IRS increases 401(k), other 2025 retirement plan contribution limits
The IRS released its updated contribution limits and adjustments to eligibility thresholds for 401(k) plans, IRAs and other retirement plans to account for inflation.
The IRS released its updated contribution limits and adjustments to eligibility thresholds for 401(k) plans, IRAs and other retirement plans to account for inflation.
Mom charges family for Christmas dinner and more: 'It's so expensive'
A mother said she's hosting Christmas dinner once again this year – and this time she's charging her family to attend.
A mother said she's hosting Christmas dinner once again this year – and this time she's charging her family to attend.
Top holiday scams to be on the lookout for
Protect yourself from holiday scams with these tips to stay safe while shopping and donating this season.
Protect yourself from holiday scams with these tips to stay safe while shopping and donating this season.
Target quarterly results fall as holiday discounts and dockworker strike hit profits
Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.
Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.
Social Security Fairness Act: Bill to raise benefits for some passes House
A Social Security-related bill with bipartisan support would expand benefits for workers who are also eligible for other pensions.
A Social Security-related bill with bipartisan support would expand benefits for workers who are also eligible for other pensions.
Social Security: Here's how far the average check goes in 50 largest US cities, according to study
Millions of Americans receive Social Security benefits and depending on where you live, the check might stretch a little more for expenses based on findings from a recent study.
Millions of Americans receive Social Security benefits and depending on where you live, the check might stretch a little more for expenses based on findings from a recent study.
Social Security: It'll be harder to qualify for retirement benefits starting in 2025 — what to know
It will become slightly harder to qualify for Social Security benefits in retirement next year amid a change related to the value of a work "credit."
It will become slightly harder to qualify for Social Security benefits in retirement next year amid a change related to the value of a work "credit."
Will the Fed's rate cut bring down mortgage rates?
While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.
While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.
Here are the states where student loan delinquency is increasing the most
With student loan payments having resumed over the past year, many people have struggled to keep up.
With student loan payments having resumed over the past year, many people have struggled to keep up.
Inflation continues to cool, latest numbers show
The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.
The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.
Kroger, other retailers charging fees for 'cash back' at registers
A recent report finds that some big retailers are levying fees on consumers who are asking for cash back during transactions at stores.
A recent report finds that some big retailers are levying fees on consumers who are asking for cash back during transactions at stores.
Gen Z cynical about future as majority call cost of living the number one election issue
Gen Z young adults are "struggling to remain optimistic" about their economic futures, a new report says, as rising costs of living and unaffordable housing prices make them re-evaluate their dreams.
Gen Z young adults are "struggling to remain optimistic" about their economic futures, a new report says, as rising costs of living and unaffordable housing prices make them re-evaluate their dreams.
Inflation eases in July, but these cities are dealing with the worst of it: Study
Inflation fell in July to the lowest level in more than three years.
Inflation fell in July to the lowest level in more than three years.
IRS penalties on American taxpayers surged nearly 300% last year
The IRS hit taxpayers with a record $7 billion in penalties last year.
The IRS hit taxpayers with a record $7 billion in penalties last year.
Inflation levels remain unchanged in May, brings 2 percent target into focus
Inflation remained relatively unchanged in May, according to the latest inflation report. Here's what that means for interest rates.
Inflation remained relatively unchanged in May, according to the latest inflation report. Here's what that means for interest rates.
50 percent of Americans saving for college don't know about a 529 savings plan: survey
Despite the many advantages 529 savings plans provide, many Americans are not using them as part of the education saving strategy, a recent Edward Jones survey said.
Despite the many advantages 529 savings plans provide, many Americans are not using them as part of the education saving strategy, a recent Edward Jones survey said.
Buy now, pay later products to be treated like credit cards, CFPB says
BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.
BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.
Fed holds interest rates steady, projects just one cut this year
The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.
The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.
71 percent of Americans waiting on interest rate cuts before hunting for homes: survey
Sixty-seven percent of Americans still dream of owning a home, but 71% said they are waiting for mortgage rates to drop before entering the market, according to a recent BMO Financial survey.
Sixty-seven percent of Americans still dream of owning a home, but 71% said they are waiting for mortgage rates to drop before entering the market, according to a recent BMO Financial survey.
Borrowers urged to apply for Navient's private student loan forgiveness
The Project on Predatory Student Lending (PPSL) launched a campaign to raise awareness of Navient's discharge program for certain borrowers seeking relief because their school lied to them.
The Project on Predatory Student Lending (PPSL) launched a campaign to raise awareness of Navient's discharge program for certain borrowers seeking relief because their school lied to them.