Personal Finance Advice and Commentary

Michael Phelps’ retirement will have him seeing green. The Olympic star already has plenty of “medal” as a sponsor.

Olympic medalists earn a bit of cash, but the IRS still gets a cut. One senator wants to make the medals and honorariums tax-exempt.

Olympic athletes outdo most of us from physical standpoint and they lead the way in managing their finances, according to a study by TD Ameritrade.