Darya Komarova | Moment | Getty Images TikTok users are getting a look at their future selves, thanks to a new “aged” filter that’s gone viral on the social media platform. The filter gives users a hyper-realistic visual by mimicking skin and facial changes that happen with age. “This is wildly realistic!” exclaimed one user
Personal finance
Valentinrussanov | E+ | Getty Images The IRS has unveiled plans to offer digital correspondence for the 2024 tax season, building on the agency’s decade-long overhaul of improved service, technology and compliance. By 2025, the agency aims to achieve “paperless processing” for tax returns and so-called information returns, used by employers and financial institutions. related
Downtown Los Angeles. TheCrimsonRibbon | Getty Images Americans are feeling the pinch from the high cost of single-family rentals, despite only slight year-over-year growth, according to a new report. Rental prices shot up during the pandemic. They are likely to remain high, with many Americans hesitant to purchase new homes amid soaring mortgage interest rates,
The Mega Millions jackpot soared to $1.05 billion on July 31, 2023. Shannon Stapleton | Reuters The Mega Millions jackpot has soared to more than $1 billion for the fifth time in the game’s history. Currently, the 30-year annuitized payout is worth $1.05 billion, Mega Millions’ fourth-largest prize to date. Winners may also choose the
Johnnygreig | E+ | Getty Images This October may be a stressful time for many people with federal student loans. After a three-year break, the U.S. Department of Education will start expecting payments again at that point. Borrowers will get their first bill in September or October, the Department says. From then, they’ll have at
Simon Potter | Getty Images When it comes to stocks, investors face a big question: How much exposure is enough? For investors already in retirement, how well they answer that question may have big consequences for how well they reach their goals. “About 37% of boomers have more equity than we would recommend for their
The Mega Millions jackpot grew to $940 million on July 27, 2023. OLIVIER DOULIERY | Getty The Mega Millions jackpot has ballooned to an estimated $940 million ahead of Friday’s high-stakes drawing at 11:00 p.m. ET. If you pick the magic six numbers, there are two payout options: a lump sum of $472.5 million or 30
A ‘Shark Week’ blimp flies over the San Diego Convention Center on July 23, 2022. Aaronp/bauer-griffin | Gc Images | Getty Images It’s “Shark Week,” the annual television-programming event on Discovery that stars the ocean’s apex predators. And perhaps the most famous of these fish — the fictional, man-eating great white from the 1975 thriller
Halfpoint Images | Moment | Getty Images The Americans with Disabilities Act was signed into law 33 years ago to protect people with disabilities from discrimination. But the disabled still face major hurdles when it comes to building wealth. To help make it easier for disabled individuals with lower incomes to save, Sen. Bob Casey,
President Joe Biden speaks on July 25, 2023. Samuel Corum/Sipa/Bloomberg via Getty Images The White House on Tuesday forgave $130 million in student debt for 7,400 borrowers who attended CollegeAmerica, a now-defunct institution in Colorado that officials said misled borrowers about their loans and career prospects. These borrowers “were lied to, ripped off and saddled
IRS Commissioner Danny Werfel speaks at a Senate Finance Committee hearing in Washington, D.C., on April 19, 2023. Al Drago | Bloomberg | Getty Images The IRS on Monday ended its controversial practice of unannounced visits to homes or businesses from agency revenue officers for most taxpayers. Part of a broader IRS overhaul, the policy
The thought of retiring and funding your retirement adequately might be daunting. But if you start planning now, you’ll certainly be thankful later. It’s never too early to start thinking about retirement. Retirement usually entails replacing your annual salary from a workplace with other income sources to maintain your current lifestyle. While Social Security may