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.
IRS announces changes impacting catch-up contributions
Eligible Americans saving for retirement can continue catch-up contributions on a pretax basis through 2025.
Eligible Americans saving for retirement can continue catch-up contributions on a pretax basis through 2025.
These states will get a bigger slice of Biden's $39 billion student loan forgiveness pie
Borrowers in states with the highest borrowing rates are set to get the biggest share of Biden's student loan forgiveness under the new income-driven repayment plans.
Borrowers in states with the highest borrowing rates are set to get the biggest share of Biden's student loan forgiveness under the new income-driven repayment plans.
Gas prices drop ahead of Labor Day weekend: AAA
The average price of gas dropped this week as oil prices follow a downward trend, according to AAA. Motorists may see some pressure at the pump as they get closer to Labor Day weekend.
The average price of gas dropped this week as oil prices follow a downward trend, according to AAA. Motorists may see some pressure at the pump as they get closer to Labor Day weekend.
Credit card users with the highest balances live in these states: survey
Subprime accounts made up a growing number of new accounts opened in the third quarter of 2022, according to a recent Scholaroo survey.
Subprime accounts made up a growing number of new accounts opened in the third quarter of 2022, according to a recent Scholaroo survey.
Personal loan interest rates continue to edge up for all terms
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Can the Federal Reserve keep raising interest rates?
After a year of rising interest rates, the Federal Reserve is expected to change course at its next meeting.
After a year of rising interest rates, the Federal Reserve is expected to change course at its next meeting.
Gen Xers face alarming retirement shortfall, study says
The typical Gen X household has saved less than what is needed to finance a secure retirement, according to a study from the National Institute on Retirement Savings.
The typical Gen X household has saved less than what is needed to finance a secure retirement, according to a study from the National Institute on Retirement Savings.
Gas prices fire up as summer draws to a close: AAA
The national average price for a gallon of gas increased this week despite a decrease in oil prices, AAA reported. But severe weather could have a major impact on gas prices in the weeks to come.
The national average price for a gallon of gas increased this week despite a decrease in oil prices, AAA reported. But severe weather could have a major impact on gas prices in the weeks to come.
Is not having a 401(k) as a benefit becoming a deal breaker for new hires?
A 401(k) is usually workers’ first experience with investing, expert says
A 401(k) is usually workers’ first experience with investing, expert says
Student loans: More than half of borrowers say they may miss a payment
Many student loan borrowers are worried they'll miss at least one payment when repayment begins, according to a survey by Morning Consult. But the Biden administration announced new student loan relief initiatives after the Supreme Court shut down its student loan forgiveness plan.
Many student loan borrowers are worried they'll miss at least one payment when repayment begins, according to a survey by Morning Consult. But the Biden administration announced new student loan relief initiatives after the Supreme Court shut down its student loan forgiveness plan.
Retirement account balances rise despite economic turmoil: Fidelity
401(k), IRA and 403(b) plan balances increased for the second straight quarter in Q1 2023, Fidelity Investments reported.
401(k), IRA and 403(b) plan balances increased for the second straight quarter in Q1 2023, Fidelity Investments reported.
Loan delinquencies could be early sign of economic trouble: report
The troubling rise in delinquency comes amid heightened fears over a recession, with higher rates and increased price of goods putting strain on household budgets across the country.
The troubling rise in delinquency comes amid heightened fears over a recession, with higher rates and increased price of goods putting strain on household budgets across the country.
Student loan scam attempts likely to rise after SCOTUS decision: FTC
Scammers are likely to start contacting borrowers, promising to help them repay their loans after SCOTUS struck down Biden’s student loan forgiveness plan, the FTC said. Here's how borrowers can protect themselves.
Scammers are likely to start contacting borrowers, promising to help them repay their loans after SCOTUS struck down Biden’s student loan forgiveness plan, the FTC said. Here's how borrowers can protect themselves.
Student loan borrowers not ready to resume payments, unaware of options: survey
More than half of student loan borrowers said they don't feel financially ready to resume payments in 2023, even as the pause ends, according to the College Investor survey.
More than half of student loan borrowers said they don't feel financially ready to resume payments in 2023, even as the pause ends, according to the College Investor survey.
Biden announces new student loan forgiveness plan for borrowers making less than 125K
Under the Higher Education Act, the Biden administration is taking another shot at student loan forgiveness after SCOTUS struck down its plans.
Under the Higher Education Act, the Biden administration is taking another shot at student loan forgiveness after SCOTUS struck down its plans.
Biden administration announces SAVE plan after SCOTUS student loan decision
The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.
The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.