Personal finance

ozgurcankaya If you’re scrambling to file your taxes, it’s easy to miss another key deadline on April 18: the due date for 2023 first-quarter estimated tax payments. Income taxes are pay-as-you-go, meaning you must remit taxes throughout the year. While employees contribute through paycheck withholdings, others must pay the IRS quarterly.  The first estimated tax deadline

Fertnig | E+ | Getty Images Negative headlines about Social Security’s future may be affecting how prepared people feel when it comes to their own retirement. Almost three-quarters, 74%, of people say they cannot count on Social Security benefits when it comes to the money they will have in retirement, according to a new survey

Collectively, Americans owe more on credit cards than ever before. And they’re paying a higher price for it, as well. The average annual interest rate for credit cards is now near 21%, according to data from the Federal Reserve — marking the highest rate since the Fed began tracking this figure nearly three decades ago.

Steven Heap/EyeEm/Getty Images If you don’t file your taxes, you may be leaving money on the table — and there’s a free option to make the process easier. Generally, you’re not required to file a federal tax return if your gross income is below the standard deduction, which is $12,950 for single filers and $25,900

Zamrznutitonovi | Istock | Getty Images New government inflation data shows inflation is cooling — and that could point to a lower cost-of-living adjustment, or COLA, for Social Security beneficiaries next year. The Consumer Price Index for all Urban Consumers, or CPI-U, rose 5% from a year ago and 0.1% in March, according to data

More women are becoming breadwinners, but the division of labor at home has barely budged, a new report found. Although men still out-earn women in most households, the share of women who earn as much as or significantly more than their husband has roughly tripled over the last half-century, according to a new Pew Research Center

Sdi Productions | E+ | Getty Images After a federal judge in Texas struck down a key provision of the Affordable Care Act last month, some health insurance plans may soon scale back their preventive care coverage, experts say. U.S. District Judge Reed O’Connor ruled in late March that one of the three panels of

South_agency | E+ | Getty Images Inflation continued to retreat in March as energy prices pulled back from a year ago, when they began to spike due to Russia’s invasion of Ukraine. But swings in gasoline and other energy mask price pressures that, while easing, remain under the surface, economists said. “It’s improving and the economy

Miniseries | E+ | Getty Images Egg prices fell by almost 11% in March, the U.S. Bureau of Labor Statistics said Wednesday, following a 7% decline in February and delivering relief from record-high prices over the winter. The decrease is largely due to a recovery in egg production and weaker consumer demand, said Brian Moscogiuri,

mediaphotos | E+ | Getty Images Most Americans will use their tax refund to bolster their finances amid economic uncertainty, stock market volatility and lingering inflation.   More than one-third of Americans are saving their tax refund this season and 44% have earmarked the funds to pay off debt or bills, according to the CNBC

The Social Security Administration office in Brownsville, Texas. Robert Daemmrich Photography Inc | Corbis Historical | Getty Images Social Security beneficiaries who call the agency’s toll-free number may face hold times of more than 30 minutes. Long lines and shortened hours are common at many of the agency’s field offices where beneficiaries may seek in-person

Many people may have heard about the various so-called attachment styles psychologists and sociologists say we display in our closest relationships, such as “anxious attachment” or “avoidant attachment.” It turns out we also tend to follow certain patterns when it comes to our relationship with money, said Brad Klontz, a Boulder, Colorado-based psychologist and certified

Between higher costs and a possible recession on the horizon, families feel increasingly strained financially.   More than half, or 58%, of all Americans are now living paycheck to paycheck, according to the CNBC Your Money Financial Confidence Survey, conducted in partnership with Momentive.  And even more — roughly 70% — said they feel stressed

Jackyenjoyphotography | Moment | Getty Images It may soon be tougher for consumers to get a $7,500 federal tax credit when buying a new electric vehicle, due to U.S. Department of the Treasury rules set to take effect in about a week. But there’s good news for prospective buyers: Those willing to buy a used

Liubomyr Vorona | Istock | Getty Images The Biden administration’s sweeping plan to cancel up to $20,000 in student debt for tens of millions of Americans may have an unintended, though hopefully temporary, consequence for some people, experts say. “For many borrowers, it will cause their credit scores to drop,” said higher education expert Mark

Gabriel Quezada, 17, is a senior at Early College High School in Costa Mesa, California. Gabriel Quezada As college costs soar and enrollment falters, there’s an alternative to a pricey four-year degree that’s been largely under the radar, until recently. But Gabriel Quezada, 17, was reluctant to try it. His father, Humberto Quezada, said he

Drakula & Co. | Moment | Getty Images Tax season can be stressful. Whether you filed early or you’re racing to meet the April 18 deadline, there are things to know to make the process easier. As of March 24, the IRS has processed more than 80 million returns and issued more than 59 million

Carlos Barquero | Moment | Getty Images Stock market volatility and talk about a possible recession may have people anxious about investing. However, that shouldn’t dissuade anyone from trying to build wealth, whether you are just starting out in your career, are middle-aged or are nearing retirement. “We can’t predict the future, but by thoughtful

IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters The IRS on Thursday released a plan for the nearly $80 billion in agency funding enacted through the Inflation Reduction Act in August — including expected boosts for customer service, technology and enforcement. “Now that we

In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT A prospective home buyer is shown a home by a real estate agent in Coral Gables, Florida. Joe Raedle | Getty Images Today’s home sellers may be able to command higher prices due to recent increases. Certain luxury features may help sell your home for