Democratic 2020 U.S. presidential candidate and former Vice President Joe Biden reacts during a campaign Community Event at Keene State College in Keene, New Hampshire, U.S., August 24, 2019. Elizabeth Frantz | REUTERS Democratic presidential candidate Joe Biden released his higher education plan on Tuesday, proposing to make two-year community colleges and other training programs
Personal finance
Hero Images | Hero Images | Getty Images If you’re still working well into your 60s, odds are you’re doing so to bolster your finances. More than 6 out of 10 people polled by Provision Living said that they’re working into retirement purely for financial reasons. The company, a provider of senior living communities, surveyed
When things go sideways, as they inevitably will, you’ll need cash. That’s what the rainy day fund — aka the emergency fund, savings pool or cash stash — is all about. Generally, the rule of thumb is three to six months’ expenses. Some experts even recommend tucking away even more. Is that even possible? Less
President Donald Trump announced that the U.S. has issued new sanctions on Iran’s central bank at the “highest level” while speaking in the Oval Office on September 20, 2019 in Washington, DC. Win McNamee | Getty Images President Donald Trump’s personal and corporate tax returns could give the public an inside look at his finances
Hero Images | Getty Images If you’re looking to get engaged, take heart: You might not have to shell out a lot for that bling. That’s according to a recent survey from TD Ameritrade, which found that the traditional rule that an engagement ring should cost three months’ salary could be going by the wayside.
Rep. Bill Pascrell, Jr., D-N.J., speaks during a House Democrats’ news conference on Wednesday, July 30, 2014. Bill Clark | CQ-Roll Call Group | Getty Images When Rep. Bill Pascrell, Jr., D-N.J., visited a senior living center in Englewood, New Jersey, last week, he had one main focus: Social Security reform. Speaking to a room
About 100,000 ex-employees of General Electric will face a choice soon: stay in the company’s pension plan or accept a lump sum and cut ties instead. Whether you count yourself among those former GE workers or are employed by another company with a similar option on the table, advisors say the decision shouldn’t be made
Emergencies occur. So, it makes sense to start putting money aside. Yet many Americans aren’t. In fact, 28% of Americans have no emergency savings, a July survey from personal financial website Bankrate.com found. “Financial emergencies will happen, it’s only a matter of when,” said Kathy Kraninger, director of the Consumer Financial Protection Bureau. More from
When something sounds too good to be true, it probably is. At odds with this old wisdom is a flood of investment information and recommendations to put your money where it supposedly will keep you safe and make you rich. Mirko Vitali / EyeEm | Getty Images The problem is, when you’re just starting out
Students arriving at school Hero Images | Getty Images Most people remember their first summer or after-school job, which provided cash to help pay for college or a car. Today, vehicles and higher education — among other expenses — cost significantly more. Yet fewer teenagers are working. The share of teens participating in the labor
Retirees will spend a significant amount of money on health care. Still, many older Americans don’t plan properly for it. A healthy male-female couple retiring at age 65 in 2019 can now expect to shell out $285,000 on health-care expenses in retirement, according to Fidelity Investments’ annual analysis. Fidelity’s analysis, which assumes the couple are
wundervisuals | E+ | Getty Images When it comes to the forecast for the markets and your investments, there’s good news and bad news. First, the bad news: The S&P 500 may not climb any higher in the last months of this year, according to Bank of America Merrill Lynch. That’s as the latest market
When it comes to college financial aid, you can’t win if you sit on the sidelines. Students need to file a Free Application for Federal Student Aid, or FAFSA, to get in the running for federal and state aid. The average cost of tuition, fees, and room and board reached $21,370 for in-state pupils a
Prospective home buyers arrive to tour a house for sale in Dunlap, Illinois, U.S., on Sunday, Aug. 19, 2018. Daniel Acker | Bloomberg | Getty Images Oliver Ellerbe thought he had found the perfect home for his aging parents. The brick house in Katy, Texas, near Houston, was just a five-minute drive from his own
Claire Rhee is a third-year student at Stanford Medicine. Source: Claire Rhee Claire Rhee describes the experience of applying for medical school as “relatively cheap.” Between the Medical College Admission Test, or MCAT; application fees at 15 different schools; and other related expenses, she and her family spent close to $9,000. And that was before
U.S. President Donald Trump holds a signed executive order during an event in The Villages, Florida, U.S., on Thursday, Oct. 3, 2019. EveEdelheit | Bloomberg | Getty Images A little-used Medicare option is getting a big push from the White House. An executive order signed on Thursday by President Donald Trump includes a call for
aldomurillo | E+ | Getty Images Congratulations! You’ve saved enough for retirement. Now what? For those fortunate enough to have accumulated a nest egg large enough to last them through their post-working years, some hard decisions can still arise. You don’t want to jeopardize your savings by keeping too much in the stock market (or
Hall of Fame running back Terrell Davis once made a huge money blunder — and he’d like others to learn from it. “The biggest money mistake I’ve made — I’ve made a lot of those, by the way — was investing in a project that didn’t exist, that never came to fruition,” said Davis, who
Kevan Earl, 54, has lived in the United Kingdom for the last 53 years. He was born in Nashville, Tennessee, making him an “accidental American.” Kevan Earl Kevan Earl of Manchester, England, may not feel like he is an American. The IRS would say otherwise. The 54-year-old was born in Nashville, Tennessee, to British parents.
Hero Images | Getty Images For people turning 65 next year, the lineup of Medicare supplemental insurance policies — aka, Medigap plans — will look somewhat different. While the options will remain the same for people who turn 65 before Jan. 1, those who hit that Medicare-eligible age after this year will have fewer choices.