Ben Steverman
Personal finance reporterBen Steverman is a personal finance reporter at Bloomberg.
Ben Steverman is a personal finance reporter at Bloomberg.
Customers will have two investment options: an ETF-only portfolio and one that includes actively managed mutual funds, along with index funds.
If you raise rates on the rich, will you lose them to other states? A study of 45 million IRS records suggests it doesn’t work that way.
Why would anyone spend $24 million to buy a 1% stake in the Yankees? For wealthy sports fans, it's cool and can be one heck of a tax shelter.
You might expect aging boomers to postpone their retirements after watching stocks tumble. Instead, nearly 403,000 American workers and their spouses were awarded their first Social Security checks in January, the highest monthly total in three years.
If youre scared of an audit by the IRS, theres less to fear these days. New data show that budget cuts at the IRS mean the agency is investigating fewer wealthy taxpayers.
Tax season is supposed to be over on April 15. But among certain groups -- especially the wealthy -- filing for an extension until Oct. 15 is now routine.