Personal finance

Sergey Mironov | Moment | Getty Images If you had a surprise tax bill this season or your refund was smaller than expected, it may be a good time to review your paycheck withholdings. The IRS collects taxes throughout the year, typically through paycheck withholdings for W-2 employees or quarterly estimated tax payments for self-employed

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT D3sign | Moment | Getty Images The returns savers stand to get on their money are the highest they’ve been in 15 years, thanks in part to stubborn inflation, which pushed the Federal Reserve into hiking interest rates over the past year. Top-yielding online savings account rates are

The outlook for newly minted graduates doesn’t look as good as it once did. Employers plan to hire about 4% more new college graduates from this year’s class than they hired from the Class of 2022, according to a report from the National Association of Colleges and Employers. However, that’s down significantly from earlier projections:

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Sdi Productions | E+ | Getty Images As a pandemic-era policy winds down, millions of people on Medicaid may lose their coverage — even though they remain eligible, advocates say. For the last three years, due to the Families First Coronavirus Response Act, states have been

Students have just a few weeks to figure out which college they will attend ahead of National College Decision Day on May 1, which is the deadline many schools set. But with a record-breaking increase in applications pushing acceptance rates to all-time lows, some college-bound seniors may have a tough decision to make, or pivot to

Uwe Krejci | Digitalvision | Getty Images The number of new electric vehicles eligible for a $7,500 federal tax credit fell by almost half on Tuesday, as new rules issued by the U.S. Department of the Treasury took effect. However, consumers in the market for an electric passenger vehicle can still access a tax break

Getty Images The federal tax deadline for most Americans is April 18, and there’s still time to file for an extension. But the clock is ticking.   As of April 7, the IRS received more than 101 million returns, but the agency expects to receive in excess of 168 million through the end of the

The U.S. government wastes billions of taxpayer dollars every year. Improper payments, which refer to payments that are made incorrectly by the government, cost the U.S. $247 billion in 2022, according to the Government Accountability Office. The U.S. government has lost almost $2.4 trillion in simple payment errors over the last two decades, by GAO

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT A person walks out of the Apple Store in Annapolis, Maryland, on February 2, 2023. Jim Watson | AFP | Getty Images As the Federal Reserve continues to hike interest rates, some online banks have been jockeying to offer the highest yields on savings. Now,

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