Only Fraction Eligible Kids Could Miss Out on Billions
A new 530A account aims to boost child wealth, but uptake is tepid as July 4 launches draws near. Experts warn billio...
Wealth Inequality
This tag page curates four articles on Wealth Inequality, explaining how policy, markets, and tech affect everyday finances and offering practical steps to protect and grow wealth.
12 articles
Former Social Security Commissioner Proposes Taxing the Rich
A former social security commissioner argues for higher taxes on the wealthy to shore up Social Security. The idea so...
Redistributing Elon Musk’s Trillion: Per-Household Impact
A renewed policy debate on redistributing elon musk’s trillion raises questions about liquidity, feasibility, and the...
Jimmy Kimmel Turns Elon Into a Brutal Late-Night Lesson
A late-night joke becomes a financial brain-teaser: how the trillionaire milestone reframes wealth and what it means ...
Wealth Gaps Decide Homeownership: This Factor Determine
A new study finds family wealth, not just earnings, largely determines who becomes a homeowner. The findings come as ...
Study Finds Escaping Your Income Bracket Fails Build Wealth
A National Bureau of Economic Research paper shows escaping your income bracket no longer guarantees wealth, a findin...
Kiplinger Letter Reveals 0.001% Tax Rate Edge in 2023
New IRS data summarized by the Kiplinger Letter shows the ultra-wealthy paid a 23.61% effective federal tax rate in 2...
Could $100,000 Social Security Benefits Be Capped?
A bipartisan proposal aims to cap Social Security benefits for the wealthiest couples to address long-term solvency c...
Jay-Z Defends Billionaires Interview and the Money Era
A high-profile musician argues that wealth isn’t a character flaw. This piece translates that stance into practical p...
Billionaire Larry Fink Says AI Wealth Gap Is the Real Threat
BlackRock’s chief executive argues that AI’s biggest impact is on who owns wealth, not just who loses a job. Here’s h...
It’s Thanks Social Security: Wealth Gap Narrowed by Policy
A Wharton analysis finds Social Security dampens wealth inequality, but solvency risks and policy changes could erode...
Nobel Laureate Co-Wrote ‘Why’ Warns Democracy Is at Risk
A Nobel Prize–winning economist says U.S. democracy hinges on two policy shifts tied to AI and inequality. He outline...