Personal finance

Image Source | Getty Images There’s some good news for those looking to get married on a budget: City and town halls are back in the nuptials business. Wedding bells will be ringing again, for example, at the New York City Marriage Bureau. Mayor Bill de Blasio announced Thursday that the city will again book

Alistair Berg | DigitalVision | Getty Images If you’re among the workers who plan to continue working remotely, you may want to evaluate your 2021 tax situation. While many states offered a pandemic-related reprieve that generally resulted in no tax filing obligation for remote workers who worked temporarily in their state, the leniency was for

bymuratdeniz | iStock | Getty Images Intuit, the company behind popular tax filing software TurboTax, announced that it will no longer participate in the IRS Free File program, which helps millions of Americans submit tax returns at no cost. “With the Free File program surpassing its founding goals of e-file and free tax preparation, and

Alexi Rosenfeld | Getty Images Sasha Demskie received a welcome deposit in her bank account this week: a $250 payment from the government as part of the new monthly child tax credit payments. The money will go to pay basic bills, said Demskie, 46, of Conway, Arkansas, who lost her job in April while she

Serhii Shleihel | iStock | Getty Images Signs are mounting that student loan borrowers could get more time before they need to resume their payments. For more than 16 months now, most borrowers’ bills have been on pause, thanks to a break offered by the U.S. Department of Education because of the financial struggles wrought

RyanJLane | E+ | Getty Images The pandemic sparked charitable giving among wealthy families, and some who are eager to give more may score a bigger 2021 write-off by leveraging money from pretax retirement accounts.  Here’s how it works: Certain retirees with excess pretax retirement savings — meaning they’ve saved more than they expect they’ll

A restaurant worker at a May 26, 2021 “Wage Strike” demonstration organized by One Fair Wage in Washington, D.C. Anna Moneymaker | Getty Images News | Getty Images The coronavirus crisis has cast new attention on wages and income. It’s been 12 years since the last federal minimum wage increase, and whether a hike in

kate_sept2004 | E+ | Getty Images It’s a historic day for U.S. families with children. Roughly $15 billion has been sent to 35.2 million families in the first of six advance child tax credit payments, according to the U.S. Treasury Department and IRS. The average payment in the first round is $423, and will reach

eyecrave | E+ | Getty Images States could do a far better job of teaching financial literacy in their schools, a new report suggests. To that point, 66% of states earned grades of C or worse for such instruction, according to the Nation’s Report Card on Financial Literacy, a study released by the American Public

Senate Majority Leader Chuck Schumer, D-N.Y., and President Joe Biden arrive at the U.S. Capitol for a Senate Democratic luncheon on July 14, 2021. Drew Angerer | Getty Images News | Getty Images Senate Democrats aim to fund a $3.5 trillion budget measure partly on the backs of higher taxes for corporations and the wealthy,

Brocreative | Getty Images This week, roughly 39 million American families with children will start receiving payments from the 2021 enhanced child tax credit. It will amount to hundreds of dollars per month for some. The money will be a huge help to eligible families as they grapple with the end of Covid-era unemployment benefits

zimmytws | iStock | Getty Images The Social Security cost-of-living adjustment for 2022 could be 6.1% due to inflation, according to a new estimate. That would be the biggest increase since 1983, according to non-partisan advocacy group The Senior Citizens League, which calculated the figure. It’s also a bump up from last month’s estimate, when

Westend61 | Westend61 | Getty Images Medicare — the health insurance program relied on by most older Americans — would cover dental, vision and hearing under a budget agreement announced late Tuesday by Senate Democrats. The proposal for expanded coverage was included as part of a plan to spend $3.5 trillion over the next decade

Jon Feingersh Photography Inc | DigitalVision | Getty Images Workers may be dreaming of quitting their job as part of the post-pandemic “Great Resignation,” yet employers aren’t necessarily buying it, a survey from human resources software company Tinypulse found. On average, human resources and C-suite leaders expect only 8% of their employees will choose to

A Social Security Administration office in San Francisco. Getty Images There’s new leadership at the Social Security Administration. A number of retirement advocates are applauding the move. President Joe Biden fired Social Security Commissioner Andrew Saul on July 9. Saul, an appointee of former President Donald Trump, locked heads with Democrats earlier this year over

Bill Oxford | E+ | Getty Images Roughly 4 million refunds will be sent this week to people who overpaid taxes on their 2020 unemployment benefits, the IRS announced Tuesday. Due to the $1.9 trillion American Rescue Plan Act, which became law in March, up to $10,200 in 2020 unemployment compensation was excluded from taxable

Before Shira Berg, 30, heads to her workplace, she reserves a desk in advance.   The director at Autumn Communications helped her New York office implement a shared workstation system. With clients that include Amazon, Instacart and Goldbelly, the PR agency doubled in size during the pandemic. But adhering to Covid guidelines with just 27 desks

In this article DFS Last year, many high school seniors dramatically changed their expectations about the future. This year, more students are getting back on track. Nearly two-thirds of parents, or 63%, said their child’s post-high school plans have returned to what they were before the global pandemic, according to a report by Discover Student

Allyson Felix celebrates with her daughter Camryn after finishing second in the Women’s 400 Meters Final on day three of the 2020 U.S. Olympic Track & Field Team Trials in Eugene, Oregon. Patrick Smith | Getty Images Sport | Getty Images When runner Allyson Felix heads to Tokyo to compete in the Olympics, she’ll go

jittawit.21 | iStock | Getty Images With the pandemic proving hard to leave behind and the global economy still suffering, the stock market is having a bad week. The Dow Jones Industrial Average dropped about 350 points, or 1.1%, in early Thursday trading, and the S&P 500 fell 1.3%. But while it can be painful