Boosting IRAs With REITs, Biden Marijuana Shifts Changing Tax Eligibility, Outlet Shopping Cheat Sheet

Renting Is Cheaper Than Buying in All 50 States. Where Does Your City Stand? | The Seven Best Stocks to Buy This Month | How the Biden Marijuana Shift Could Impact Taxes Created for {EMAIL} | [Web Version]( May 4, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top Story [] [Renting Is Cheaper Than Buying in All 50 States. Where Does Your City Stand?]( [Renting Is Cheaper Than Buying in All 50 States. Where Does Your City Stand?]( (Getty Images) Renting is cheaper than buying in most places, according to a new Bankrate survey. In 21 [U.S. metros](, the monthly cost of owning is at least 50% more expensive than the monthly cost of renting. [] Hot Stocks [] [The Seven Best Stocks to Buy This Month]( [The Seven Best Stocks to Buy This Month]( (Getty Images) Kiplinger's annual best stocks to buy has been a feature for our readers since 2012. With the market trends and insights, [our investing experts have found the seven best stocks to buy right now](. [Over 55's Could Be Eligible For a Bath Remodel]( Finally a bathroom remodel that is affordable to everyone! You'll be shocked to see how easy and economical it is! [Learn More >]( ADVERTISEMENT: [] In the News [] [How the Biden Marijuana Shift Could Impact Taxes]( [How the Biden Marijuana Shift Could Impact Taxes]( (Getty Images) The Biden administration is planning to reclassify marijuana as a less dangerous drug. This decision has its critics, but it's worth noting that [the change would also impact federal income tax breaks](. [] Retirement Planning [] [How Non-Traded REITs Could Give Your Roth IRA a Boost]( [How Non-Traded REITs Could Give Your Roth IRA a Boost]( (Getty Images) Investing when incorporating non-traded real estate investment trusts (REITs) can be a lucrative endeavor allowing you to reap the benefits of real estate investments, such as dividends, without the complexities of property ownership and management. But how can this give your IRA a boost? Financial executive Edward Fernandez [gets into the details here](. [Strategies to Help Maximize your Income in Retirement]( Spending your hard earned retirement money can be complicated—and it's important to make the right decisions that will help your savings last. Vanguard Personal Advisor is built to provide you an ongoing collaboration with our professional advisors — so you can retire with the support you need. [LEARN MORE]( ADVERTISEMENT Featured Content Sponsored Content from Kiplinger Personal Finance Magazine [Build wealth. Cut taxes. Retire rich.]( Get a [FREE ISSUE]( of Kiplinger Personal Finance magazine, and save up to 74% to subscribe. Includes special issues such as Investing Outlook, Retirement Planning, Mutual Fund Roundup, and Guide to ETFs. Count on Kiplinger for trustworthy help to make more money, keep more of the money you make, and live a financially secure life. [CLICK HERE]( [] Personal Finance [] [Get Your Kids to Step Off the Gravy Train]( A surprising number of young adults live with their parents. Setting some financial ground rules could get the kids out on their own faster, writes finanical literacy expert Neale Godfrey. [Read More]( [] Smart Shopping [] [Shopping at Outlet and Discount Department Stores the Right Way]( Inundated by end-of-season sales, store-wide clearances, doorbusters, markdowns and summer specials, shoppers have a dizzying amount of places to buy clothes this time of year. Kiplinger takes a look at what’s worth looking at, in this guide to shopping at outlet and discount department stores. [Read More]( [Is your money working hard enough?]( It should be! Learn how Betterment's automated investing and savings technology can make your money hustle, while you don't. [LEARN MORE]( ADVERTISEMENT ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. 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