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Pixelseffect | E+ | Getty Images If you have unspent money in your health-care flexible spending account, now’s the time to make a plan to use it before you lose it. Health-care FSAs let workers stash away pretax dollars for qualifying expenses. However, they generally are “use-it-or-lose-it” accounts: Unless your company provides a grace period…
President Joe Biden delivers remarks on protecting Social Security and Medicare and lowering prescription drug costs in Hallandale Beach, Florida, on Nov. 1, 2022. Anadolu Agency | Anadolu Agency | Getty Images The Biden administration on Tuesday announced that it will extend the payment pause on federal student loans until after June or when it’s…
Parents and caregivers with the Economic Security Project gather outside the White House to advocate for the Child Tax Credit in advance of the White House Conference on Hunger, Nutrition, and Health on Sept. 20 in Washington, DC. Larry French | Getty Images Entertainment | Getty Images Millions of families received monthly checks of up…
Samuel Corum | Getty Images News | Getty Images For supporters of congressional proposals to improve the U.S. retirement system, it’s about to be a nail-biting few weeks. Lawmakers are heading back to Washington next week to finish out the so-called lame-duck session — the legislative period between the midterm elections and the new Congress,…
Bahamas-based crypto exchange FTX filed for bankruptcy in the U.S. on Nov. 11, 2022, seeking court protection as it looks for a way to return money to users. Nurphoto | Nurphoto | Getty Images After a difficult year for digital assets, many investors were blindsided by the recent collapse of cryptocurrency exchange FTX, as customers…
Tom Brenner | Reuters The midterm elections made two key federal programs seniors rely on — Social Security and Medicare — a topic of national conversation. Now, as the final vote tally comes in — with a Democratic majority in the Senate and a Republican majority in the House of Representatives — advocates for the…
In this article LC TRU Follow your favorite stocksCREATE FREE ACCOUNT Just as the holiday shopping season gets into full swing, families are finding less slack in their budgets than before. As of October, 60% of Americans were living paycheck to paycheck, according to a recent LendingClub report. A year ago, the number of adults…
U.S. President Joe Biden speaks about student loan debt at the White House on Aug. 24, 2022 in Washington, DC. Alex Wong | Getty The Biden administration on Friday asked the Supreme Court to reinstate its federal student loan program after a federal appeals court issued a nationwide injunction against the plan. The administration’s request,…
Violetastoimenova | E+ | Getty Images Even as companies spend more on pay raises in a tight labor market, those increases aren’t yet keeping up with inflation. Overall salary boosts are forecast to be 4.6% in 2023, up from a mid-year estimate of 4.1% and higher than the 4.2% bump that workers got this year,…
Taylor Swift accepts an award onstage during the MTV Europe Music Awards 2022 on Nov. 13, 2022 in Duesseldorf, Germany. Kevin Mazur | Wireimage | Getty Images Taylor Swift fans are not having a “Love Story” with Ticketmaster — and may fall victim to scams if they’re not careful when looking for affordable concert tickets….
Vladimir Vladimirov | E+ | Getty Images With the holiday season about to be in full swing, the giving spirit is likely to follow. If you’re among those who plan to make charitable donations before the end of the year, it’s worth making sure you know exactly where your money is going and how it…
damircudic | Getty After a rough year for cryptocurrency, taxes may not be a top priority for digital currency investors battered by steep losses. But the falling crypto market and the recent collapse of digital currency exchange FTX may affect next year’s tax bill — and beyond, according to financial experts. Despite recent losses, “gains…