Personal finance

Busà Photography | Moment | Getty Images There’s no shortage of social media influencers sharing real estate advice, and some make renting out your home seem like a clear “yes” when you move elsewhere. Managing a rental property, however, can be complicated — and changing your primary residence could impact your taxes later, experts say. 

Traders on the floor of the New York Stock Exchange at the opening bell in New York City on Feb. 12, 2025.  Angela Weiss | Afp | Getty Images Stock market investors enjoyed lofty annual returns over the past two years. However, 2025 may not offer a “three-peat,” investment analysts say. The S&P 500 stock

Sanja Radin | E+ | Getty Images It seems that love is in the air, and so is the spending as more people are apparently getting into the Valentine’s Day spirit this year. Americans shopping for their significant others are expected to spend $14.6 billion this year, according to the latest annual survey by the

President Joe Biden after he signed the Social Security Fairness Act at the White House on Jan. 5 in Washington, D.C.  Kent Nishimura | Getty Images News | Getty Images The biggest changes to Social Security in years were signed into law on Jan. 5. For more than 3.2 million individuals, that will mean bigger

Maria Korneeva | Moment | Getty Images As millions of taxpayers file returns, many worry that certain claims could boost their chances of being picked for an IRS audit.  After an infusion of funding, the agency said it aimed to more than double the audit rate for the wealthiest taxpayers. But the IRS’ future priorities are unclear amid changing

Prapass Pulsub | Moment | Getty Images If you have a tax bill or bigger than expected refund this season, it may be time to update your paycheck withholding, which can be tricky, experts say.   Typically, there’s a refund when you overpay taxes throughout the year, and a tax bill when you don’t pay enough.

Cavan Images | Cavan | Getty Images More than 3.2 million individuals scored a legislative victory due to a new law that will increase the Social Security benefits for which they are eligible. However, many of those individuals now face a lengthy wait for the extra benefit money coming to them. The Social Security Fairness

Elon Musk speaks next to President Donald Trump, not pictured, in the Oval Office of the White House in Washington, D.C., Feb. 11, 2025. Kevin Lamarque | Reuters Staffers from Elon Musk’s secretive government slashing effort, DOGE, have pushed the highest-ranking officials at the Department of Education out of their own offices, rearranged the furniture

Coroimage | Moment | Getty Images If you worked remotely in 2024, you may be eyeing the home office deduction. However, qualifying for the tax break may be harder than you expect, experts say.  Only 7% of companies allowed fully remote work in 2024, down from 21% in 2023, according to a ZipRecruiter survey that

Sign on an empty supermarket shelf in Queens, New York. Lindsey Nicholson/UCG/Universal Images Group via Getty Images Wholesale egg prices have eclipsed record levels as the U.S. scrambles to contain a bird-flu outbreak — and consumers may soon see more sticker shock at their local grocer as a result, according to analysts. On Friday, average

Robert F. Kennedy Jr., U.S. President Trump’s nominee to be secretary of Health and Human Services, testifies before a Senate Finance Committee confirmation hearing on Capitol Hill in Washington, U.S., Jan. 29, 2025.  Evelyn Hockstein | Reuters Americans’ credit card balances soared to a record $1.17 trillion in 2024 — and even the wealthy are

Hero Images | Hero Images | Getty Images College advocates breathed a sigh of relief when the U.S. Department of Education said the Trump Administration’s “federal funding freeze” would not affect federal Pell Grants and student loans.  Nearly 75% of all undergraduates receive some type of financial aid, according to the National Center for Education Statistics. About 40%