A decision from the White House on federal student loan forgiveness could be just days away. Yet current high school students will still struggle with how to pay for college without taking on too much debt. With tuition on the rise, most families rely on a combination of resources to make it work. Income and
Advisors
Rep. John Larson, D-Conn., and other lawmakers discuss the Social Security 2100 Act, which would include increased minimum benefits, on Capitol Hill on Oct. 26, 2021. Drew Angerer | Getty Images News | Getty Images Social Security crossed a new milestone when it reached its 87th anniversary on Sunday. The program was signed into law
Sometimes a life raft can look a lot like a credit card. In an economy that has produced the highest inflation rate since the early 1980s, Americans are struggling to keep up with day-to-day expenses and are increasingly relying on credit cards to stay afloat. Amid a dramatic rise in the cost of living, credit card balances jumped 13% in
The expansion of renewables comes at a time when concerns about the speed of the planet’s shift away from fossil fuels have been heightened following Russia’s invasion of Ukraine. Imaginima | E+ | Getty Images There’s been a surge of interest in green energy funds as President Joe Biden prepares to sign a bill allocating
Because of astronomical costs of care and support — often more than $100,000 per year — most individuals with disabilities will need government assistance such as Supplemental Security Income and Medicaid. However, they must shelter their assets carefully to not be disqualified from these programs. That’s where special needs trusts and ABLE accounts come in.
Geber86 | E+ | Getty Images Investors have obviously taken a beating so far in 2022. Technology stocks, cryptocurrencies and nearly everything else that shot up during the free money, zero-interest-rate era has cratered, while other market segments haven’t fared much better. This, of course, isn’t the first time in the recent past that equities
Connie Gores was in her mid-50s, with one daughter in college and another newly graduated, when she became keenly focused on preparing for retirement. Gores, who worked in higher education and was a college president, met with a financial advisor set up by her former employer during the financial crisis of 2008. “The conversation changed
Yacobchuk | Istock | Getty Images What is retirement? When does it start? And how has Covid-19 affected Americans’ retirement plans? An ongoing survey of U.S. retirees and near-retirees suggests there’s a wide range of opinions on these fundamental questions and a rapidly changing perspective on what retirement will look like in the future. Last
In this article NFLX RDFN Holger Scheibe | The Image Bank | Getty Images While “Hiring Now” signs dot storefronts and highways across America, the job market may be starting to cool. The Federal Reserve’s decision to bring down inflation by raising interest rates has some projecting a slowing economy — and slower sales —
Getty Images Over the past couple of years, the effects of Covid-19, social activism and economic uncertainty have profoundly impacted women’s attitudes about their finances, according to a UBS survey. Nearly 9 in 10 women believe money is a tool to achieve their personal “purpose,” the report uncovered, polling 1,400 women investors in January and
Mint Images | Mint Images Rf | Getty Images Women prefer investing in a way that helps the environment and does social good, some studies have found. Such values-based investing could help raise women’s general enthusiasm for investing and boost long-term wealth, according to financial experts. About 52% of women would rather invest in
The gender wage gap has remained remarkably stubborn for decades and, inevitably, becomes a significant shortfall at retirement. In 2020, women made 83 cents for every dollar earned by men, according to the U.S. Census Bureau. The gap persists despite women’s increasing levels of education and even widens among higher-income workers. By the end of her career, a full-time