10’000 Hours | DigitalVision | Getty Images This fall, when employees sign up for next year’s workplace benefits, they should take a close look at the offerings. Odds are they’ll be changing in 2021. The coronavirus pandemic was hard on employers and workers, forcing them to adapt on the fly amid social distancing and efforts
Personal finance
Even as consumer spending slowed amid the coronavirus crisis, e-commerce sales have soared — and are about to go even higher, thanks to Amazon. Prime Day, which was originally slated for July but postponed due to the pandemic, starts at midnight PT (3 a.m. ET) on Tuesday, Oct. 13 and runs through Wednesday, Oct. 14. Over the course of
It’s that time of year again — open enrollment season is approaching, giving many Americans an opportunity to sit down and go over their employer-sponsored workplace benefits for next year. This year, amid the coronavirus pandemic, more than 70% of employees plan to spend more time reviewing voluntary benefit options offered by their employer, according
Millions of Americans are hoping another $1,200 stimulus check will make it to their bank accounts. Whether that happens or not depends on Congress. Republicans, Democrats and the White House still have not been able to strike a compromise on how much to spend and where to provide aid for the next coronavirus stimulus package.
President Franklin D. Roosevelt signs the Social Security Act into law on Aug. 14, 1935. FPG | Archive Photos | Getty Images Many people think of Social Security as the program their parents and grandparents rely on for financial support in retirement. For James Roosevelt, Jr., it has a special significance. His grandfather created it.
Democratic vice presidential nominee Senator Kamala Harris speaks during the vice presidential campaign debate with U.S. Vice President Mike Pence held on the campus of the University of Utah in Salt Lake City, Utah, October 7, 2020. Lucy Nicholson | Reuters During the vice presidential debate on Wednesday night, Sen. Kamala Harris, D-Calif., had a
James M. Dahle, MD, founder of The White Coat Investor. James M Dahle, MD It has been recognized for years that our health can be affected by our wealth, or lack thereof. Stress is a major contributor to both mental and physical health, and financial issues are one of the biggest stressors around. In my
Online shopping is surging in the pandemic. martin-dm | E+ | Getty Images The other night, I was feeling a little more tired and burned out than usual. I smelled the candle on my desk to see if I could pick up its scent. What if I was coming down with Covid-19? I got a
Remote schooling remains a struggle for many families. Yet there is still a real risk in returning to the classroom. As of a recent tally, 87% of institutions have combined in-person and virtual learning in response to the public health crisis, according to a report by the Institute of International Education that was based on data collected
miodrag ignjatovic Taking steps to sort out your finances, including increasing your financial knowledge, can help alleviate money stress in times of uncertainty. Financial stress is nothing new for many Americans, and the coronavirus pandemic has exacerbated anxiety for a lot of people. As many as 84% said in September that the Covid-19 crisis is
U.S. President Donald Trump waves upon return to the White House from Walter Reed National Military Medical Center on October 05, 2020 in Washington, DC. Win McNamee | Getty Images News | Getty Images Millions of Americans have been waiting for Congress to pass another stimulus package that would deliver them financial relief during one
Democratic presidential nominee and former vice president Joe Biden speaks at a campaign stop in Miami on Oct. 5, 2020. Roberto Schmidt | AFP | Getty Images Taxes could rise for the wealthiest households in a Joe Biden presidency. However, you might want to think twice before making any dramatic moves. Indeed, Biden’s tax plan
Susan G. Komen’s More Than Pink Walk in Atlanta in 2018 Source: Susan G. Komen Breast Cancer Awareness Month is usually marked by galas, walks and other fundraising events. This year, it’s eerily silent. The coronavirus pandemic has pushed those events online, or caused them to be cancelled. The impact could be devastating for nonprofits
Audience members listen as Democratic presidential nominee and former vice president Joe Biden participates in a CNN town hall event on Sept. 17, 2020 in Moosic, Pennsylvania. Drew Angerer | Getty Images Expanding the child tax credit Currently, families with qualifying children under age 17 may be eligible to claim a child tax credit of
The beginning of 2020 created a unique moment for retail trading: Increased market volatility, stay-at-home orders, and zero commission fees across all trading platforms created a surge in activity and an increase in first-time traders. These first-time traders, many in their 20s and 30s, found the stock market accessible. High prices had kept many on
U.S. President Donald Trump walks to Marine One on the South Lawn of the White House on October 1, 2020 in Washington, DC. Drew Angerer | Getty Images It appears unemployed workers won’t get another boost in their weekly benefits any time soon, after President Donald Trump pulled officials out of negotiations on a fifth
“When student loan payments become mandatory again,that’s a scary thought,” said Cecilia Sena, 22. Source: Cecilia Sena In March, as it rapidly became clear that the coronavirus pandemic would upend our lives, the U.S. Department of Education offered student loan borrowers a break from their monthly payments. They accepted. Less than 11% of people with federal student loans are repaying them during the pandemic,
miodrag ignjatovic The recent disappearance of a financial advisor — and possibly client money — may serve as a cautionary tale for investors. Christopher Burns, owner of Dynamic Money in Atlanta, was reported missing by his wife on Sept. 25 after she couldn’t reach him, according to a Gwinnett County, Georgia, police report. His wife
David Rea, president of No. 1-rated financial advisor firm Salem Investment Counselors, said that, despite the pandemic, the firm’s “ability to manage stocks and bonds and to communicate with our clients is unchanged.” Salem Investment Counselors Stock prices are “OK” — neither cheap nor pricy — given prevailing interest rates and other factors like federal stimulus money
Finding the right financial advisor to help with your financial needs and goals can be complicated. There are so many things to consider. Many advisors use a big assets-under-management figure as a selling-point when marketing themselves to investors. However, AUM isn’t the whole story when a potential client is determining which firm is right for