Personal finance

Fabio Camandona | iStock | Getty Images For Covid-vaccinated individuals in the 65-and-over crowd, hitting the road (or sky) may become more alluring than it’s been in nearly a year. Be sure to consider whether your Medicare plan will travel with you.  While coverage when you’re away from home depends partly on your destination, it

Hinterhaus Productions As Congress works to finalize its latest coronavirus relief bill, some American families are poised to receive a financial windfall. Between new $1,400 stimulus checks and an enhanced child tax credit, that could add up to more than $14,000 for some families. “All of the focus has been on the $1,400 when, in

Cardinal Timothy Dolan, Archbishop of New York, helps to give out food at the Saint Francis of Assisi Breadline on February 17, 2021 in New York City. Michael M. Santiago | Getty Images Jessica Cruz and her family were in a bind. When the coronavirus pandemic hit last March, Cruz, a 39-year-old care coordinator in

Avishek Das | LightRocket | Getty Images Got bitcoin or other crypto? It could come back to bite you if you don’t let the IRS know about it. Regardless of how you interacted with any cryptocurrencies last year, you’re expected to include the information on your 2020 tax return. And for those who had income

Kathy Kraninger, former president Donald Trump’s appointee to head the Consumer Financial Protection Bureau. Andrew Harrer/Bloomberg via Getty Images “Big deal” Both are a type of qualified mortgage, a category that carries legal protections for lenders from consumer lawsuits. That may happen, for example, if borrowers can’t make monthly payments and lose their homes to

Volunteers load cases of water into the bed of a truck during a mass water distribution at Delmar Stadium in Houston on Feb. 19. Justin Sullivan | Getty Images Some taxpayers are getting more time to file their 2020 returns. For individuals and businesses located anywhere in Texas — much of which has been declared

Al Drago | Getty Images News | Getty Images The measure, the American Rescue Plan Act of 2021, would pay unemployed workers an extra $400 a week through Aug. 29. Those additional relief payments would raise federal spending by about $163 billion through 2022, according to a cost estimate the Congressional Budget Office issued last

In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display in front of the Bitcoin course’s graph on February 09, 2021 in Paris, France. Chesnot | Getty Images Bitcoin‘s roller-coaster ride has continued, flashing a warning sign for curious investors who may be interested in putting money in the highly

Most student loan borrowers will be inelgible this year for the usual tax break they get for making payments on their debt’s interest. pcess609 Add it to the long list of changes in 2020: Your ability to claim the student loan interest deduction on your taxes. If you’re not familiar with all the details of

The smallest businesses that have had the most trouble accessing forgivable loans from the Paycheck Protection Program will soon get extra help. The Biden administration on Monday announced changes for the pandemic aid program focused on helping small and minority owned firms as well as sole proprietors. For two weeks, starting Wednesday, the Small Business

President Donald Trump speaks to supporters at Joint Base Andrews before boarding Air Force One for his last time as President on Jan. 20, 2021 in Joint Base Andrews, Maryland. Pete Marovich | Pool | Getty Images Former President Donald Trump’s tax returns are back in the news. The Supreme Court rejected Trump’s efforts to

Mark Makela | Getty Images News | Getty Images Americans may get another dose of extra unemployment benefits — and policymakers are debating the best way to deliver them. A host of lawmakers and economists want to put the aid on autopilot, phasing out supplemental benefits gradually rather than shutting them off on a specific

By almost every measure, the coronavirus crisis has been devastating for working women. More women work on the front lines and are at a greater risk of contracting Covid-19, putting themselves and their families in jeopardy. They have reported increased anxiety and stress as a direct result of new work routines and concerns about job

US President Joe Biden participates in a CNN town hall at the Pabst Theater in Milwaukee, Wisconsin, February 16, 2021. SAUL LOEB | AFP | Getty Images “We need student loan forgiveness beyond the potential $10,000 your administration has proposed,” Jocelyn Fish, a marketing director for a community theater, told President Joe Biden at CNN’s

Urbazon | E+ | Getty Images There is a lot to deal with when a loved one passes away. On top of the emotional aspect of handling death, there is the financial stuff — which would include any Social Security benefits the deceased was receiving. You may wonder how the government knows to stop sending

PeopleImages You might want to buckle up for this tax season. Whether due to pandemic-related relief, remote work or no work, individuals may find that preparing their 2020 taxes is a bigger challenge than usual. “I think it’s going to be much more complicated,” said Julio Gonzalez, CEO of Engineered Tax Services. This year, the

The beaches in Cancun, Mexico, have been crowded despite the Covid-19 epidemic . Barcroft Media | Barcroft Media | Getty Images Even Sen. Ted Cruz admits his decision to vacation in sunny Cancun, Mexico, this week while his home state of Texas was suffering record cold and massive power outages was “obviously a mistake,” as

Sarah Casillas | DigitalVision | Getty Images A new coronavirus relief bill could give millions of Americans $1,400 stimulus checks. Congress is poised to pass the legislation in March, at which point individuals and families could see the money in the following days or weeks. But as negotiations continue, one argument has surfaced: Is the

Luc MacGregor | Bloomberg | Getty Images Bitcoin has had blockbuster growth in the last decade, skyrocketing in price and even gaining the support of big banks. Yet for many retail investors, it can be a complicated investment – it’s historically expensive, volatile, can’t be purchased through a brokerage account and isn’t backed by a

As vaccine distribution slowly gains steam, employers are starting to plan a return to normal — and the office — just as many workers are settling in at home. Vaccinated or not, more than half of employees said that, given the option, they would want to keep working from home even after the pandemic abates,