The long-awaited simplified Free Application for Federal Student Aid (FAFSA) form to request financial help for the 2024-25 year is finally here — though it may not have seemed like it for millions of Americans over the long New Year’s...
The economic landscape in the United States presents a challenging scenario for Americans nearing retirement. The convergence of inflation, high interest rates and an unpredictable stock market has significantly impacted retirement plans. Despite a decrease in inflation, concerns about income...
Student loan forgiveness was struck down last summer by the Supreme Court. But all hope for debt relief isn’t lost. Nearly 44 million Americans held student loans valued at more than $1.6 trillion at the end of March, according to...
One of the nice things about 401(k) plans is that they come with very generous annual contribution limits. This allows savers to sock away a nice amount of money for retirement and, at least in the case of a traditional...
Having enough cash to cover the bills must be job one when it comes to retirement savings. Yet, the retirement gap − the risk of not having enough money throughout retirement to cover typical spending − is widest among late...
Workers have received big raises during the last couple of years, but that may fade soon amid economic uncertainty, according to a survey released Monday. Nearly half (49%) of 600 business leaders surveyed this month by ResumeBuilder.com said they won’t...
Christmas came early (again) this year for many taxpayers and tax professionals. The IRS has announced that it would (again) delay the new $600 Form 1099-K reporting threshold for third-party settlement organizations. Here’s what you need to know. The IRS...
How much you pay to a real estate agent to buy or sell a home is likely to go down after a victory for consumers in a federal trial in Missouri earlier this week. A jury in a case against...
Imagine a young married couple. One partner invests heavily in his employer’s 401(k), saving for both spouses. The other focuses on paying the bills and contributes nothing to her retirement plan, missing out on the employer’s matching funds. That was...
Time’s up for millions of Americans: The final deadline to file your 2022 taxes is approaching quickly. Millions of people file every year for an automatic tax-filing extension beyond the original April deadline. By mid-May, more than 142 million taxpayers...
Fewer older Americans are writing wills, research shows, a finding that could spell trouble for survivors. The share of over-70 households with wills or trusts to distribute their assets after death has been in steady decline since the mid-2000s, according...
A financial crisis may be brewing with Buy Now Pay Later, or BNPL, users, a new survey shows. Not only do shoppers who use the short-term financing tend to borrow and spend a lot, but they’re having difficulty keeping up...
Inheriting money often comes with a mix of emotions – ranging from anxiety and grief to anticipation and gratitude. And sometimes, the suddenness of such an event can make it a challenge to think clearly. As a beneficiary, how should...
Millions of Americans may not have to pay federal student loans anymore. But if you live in a state that has decided to tax forgiveness, you should prepare, experts say. Even though the Supreme Court struck down President Joe Biden’s...
Now that the Biden administration’s plan for student loan forgiveness has been overturned, many borrowers are considering taking matters into their own hands by boycotting payments, according to a recent poll. Sixty-two percent of the 1,000 federal student loan borrowers...
