The Latest Breaking News from The Free Financial Advisor

Foreign investment laws can be a maze for investors looking to expand internationally. Each country sets its own rules, and these can change quickly. Navigating complex foreign investment laws is crucial for protecting your assets and avoiding unexpected legal trouble. Without a clear understanding, investors risk fines, delays, or even…

Medical debt is a growing concern for millions of Americans. Even with insurance, high deductibles and surprise bills can leave patients struggling to pay. Hospitals, faced with their own financial pressures, have developed aggressive—but legal—tactics to collect on these debts. Understanding these methods can help you protect your finances and…

Every taxpayer worries about making a mistake that could attract unwanted attention from the IRS. While most tax returns are processed without issue, certain patterns, numbers, and claims raise what the IRS calls “compliance indicators”—more commonly known as IRS red flags. These warning signs can trigger closer scrutiny or even…

If you recently changed jobs, you probably faced the question of what to do with your old retirement account. Rolling over an old 401(k) into a new employer’s plan seems like the easiest and safest move—but what if it wasn’t the best financial choice? Many workers make this decision quickly,…

QR codes have become part of everyday life, from restaurant menus to parking meters and concert tickets. But while these black-and-white squares make life more convenient, they also open the door to serious security risks. A growing number of scams are now using a public QR code to trick people…

Trying to estimate where your finances will stand years from now can feel like staring into a crystal ball. Yet with the right tools and assumptions, it’s possible to make realistic projections that help guide major life decisions—like when to retire, buy a home, or expand investments. Understanding different models…

Imagine getting a frantic phone call late at night. The voice on the line sounds exactly like your child, spouse, or parent. They’re scared. They say they’re in jail and need money for bail. You feel your heart race. This is the reality of the new AI voice scam—a sophisticated…

If you’re self-employed or run a small business with no full-time employees, a solo 401(k) can be a powerful tool for retirement savings. The ability to contribute both as an employee and employer opens the door to much higher annual limits. But just hitting the basics might mean you’re leaving…

Your IRA is meant to be a powerful tool for your retirement, but making the wrong move with withdrawals can cost you big time. Too many people dip into their IRA without realizing the penalties that can eat away at their savings. The rules around early withdrawals, taxes, and required…