EV Tax Credits Changes Again, Boeing Investigations – What You Need to Know, 2024 Retirement Plan Adjustments

You Might Need to Adjust Your Retirement Plan This Year | EV Tax Credits Changed Again -- What You Need to Know | Boeing Investigation: What Fliers Need To Know Created for {EMAIL} | [Web Version]( January 12, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top Story [] [You Might Need to Adjust Your Retirement Plan This Year]( [You Might Need to Adjust Your Retirement Plan This Year]( (Getty Images) Investment adviser Jerry Golden lists several retirement planning challenges that could lie ahead this year while providing [suggestions for how you might deal with them to help secure your financial future](. [] Taxes [] [EV Tax Credits Changed Again -- What You Need to Know]( [EV Tax Credits Changed Again -- What You Need to Know]( (Getty Images) The federal tax credit, of up to $7,500, for EVs came thanks to the [Inflation Reduction Act](. But ever since the electric vehicle tax credit was announced, there have been questions and confusion. We make it easier for you to understand. [Here’s what you need to know if you want to buy an EV](. [Benefits of Compound Growth, Put time on your side.]( Compound interest makes your money grow faster because interest is calculated on the accumulated interest over time as well as on your original principal. Compounding can create a snowball effect, as the original investments plus the income earned from those investments grow together. Choices like REITs and dividend stocks can net you a higher return with reinvested dividends. [READ MORE]( ADVERTISEMENT [] In the News [] [Boeing Investigation: What Fliers Need To Know]( [Boeing Investigation: What Fliers Need To Know]( (Getty Images) United and Alaska Airlines fliers, especially, will see more than the usual travel delays and cancellations amid an ongoing investigation to find out why a door on a Boeing 737 MAX 9 aircraft detached on an Alaska flight. The airlines are the two biggest U.S. users of the MAX 9 and both have warned of ongoing disruptions. [What can you expect and will there be more disruptions](? [] Stocks to Buy [] [How Does a Government Shutdown Affect Stocks?]( [How Does a Government Shutdown Affect Stocks?]( (Getty Images) The record for stocks during government shutdowns is almost encouraging. How does the market feel about shutdowns? [We break down the market’s reactions to previous shutdowns to give you an idea of what might be in store](. [Vanguard vs. Fidelity vs. Schwab]( Who are you partnered with? See how these popular brokerage firms stack up when it comes to fees, resources, and specific services, so you can decide on the right fit for you. [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]( [] Banking [] [Are the Banks Open on Martin Luther King Day?]( MLK Day is almost here, which has many folks wondering if the banks are open on Monday, January 15. [Read More]( [] Personal Finance [] [Overbilled by Your Lawyer? You’re Not Alone]( Fraudulent billing by lawyers is a big problem. This young lawyer took steps to stop her firm from misrepresenting her expertise for the purpose of overbilling, writes attorney H. Dennis Beaver. [Read More]( [How automated tech makes investing easy]( Stay chill while your money works for you, with Betterment’s tax-smart tools and automated technology. Investing involves risk. Performance not guaranteed. [LEARN MORE]( ADVERTISEMENT [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. 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