Personal finance

boonchai wedmakawand | Moment | Getty Images Putting your purchases on plastic is about to cost you even more. The Federal Reserve is expected to raise rates three or four times this year, starting as early as March. That means anyone who carries a balance on their credit card will soon have to cough up more dough

freemixer | E+ | Getty Images If you’re like most Americans, you do not have a formal plan for what will happen to your assets when you die. Just 46% of Americans have made provisions for how their money and estate should be handled, a 2021 Gallup poll found. Those results have been more or

Margaret Bailey, pictured with her son, works hybrid, spending some time at home and some time in the office. Source: Margaret Bailey The ability to work remotely has been a lifeline for Margaret Bailey during the Covid-19 pandemic. Bailey, the mother of two young children, splits her time between home and the office as vice

d3sign Robots want to be your next financial advisor. Not too long ago, that notion may have smacked of sci-fi whimsy — “Star Wars” cyborg C-3PO in a power suit on Wall Street, perhaps. But robots, or so-called “robo-advisors,” may soon manage more than $1 trillion of Americans’ wealth. These aren’t actually tangible robots; they’re

This image provided by Jeopardy Productions, Inc. shows game show champion Amy Schneider on the set of “Jeopardy!” Schneider is the first trans person to qualify for the show’s Tournament of Champions. Jeopardy Productions | AP Amy Schneider has been on a “Jeopardy!” roll. The Oakland, California-based software engineering manager recently surpassed $1.1 million in

miodrag ignjatovic | E+ | Getty Images It’s not just retirees who need to think about Medicare. Anyone who plans to keep working when they reach the eligibility age of 65 should evaluate how — or if — Medicare will fit into their health-care coverage. The program’s general rule is that unless you meet an

The Dyrt co-founders Kevin Long and Sarah Smith work out of their camper van while traveling around the country. The Dyrt Sarah Smith and Kevin Long have taken remote work to a new level. Their office is a camper van. The location varies. The married couple, co-founders of camping app The Dyrt, ditched their Portland,

In this article TROW Geber86 | E+ | Getty Images Saving for retirement can seem like a far-off goal when other priorities — from day-to-day expenses to managing debts — feel more urgent. But if you don’t consistently put money aside toward your so-called golden years, you could fall behind. There’s a $4 trillion difference

FluxFactory As you approach retirement, you may find that your ideal life no longer includes your current spouse. You’re not alone. According to the U.S. Census Bureau, the percentage of people who have been divorced is highest among those ages 55 to 64. Even though you may want to end your marriage, there may be

In this article NAVI Navient, one of the largest student loan servicers, will cancel $1.7 billion in private student loans after a deal it reached with 39 states. The settlement, announced on Thursday, resulted from accusations the lender gave out loans to millions of borrowers who’d be unlikely to be able to repay them. It

The resignation rate has increased at large organizations and small businesses, with more than 4.5 million workers quitting their jobs in November, according to the most recent data from the U.S. Bureau of Labor Statistics. If you recently left your employer — or are planning to do so — here are your options to make

Getty Images The pension plans of big U.S. companies haven’t looked this good since before the 2008 financial crisis — and that’s good news for workers and employers. A pension’s “funded” status is a core gauge of its health. It’s a measure of plan assets relative to liabilities (how much money the plan needs to