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Personal Finance

Stories related to personal finance.

Social Security benefits could not keep up with inflation in 2022: The Senior Citizens League

Social Security benefits could not keep up with inflation in 2022: The Senior Citizens League

Social Security benefits could not keep up with inflation in 2022, according to a report by The Senior Citizens League.

January 24, 2023 7:37pm EST
Best place to retire? This state just beat Florida, according to a new study

Best place to retire? This state just beat Florida, according to a new study

WalletHub compared the 50 states across 47 key indicators of retirement-friendliness including affordability, health-related factors and overall quality of life.

January 23, 2023 7:02pm EST
Today’s mortgage rates: Look to 15-year rates for maximum savings | Jan. 23, 2023

Today’s mortgage rates: Look to 15-year rates for maximum savings | Jan. 23, 2023

Check out the mortgage rates for Jan. 23, 2023, which are up from last Friday.

January 23, 2023 12:57pm EST
Still time to save: Thirty-year mortgage rates hold steady for third straight day | Jan. 20, 2023

Still time to save: Thirty-year mortgage rates hold steady for third straight day | Jan. 20, 2023

Check out the mortgage rates for Jan. 20, 2023, which are largely unchanged from yesterday.

January 20, 2023 5:24pm EST
Mortgage rates drop to the lowest level since September: Freddie Mac

Mortgage rates drop to the lowest level since September: Freddie Mac

The average rate for a 30-year fixed-rate mortgage fell to 6.15% for the week ending Jan. 19, according to Freddie Mac's Primary Mortgage Market Survey.

January 20, 2023 11:34am EST
Secure 2.0 Act: Required minimum distribution age increases for IRAs

Secure 2.0 Act: Required minimum distribution age increases for IRAs

The required minimum distribution age (RMD) has increased from 72 to 73, meaning Americans can leave their investments in longer before needing to make withdrawals. Here’s what you need to know.

January 19, 2023 11:37am EST
Today’s 20-year mortgage rates continue to offer best money-saving opportunity | Jan. 19, 2023

Today’s 20-year mortgage rates continue to offer best money-saving opportunity | Jan. 19, 2023

Check out the mortgage rates for Jan. 19, 2023, which are largely unchanged from yesterday.

January 19, 2023 10:29am EST
Gas prices rise in tandem with oil even as demand drops: AAA

Gas prices rise in tandem with oil even as demand drops: AAA

The national average cost for a gallon of gas rose to $3.32, four cents more than last week and 17 cents more than a month ago.

January 18, 2023 3:57pm EST
Good news: Today’s mortgage rates fall across all terms | Jan. 18, 2023

Good news: Today’s mortgage rates fall across all terms | Jan. 18, 2023

Check out the mortgage rates for Jan. 18, 2023, which are trending down from yesterday.

January 18, 2023 1:12pm EST
IRS ends COVID-19 tax credits: Here's what you need to know before filing in 2023

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.

January 18, 2023 11:06am EST
Decade-high credit card, personal loan delinquency rates coming in 2023: TransUnion

Decade-high credit card, personal loan delinquency rates coming in 2023: TransUnion

TransUnion forecasted serious credit card and personal loan delinquencies will rise end of 2023. Here's how you can pay down debt.

January 17, 2023 7:00pm EST
Social Security benefits can be taken to pay student loans in default

Social Security benefits can be taken to pay student loans in default

Up to 15% of a person’s Social Security benefits can be garnished to pay student loans in default.

January 17, 2023 3:34pm EST
Today’s best mortgage deal? Look to 15-year rates for greater interest savings | Jan. 17, 2023

Today’s best mortgage deal? Look to 15-year rates for greater interest savings | Jan. 17, 2023

Check out the mortgage rates for Jan. 17, 2023, which are up from last Friday.

January 17, 2023 3:19pm EST
Inflation drops in December – will the Fed slow interest rate hikes in 2023?

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.

January 13, 2023 11:32am EST
Today’s 20-year mortgage rates remain best opportunity for interest savings | Jan. 13, 2023

Today’s 20-year mortgage rates remain best opportunity for interest savings | Jan. 13, 2023

Check out the mortgage rates for Jan. 13, 2023, which are up from yesterday.

January 13, 2023 11:20am EST
Biden proposes new student loan repayment plan: Here’s how much borrowers will save

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.

January 12, 2023 5:08pm EST
Today’s best mortgage deal? 20-year rates are the lowest available at 6 percent | Jan. 12, 2023

Today’s best mortgage deal? 20-year rates are the lowest available at 6 percent | Jan. 12, 2023

Check out the mortgage rates for Jan. 12, 2023, which are down from Tuesday.

January 12, 2023 4:41pm EST
10-year fixed private student loan rates fall to lowest levels in five weeks

10-year fixed private student loan rates fall to lowest levels in five weeks

The latest private student loan interest rates from the Credible marketplace, updated weekly.

January 11, 2023 3:23pm EST
Secure 2.0 Act helps savers nearing retirement boost catch-up contributions

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.

January 11, 2023 12:45pm EST
Good news: Today’s 30-year mortgage rates dive below 7 percent | Jan. 10, 2023

Good news: Today’s 30-year mortgage rates dive below 7 percent | Jan. 10, 2023

Check out the mortgage rates for Jan. 10, 2023, which are down from last Friday.

January 10, 2023 1:21pm EST
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