Closed-end funds are considered to carry higher risk but may provide a higher income stream than traditional mutual funds holding similar securities.
Higher yields have led to record new issues of municipal bonds in 2024 and early 2025.
Hybrid long-term care insurance policies, also known as asset-based plans, combine the benefit of a life insurance policy or an annuity with the availability of long-term care benefits.
Here are some steps to help handle challenging times and potentially emerge even stronger.