IRS ends COVID-19 tax credits: Here's what you need to know before filing in 2023

Among the several pandemic tax credits returning to 2019 levels is the Child Tax Credit. Filers will get $1,600 less in credit for 2022 for each qualifying child under age 17.

Inflation drops in December – will the Fed slow interest rate hikes in 2023?

Inflation eased in December, but interest rates are likely to increase a few more times in 2023. However, the rate of increase could slow, one Fed official says. Here's what it means for you.

Here's when you can start filing your 2022 tax return

Tax filing begins on Jan. 23, and the deadline to submit last year's tax returns, file extensions, and pay money owed falls on April 18.

Biden proposes new student loan repayment plan: Here’s how much borrowers will save

The Department of Education's new student loan repayment plan would offer $0 monthly payments for any individual borrower who makes less than roughly $30,600 annually and any borrower in a family of four who makes less than about $62,400.

Secure 2.0 Act helps savers nearing retirement boost catch-up contributions

The Secure 2.0 Act of 2022 – a follow-up to the 2019 Secure Act – allows for an increase in "catch-up" contributions for people nearing retirement.

Credit card debt carried over monthly is most common type of debt: AARP

Credit card debt is affecting many Americans as they deal with high inflation, and many are carrying their balances from month-to-month. Here’s how to pay down credit card debt quickly.

How to find dental financing when dental insurance isn't enough

Dental loans can help you pay for a procedure when the maximum benefit amount on your dental insurance isn’t enough. Learn more about dental financing here.

Biden administration unveils defense of student loan forgiveness plan at Supreme Court

The Biden administration launched its defense of its student loan forgiveness plan before the Supreme Court. Here’s how to lower your student loan monthly payments.

Personal loan origination fees: Are they worth the cost?

A personal loan origination fee is paid upfront when you take out a loan. If you’re wondering if origination fees are worth the cost, here’s what you should know.

Secure 2.0 Act will help Americans build emergency savings: Here's how

Beginning in 2024, sponsors of individual account plans can create "emergency savings accounts" that allow employees to make Roth after-tax contributions to special savings account within the retirement plan.

Paying off debt is top priority for many consumers in 2023: survey

Seventy-four percent of respondents said that cost of living increases impacted their spending decisions for 2023. However, 36% said they still planned to prioritize paying off debt.

Secure 2.0 Act: Student loan payments will count toward 401(K) matching contributions

The Secure Act 2.0 will let companies make 401(k) employer matches based on employees’ qualified student loan payments, beginning in 2024. Here’s how to pay down student loan debt quickly.

Holiday spending increased in 2022 amid high inflation

This year, holiday spending increased across online and in-store retail channels, according to a new report by Mastercard. Here’s how to pay down holiday debt quickly.