Personal finance

In this article NAVI jetcityimage There was a great deal of interest in the recent news that Navient, one of the largest student loan servicers, would be canceling the debt of 66,000 borrowers. The main question people had: Am I one of them? Probably not, is the short answer. Just around 0.15% of the country’s

U.S. President Joe Biden delivers remarks alongside Intel CEO Patrick Gelsinger (L) and Commerce Secretary Gina Raimondo as he speaks about the ongoing supply chain problems in the South Court Auditorium of the Eisenhower Executive Office Building on January 21, 2022 in Washington, DC. Chip Somodevilla | Getty Images Some federal employees just got a

Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images Some House Democrats have threatened to block Build Back Better legislation if the broken-up package drops relief for the $10,000 limit on the

Anchiy | E+ | Getty Images For investors whose retirement is decades away, the stock market’s pullback should be of little concern — there’s plenty of time for your portfolio to recover before you need the money. Yet if you are a new retiree or on the verge of retiring, it’s worth considering what a

U.S. President Joe Biden holds a formal news conference in the East Room of the White House, in Washington, D.C., January 19, 2022. Kevin Lamarque | Reuters Important pieces of President Joe Biden’s Build Back Better agenda may have to come out of the bill. Children and college students will pay the price. “There’s two

Tetra Images | Tetra images | Getty Images This tax-filing season is expected to be difficult, as the IRS works through millions of unprocessed returns, according to a report from the National Taxpayer Advocate. An error-free return may avoid delays, and IRS transcripts can help, tax experts say. While most who file electronically and use direct deposit will

A job seeker receives information from a recruiter during a job fair in Miami, Florida, on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images The number of people filing for unemployment benefits jumped last week to the highest level since October, the Labor Department said Thursday. That may signal a troubling rebound, after claims

Carlina Teteris | Moment | Getty Images If you’re a 401(k) plan saver, odds are you are getting a “match” from your employer. But there’s a catch — that free money may not belong to you yet. About 98% of companies that offer a 401(k) plan make regular contributions to workers’ retirement savings, according to

Oscar Wong | Moment | Getty Images The stock market’s newest investors appear to like what they’ve seen so far. Among individuals who began investing last year, 86% plan to increase their stock holdings in 2022, according to a recent survey from Investing.com. This is despite fewer of them (67%) making a profit in 2021

JGI/Jamie Grill | Tetra images | Getty Images Most Americans are still struggling to build solid savings accounts nearly two years into the coronavirus pandemic. Some 56% of Americans are unable to cover an unexpected $1,000 bill with savings, according to a telephone survey of more than 1,000 adults conducted in early January by Bankrate.

Margaret Bailey, pictured with her son, works hybrid, spending some time at home and some time in the office. Source: Margaret Bailey The ability to work remotely has been a lifeline for Margaret Bailey during the Covid-19 pandemic. Bailey, the mother of two young children, splits her time between home and the office as vice

freemixer | E+ | Getty Images If you’re like most Americans, you do not have a formal plan for what will happen to your assets when you die. Just 46% of Americans have made provisions for how their money and estate should be handled, a 2021 Gallup poll found. Those results have been more or

Getty Images Millions of Americans are taking a step back and rethinking their work lives amid the “Great Resignation” and ongoing coronavirus pandemic. A record 4.5 million people quit their jobs In November, according to data from the U.S. Department of Labor, continuing a trend of workers leaving employers in droves. Some of those workers

MoMo Productions | DigitalVision | Getty Images If you bought or “exercised” company stock options in 2021, you need to watch for tax pitfalls when filing, according to financial experts.  A stock option is the chance to buy stock in the company that employs you at a specific price, with profit potential if the value

The Dyrt co-founders Kevin Long and Sarah Smith work out of their camper van while traveling around the country. The Dyrt Sarah Smith and Kevin Long have taken remote work to a new level. Their office is a camper van. The location varies. The married couple, co-founders of camping app The Dyrt, ditched their Portland,

This image provided by Jeopardy Productions, Inc. shows game show champion Amy Schneider on the set of “Jeopardy!” Schneider is the first trans person to qualify for the show’s Tournament of Champions. Jeopardy Productions | AP Amy Schneider has been on a “Jeopardy!” roll. The Oakland, California-based software engineering manager recently surpassed $1.1 million in

miodrag ignjatovic | E+ | Getty Images It’s not just retirees who need to think about Medicare. Anyone who plans to keep working when they reach the eligibility age of 65 should evaluate how — or if — Medicare will fit into their health-care coverage. The program’s general rule is that unless you meet an

FluxFactory As you approach retirement, you may find that your ideal life no longer includes your current spouse. You’re not alone. According to the U.S. Census Bureau, the percentage of people who have been divorced is highest among those ages 55 to 64. Even though you may want to end your marriage, there may be

In this article TROW Geber86 | E+ | Getty Images Saving for retirement can seem like a far-off goal when other priorities — from day-to-day expenses to managing debts — feel more urgent. But if you don’t consistently put money aside toward your so-called golden years, you could fall behind. There’s a $4 trillion difference

Aerial view of Manhattan and Hudson River in New York Karel Stipek | iStock | Getty Images Throughout most of the pandemic, New Yorkers have been shielded from eviction thanks to a statewide moratorium on the proceedings. That protection will come to an end on Saturday, and tenant advocates fear that many could be pushed