Keep Every Dollar: The States With Zero Tax on Retirement Income in 2025
Key Takeaways
- Illinois, Iowa, Mississippi, and Pennsylvania are considered to be the most tax-friendly states for retirees.
- Thirty-eight states don’t tax Social Security income.
- Thirty-seven states don’t tax most military retirement pay.
- Fifteen states exempt pension income from state taxes.
» Read more about: Keep Every Dollar: The States With Zero Tax on Retirement Income in 2025 »
Read MoreBest small-cap mutual funds 2025: 5 schemes beating benchmarks and compounding 30%+ returns
Small-cap funds can rise fast and fall just as quickly. The last year has been difficult for the category, with several schemes posting weak or negative returns. That does not change the broader picture. Small-caps need time to deliver. While the category can carry a higher risk, those who stay invested tend to be rewarded.
Read MoreWarren Buffett Is Moving Away From Tech — Here’s What He’s Buying Instead
Key Takeaways
- Berkshire Hathaway acquired OxyChem for $9.7 billion, marking Buffett’s largest deal since 2022.
- The deal may be Buffet’s last as CEO before he steps down.
- The petrochemical business manufactures commodity chemicals like chlorine and sodium hydroxide, which are used in water treatment,
» Read more about: Warren Buffett Is Moving Away From Tech — Here’s What He’s Buying Instead »
Read MoreNvidia Just Made a $1 Billion Bet on Nokia. Should Investors Follow Its Lead?
In a surprising move revealed Tuesday, Nvidia (NVDA +4.98%) announced it was taking a $1 billion investment stake in Nokia (NOK +22.84%). The news pushed Nokia stock up 22.8% in the day’s trading and rocketed its market capitalization up to approximately $41.8 billion —
» Read more about: Nvidia Just Made a $1 Billion Bet on Nokia. Should Investors Follow Its Lead? »
Read MoreThe Burst
What Billionaires Bought Last Quarter
Many billionaires fly under the radar. But 13F filings offer a clue as to what assets the ultra-rich are scooping up.
The most recent release last month, showcased three key stocks that billionaire money managers snapped up. All four are profitable and time-tested stocks within the Dow Jones Industry Average,
» Read more about: What Billionaires Bought Last Quarter »
Read MoreThe Ivy
Market Commentary: Is Musk Making a Massive Mistake?
Tesla reported record profits and production in the second quarter of 2023, but its stock price fell 11%. The company’s revenue increased 47% year-over-year to almost $25 billion, and delivered just shy of 900,000 vehicles. However, Tesla’s gross margin fell by almost 7% points from 25% in the previous quarter, due to price cuts.
Tesla CEO Elon Musk said that the company is “
» Read more about: Market Commentary: Is Musk Making a Massive Mistake? »
Read More