Personal finance

Johner Images | Johner Images Royalty-free | Getty Images A new U.S. Labor Department rule will significantly change the advice many investors receive about rolling money over from 401(k) plans to individual retirement accounts, legal experts say. The so-called “fiduciary” rule, issued April 23, aims to raise the legal bar for brokers, financial advisors, insurance
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Demonstrators attend a rally asking Rep. Kean to “Stop MAGA Cuts! Protect Social Security!” on Feb. 24, 2023 in Bridgewater, New Jersey. Dave Kotinsky | Getty Images Entertainment | Getty Images Voters who show up at the polls this November may not just be choosing among Republicans, Democrats and third-party tickets — but also casting
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IRS Commissioner Danny Werfel testifies during the Senate Finance Committee hearing on the fiscal 2024 IRS budget and the IRS’ 2023 filing season, in the Dirksen Building in Washington, D.C., on April 19, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images This season, more than 140,000 taxpayers successfully filed returns using IRS Direct
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Ryanjlane | E+ | Getty Images Rebates tied to home energy efficiency and created by the Inflation Reduction Act may start flowing to many consumers within months.   The federal government is issuing $8.8 billion for Home Energy Rebates programs through states, territories and tribes, which must apply for the funding. The U.S. Department of
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When President Joe Biden unveiled the details of his Plan B for student loan forgiveness, he revealed that his hope to make some college free was not dead.   “I also want to make community college tuition free so you don’t need loans at all,” Biden said after including free community college as part of his $7.3 trillion budget for
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As enrollment deadlines approach, fewer students have figured out how they will afford college next year. Ongoing problems with the new Free Application for Federal Student Aid have delayed financial aid award letters and even prevented many high school seniors and their families from applying for aid at all. As of the latest update, roughly 7.3 million
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US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024.  Andrew Caballero-Reynolds | AFP | Getty Images The Biden administration has published its new student loan forgiveness proposal, putting it on the path to start clearing debt for millions of borrowers this
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