Social Security: It'll be harder to qualify for retirement benefits starting in 2025 — what to know
It will become slightly harder to qualify for Social Security benefits in retirement next year amid a change related to the value of a work "credit."
Biden administration forgives $4.5 million in student debt for 60,000 borrowers
The Biden administration announced over $4 million in funding for borrowers who have met PSLF requirements.
IRS announces higher standard deductions for 2025
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from taxation.
A growing share of Gen Z adults don't think they'll retire: only 20% are saving for it
America's youngest adult generation is projected to live longer than previous generations, but few of them are preparing for a traditional retirement.
Americans are feeling more anxious about their credit card debt, survey finds
Americans appear to be feeling more worried about mounting credit card debt, according to the New York Fed’s September 2024 Survey of Consumer Expectations.
Tax extension deadline on Oct. 15: What to know about filing late returns
For Americans who filed for a tax extension for the 2023 tax year, the deadline is on Tuesday, Oct. 15, 2024.
Some Social Security recipients will get two payments in November. Here's why
Those who receive Supplemental Security Income (SSI) will receive an additional check in November due to how the payment schedule is lined up.
Social Security COLA 2025: Recipients to receive 2.5% increase next year
The cost-of-living adjustment, or COLA, was announced on Thursday. Here’s what to know.
Study: Nearly half of Americans are still paying off debt from last holiday season
The holiday shopping season has kicked off, but it can also bring along financial challenges.
Taxpayers in these 24 states will be able to file their returns directly with the IRS
The IRS is expanding its Direct File program to 30 million taxpayers in 24 states for the 2025 tax season. Learn more about the new eligibility standards and participating states.
October Social Security payment schedule: Here’s when beneficiaries will get their checks
Here is the October Social Security payment schedule for retirement, disability, and survivor beneficiaries.
Private student loan interest rates rise for 5-year terms and dip for 10-year terms
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
5 'unnecessary' bills to stop paying in 2024, according to experts
One way to save money is by looking at monthly bills and identifying items that you pay for but no longer use.
What to know about tapping into your home equity as interest rates drop
The latest interest rate cut by the Federal Reserve may have created an opportunity for homeowners to explore options for their home equity. Here’s what you need to know.
Nearly a third of homeowners say they are ‘house poor’ in new survey
The financial strain of having a house has led some homeowners to sacrifice paying for other critical expenses, a recent survey finds.
Census Bureau reports average household income
The US Census Bureau says the average household income has increased year-over-year and is back over $80,000.
Here's how much the typical American household earned last year
The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level.
Social Security: Without reform, retirees could lose this much in annual benefits, report says
If Social Security is depleted by 2033, as is currently projected without reform, there would be a mandated 21% across-the-board Social Security benefit cut for retirees, the report says.
AAA study shows vehicle maintenance costs have risen by an estimated $115 per month
The cost of owning and maintaining a car is on the rise, according to a new report.
Social Security September payment schedule: Here’s when beneficiaries will get their checks
Many Social Security retirement, disability, and survivor beneficiaries will receive their September payments on either the second, third, or fourth Wednesday of the month.