Many people are swept up in buying gifts for their loved ones this time of year, but you can't forget to wrap up your financial obligations! Chris Hogan, Financial Expert and Author of "Retire Inspired", joins Your Cheddar to discuss what you need to do before the ball drops to ring in the new year.
Hogan says it's important to take a look at any leftover money from your 2017 budget and look at retirement options. You may still have time to increase your 401(k) contribution and consider contributing your yearly bonus toward retirement.
Plus, how certain states will be impacted by the Senate passing its tax reform bill. Hogan advises people to make sure all their paperwork is in order so they hit any end-of-the-year deadlines.
The U.S rushed to seize the assets of Silicon Valley Bank after a run on the bank, the largest failure of a financial institution since Washington Mutual during the height of the financial crisis more than a decade ago.
Fear rattled Wall Street Friday, and stocks tumbled on worries about what’s next to break under the weight of rising interest rates following the biggest U.S. bank failure in nearly 15 years.
