Personal finance

boonchai wedmakawand | Moment | Getty Images Putting your purchases on plastic is about to cost you even more. The Federal Reserve is expected to raise rates three or four times this year, starting as early as March. That means anyone who carries a balance on their credit card will soon have to cough up more dough

freemixer | E+ | Getty Images If you’re like most Americans, you do not have a formal plan for what will happen to your assets when you die. Just 46% of Americans have made provisions for how their money and estate should be handled, a 2021 Gallup poll found. Those results have been more or

Margaret Bailey, pictured with her son, works hybrid, spending some time at home and some time in the office. Source: Margaret Bailey The ability to work remotely has been a lifeline for Margaret Bailey during the Covid-19 pandemic. Bailey, the mother of two young children, splits her time between home and the office as vice

A home in Breckenridge, Colorado. Michael Robinson | Corbis Documentary | Getty Images Ever since the Covid pandemic began almost two years ago, weary Americans hankering for a fun, but still safe, getaway have rejiggered their travel habits to jibe with the new normal. Domestic road trips, national park visits and vacation home rentals and

d3sign Robots want to be your next financial advisor. Not too long ago, that notion may have smacked of sci-fi whimsy — “Star Wars” cyborg C-3PO in a power suit on Wall Street, perhaps. But robots, or so-called “robo-advisors,” may soon manage more than $1 trillion of Americans’ wealth. These aren’t actually tangible robots; they’re

The Dyrt co-founders Kevin Long and Sarah Smith work out of their camper van while traveling around the country. The Dyrt Sarah Smith and Kevin Long have taken remote work to a new level. Their office is a camper van. The location varies. The married couple, co-founders of camping app The Dyrt, ditched their Portland,

This image provided by Jeopardy Productions, Inc. shows game show champion Amy Schneider on the set of “Jeopardy!” Schneider is the first trans person to qualify for the show’s Tournament of Champions. Jeopardy Productions | AP Amy Schneider has been on a “Jeopardy!” roll. The Oakland, California-based software engineering manager recently surpassed $1.1 million in

miodrag ignjatovic | E+ | Getty Images It’s not just retirees who need to think about Medicare. Anyone who plans to keep working when they reach the eligibility age of 65 should evaluate how — or if — Medicare will fit into their health-care coverage. The program’s general rule is that unless you meet an

FluxFactory As you approach retirement, you may find that your ideal life no longer includes your current spouse. You’re not alone. According to the U.S. Census Bureau, the percentage of people who have been divorced is highest among those ages 55 to 64. Even though you may want to end your marriage, there may be

Aerial view of Manhattan and Hudson River in New York Karel Stipek | iStock | Getty Images Throughout most of the pandemic, New Yorkers have been shielded from eviction thanks to a statewide moratorium on the proceedings. That protection will come to an end on Saturday, and tenant advocates fear that many could be pushed

In this article TROW Geber86 | E+ | Getty Images Saving for retirement can seem like a far-off goal when other priorities — from day-to-day expenses to managing debts — feel more urgent. But if you don’t consistently put money aside toward your so-called golden years, you could fall behind. There’s a $4 trillion difference

In this article NAVI Navient, one of the largest student loan servicers, will cancel $1.7 billion in private student loans after a deal it reached with 39 states. The settlement, announced on Thursday, resulted from accusations the lender gave out loans to millions of borrowers who’d be unlikely to be able to repay them. It

The resignation rate has increased at large organizations and small businesses, with more than 4.5 million workers quitting their jobs in November, according to the most recent data from the U.S. Bureau of Labor Statistics. If you recently left your employer — or are planning to do so — here are your options to make

Getty Images The pension plans of big U.S. companies haven’t looked this good since before the 2008 financial crisis — and that’s good news for workers and employers. A pension’s “funded” status is a core gauge of its health. It’s a measure of plan assets relative to liabilities (how much money the plan needs to

A San Francisco grocery store. David Paul Morris/Bloomberg via Getty Images Inflation is taking a big bite out of workers’ paychecks, eroding many of the raises businesses have offered to attract and keep employees in a hot job market. But strong wage growth in certain sectors, such as hotels and restaurants, has eclipsed those consumer

Sinenkiy | iStock | Getty Images Social Security beneficiaries are receiving the highest cost-of-living adjustment in decades, thanks to rising inflation. That 5.9% increase went into effect in January. Prices have continued to climb higher since that change was announced in October. The Consumer Price Index, a government measure for price changes for certain goods,

Inflation is increasing at its fastest rate in decades, and anyone who’s been to a supermarket lately can tell that one of the hardest-hit groups is food.  The cost of bacon is up more than 18% from last year. Meanwhile, chicken and egg prices have swelled by more than 10%. If your grocery bill is

Colin Anderson Productions pty ltd | DigitalVision | Getty Images Health care still reigns supreme when it comes to the best jobs in the U.S., but a technology job snagged the top spot in the U.S. News & World Report annual rankings. Information security analysts came in No. 1, thanks to a strong 10-year outlook,

Damir Khabirov | iStock | Getty Images How high would you score yourself when it comes to feeling comfortable with your current financial situation? If you’re like most, you wouldn’t give yourself very high marks, according to a survey from TIAA. The financial services company set out to evaluate Americans’ financial wellness – defined as

Morsa Images | E+ | Getty Images Tax season begins on Jan. 24 and filers should expect delays as the IRS combats a backlog and limited staffing, Treasury officials say. The IRS still had not processed 6 million individual returns already submitted by taxpayers as of Dec. 23, according to the agency, and the situation