Student loan repayment may force some to take on more debt: survey
Many student loan borrowers are anxious that they won't be able to meet their payment obligations once repayments resume in October, according to a recent survey by Achieve.
Many student loan borrowers are anxious that they won't be able to meet their payment obligations once repayments resume in October, according to a recent survey by Achieve.
Social Security payments could rise 3.2 percent in 2024
The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.
The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.
Here's how much it costs to raise a child in your state
Data shows the average annual cost to raise a child rose nearly 20% between 2016 and 2021.
Data shows the average annual cost to raise a child rose nearly 20% between 2016 and 2021.
Data reveals states with the highest credit card debt
Credit card debt topped $1 trillion nationwide.
Credit card debt topped $1 trillion nationwide.
Map: Here's the minimum annual income required to be middle class in each state
Inflation has surged in the past few years, peaking at 9% in June 2022. That means some families who were middle class in 2020 may no longer be in that category.
Inflation has surged in the past few years, peaking at 9% in June 2022. That means some families who were middle class in 2020 may no longer be in that category.
Medicare Part D drug prices increase more than 200 percent on average: AARP
The average price of 25 prescription brand name drugs with the highest Medicare D spending increased by 226%, AARP reported. But provisions in the Inflation Reduction Act aim to lower the costs of Medicare coverage for retirees.
The average price of 25 prescription brand name drugs with the highest Medicare D spending increased by 226%, AARP reported. But provisions in the Inflation Reduction Act aim to lower the costs of Medicare coverage for retirees.
Here's how to lower your monthly student loan payments
There are many ways to lower student loan payments or get forgiveness. These include the Saving on A Valuable Education (SAVE) plan, income-driven repayment (IDR) plans, public service loan forgiveness (PSLF) and more.
There are many ways to lower student loan payments or get forgiveness. These include the Saving on A Valuable Education (SAVE) plan, income-driven repayment (IDR) plans, public service loan forgiveness (PSLF) and more.
Intuit fires back at FTC judge who said company used 'deceptive advertising' for TurboTax
A Federal Trade Commission judge ruled against Intuit on Friday, finding the company engaged in deceptive advertising by offering customers "free" tax preparation with TurboTax.
A Federal Trade Commission judge ruled against Intuit on Friday, finding the company engaged in deceptive advertising by offering customers "free" tax preparation with TurboTax.
Shopping on an impulse is derailing American budgets – here's how to take control
Almost 56% of U.S. consumers said they had a spending plan, but 49% said that impulse purchases had caused financial stress, according to the survey by You Need a Budget.
Almost 56% of U.S. consumers said they had a spending plan, but 49% said that impulse purchases had caused financial stress, according to the survey by You Need a Budget.
Gen Zers credit card balances grow the fastest: TransUnion
Overall card balance surged to a record high of $963 billion in the second quarter — Gen Zers debt represented the most significant share of this growth, according to TransUnion.
Overall card balance surged to a record high of $963 billion in the second quarter — Gen Zers debt represented the most significant share of this growth, according to TransUnion.
IRS plans to crack down on 1,600 millionaires to collect millions of dollars in past due taxes
IRS Commissioner Daniel Werfel said the agency has new means of targeting wealthy people who have “cut corners” on their taxes.
IRS Commissioner Daniel Werfel said the agency has new means of targeting wealthy people who have “cut corners” on their taxes.
Over 4 million student borrowers enroll in Biden’s SAVE forgiveness plan
The Department of Education said it had received nearly 4 million applications for a new income-driven repayment program since launching at the end of July.
The Department of Education said it had received nearly 4 million applications for a new income-driven repayment program since launching at the end of July.
Here is how you can avoid a tax refund shock next year
Next year’s tax refund shouldn’t be a shock to Americans if they take stock of their income taxes mid-year, according to Jackson Hewitt.
Next year’s tax refund shouldn’t be a shock to Americans if they take stock of their income taxes mid-year, according to Jackson Hewitt.
Back-to-school shopping expenses to reach record high: survey
Back-to-school spending in 2023 could reach a record high of more than $40 billion, largely due to demand in electronics, a survey reported. At the same time, Americans continue dealing with high inflation.
Back-to-school spending in 2023 could reach a record high of more than $40 billion, largely due to demand in electronics, a survey reported. At the same time, Americans continue dealing with high inflation.
Student loan woes: Repayments set to begin as pandemic-era pause expires
For years, people with student loans benefited from a Federally-ordered pause of payments. However, payments are set to start soon, and that means an additional financial burden for some.
For years, people with student loans benefited from a Federally-ordered pause of payments. However, payments are set to start soon, and that means an additional financial burden for some.
Nightly Roundup: Boy mauled by pitbull; family mourns drive-by shooting victim
From a boy who was mauled by a family friend's pitbull dog, to learning more about the money you need to retire for the lifestyle you're hoping for, here's a look at some of our top stories tonight.
From a boy who was mauled by a family friend's pitbull dog, to learning more about the money you need to retire for the lifestyle you're hoping for, here's a look at some of our top stories tonight.
Fidelity reveals how much money you need to retire for the lifestyle 'you're hoping for'
Fidelity gives guidance to 'encourage people to save for retirement.'
Fidelity gives guidance to 'encourage people to save for retirement.'
More than half of Americans live paycheck to paycheck, survey says
Gen Z consumers who were living paycheck to paycheck cited nonessential spending as a reason behind their financial hardships.
Gen Z consumers who were living paycheck to paycheck cited nonessential spending as a reason behind their financial hardships.
GDP growth for Q2 dips on second estimate
Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.
Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.
Americans consider using credit cards to afford student loan payments: survey
Many Americans who used the pause on student loan payments to reduce debt may now have to reverse course, according to a recent Empower survey.
Many Americans who used the pause on student loan payments to reduce debt may now have to reverse course, according to a recent Empower survey.