Face it: You probably could have done more in 2015 to help your retirement picture, and you weren’t alone. A Capital One Bank survey released in December found that only a third of respondents accomplished their financial goals last year.
Piling on new debt now could be costly, if the Federal Reserve continues to increase interest rates this year (which pushes up the rates on credit cards). So to help you get back into the black, consider these strategies.
Current gift tax laws allow for some pretty hefty exclusions for the giver. But, of course, as with anything to do with taxes, there are some very particular dollar figures that you should be aware of.