaways

Meta Pay, formerly Facebook Pay, is an online payment service on any of Meta’s sites, including the Facebook Messenger app, Instagram, and WhatsApp. The Meta Pay button also appears as a payment option on other websites, but its primary function

Though your will is not public during your lifetime, after you die, it becomes public after it goes through a process called probate. In probate, a will is validated, the estate is inventoried, and the assets are distributed according to

Beneficiaries of a trust typically pay taxes on the distributions they receive from a trust’s income. The trust doesn’t pay the tax. Beneficiaries aren’t subject to taxes on distributions from the trust’s principal, however. The principal is the original sum

A money market fund is a safer alternative to stock investing and often pays more than holding money in a traditional bank account. These funds pool investors’ money to purchase low-risk and highly liquid securities, such as Treasury bills and

Debit Card vs. Credit Card: An Overview Debit and credit cards are commonly used worldwide, and although they look similar, there are major differences between them. For example, a debit card takes funds directly from your bank account, while a

Annuities and bonds are two financial products often used by investors who are seeking a steady stream of income in retirement. However, tax regulations, interest rates, lending systems, and maturity lengths for these products vary widely. Before you make any

Factors that affect your credit score include your payment history, your credit mix, your credit utilization ratio, the length of your credit history, and whether you’ve recently applied for new credit. The amounts owed (your debt level), your payment history,