In Case You Missed It – The Extra Standard Deduction for People 65+, Financial Planning While Passing the Pie

How to Talk About Your Financial Plan While Passing the Pie | Is the Stock Market Open Today? | The Extra Standard Deduction for People Age 65 and Older Created for {EMAIL} | [Web Version]( November 23, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top Story [] [How to Talk About Your Financial Plan While Passing the Pie]( [How to Talk About Your Financial Plan While Passing the Pie]( (Getty Images) Thanksgiving could be a good time to begin making your retirement and estate plans clear to your family. Financial adviser Michael Faust offers [advice on getting the conversation started](. [] Stocks [] [Is the Stock Market Open Today?]( [Is the Stock Market Open Today?]( (Getty Images) This question might have an obvious answer – but many don’t know what happens the Friday after the holiday. Read about how [your Black Friday shopping could include stocks](. [Understanding Student Loans and Debt]( Get answers to your most pressing questions about school loans and student debt. [LEARN MORE]( ADVERTISEMENT [] In Case You Missed It [] [The Extra Standard Deduction for People Age 65 and Older]( [The Extra Standard Deduction for People Age 65 and Older]( (Getty Images) The tax code offers a perk in the form of an extra standard deduction for people aged 65 or older. For eligible older adult filers, the additional deduction stacks on the regular standard deduction and can further reduce taxable income. That, in turn, can increase the amount of hard-earned money you keep in retirement. [Here’s what you need to know about this tax break](. [] Smart Shopping [] [When Is Cyber Monday?]( [When Is Cyber Monday?]( (Getty Images) This year, Cyber Monday may overtake Black Friday in total spending. The extra discounts offered on online shopping are tempting. Avoiding lines and not fighting for parking is another bonus. Keep reading to find out [what your experienced deal hunters are doing and how your plans compare](. [How to Earn a Tax-Advantaged 10% Dividend Yield]( The average annual return of commercial real estate over 20 years is roughly 9.5%, nearly 1% greater than the S&P 500's average annual return of 8.6%. The CRE Income Fund pays an annual 10% dividend yield and is a long-term strategy that returns over $25,000 for every $10,000 invested over the next ten years. [READ MORE]( ADVERTISEMENT [] Personal Finance [] [Is Maintaining Holiday Traditions Stressing You Out?]( Financial adviser Kelly Gallimore offers some tips on how to manage expectations, start new traditions and monitor holiday expenditures. [Read More]( [] Savings Accounts [] [Popular Direct’s Savings Account]( Popular Direct’s savings account earns one of the highest annual percentage yields (APYs) available nationwide, only requires a $100 minimum deposit, and has a great lack of fees. Check out the details for many different accounts here: [] [Are You Planning For Healthcare in Retirement?]( Healthcare expenses tend to increase with age, you may consider including them in your retirement plan. [READ 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. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:mailto:alerts@kiplinger.com) | [ADVERTISE]( [Future]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036