Personal finance

Sporrer/Rupp | Image Source | Getty Images Most Americans are concerned about what may happen to Social Security when its retirement trust fund crosses a projected 2033 depletion date, according to a new Bankrate survey. Nearly three-quarters, 73%, of non-retired adults and 71% retired adults say they worry they won’t receive their benefits if the
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Westend61 | Getty More than 72.5 million Americans will see a 2.5% cost-of-living adjustment in their Social Security and Supplemental Security Income checks in 2025. Before then, beneficiaries can expect to receive a notice detailing how their monthly checks will change. In December, the notices will be available online for beneficiaries who have My Social
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Boogich | E+ | Getty Images Lenders often encourage federal student loan borrowers to enroll in automatic payments. It can seem like a good idea to do so: Borrowers don’t need to worry about missing a payment and often get a slightly lower interest rate in exchange. However, the decision can backfire in a lending
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Thomas Jefferson, 1848/1879. Artist George Peter Alexander Healy. Heritage Images | Hulton Fine Art Collection | Getty Images In “All The Presidents’ Money,” author Megan Gorman takes readers into a side of U.S. presidents that is often overlooked: how they managed their own money. Gorman writes about commanders in chief who were obsessively frugal, and
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Maskot | Getty Images A bipartisan bill to change Social Security benefit rules for pensioners passed in the House of Representatives on Tuesday, with 327 lawmakers voting to support the measure. Now, the proposal heads to the Senate, where the chamber’s version of the bill has 62 co-sponsors, “surpassing the majority needed to pass the
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