News
Why Designated Beneficiaries Are Key to Your Estate Planning
Before Zygmund Furmaniuk’s aunt Mary died in 2023, she set up a trust to hold her assets and to distribute her estate, which was valued at…
Tag
Personal Finances
News
Who Decides How Much You Pay for College? Here’s How Tuition Costs Are Set.
Last month, four Republicans from the House and Senate sent letters to the presidents of Ivy League schools demanding years of data about…
News
Trump’s Cuts to Science Funding Could Hurt U.S. Economy, Study Shows
Cutting federal funding for scientific research could cause long-run economic damage equivalent to a major recession, according to a new…
News
Student Debt Collections Restart on May 5. Here’s What to Know.
After a five-year reprieve, the Trump administration will restart forced collections on federal student loans in default, which could…
News
How to Talk to Your Children About Money in These Uncertain Times
Stock market gyrations. Inflation. Layoffs of federal workers. A possible recession. Children may overhear their parents talking about…
News
Did You Sell Concert Tickets or Clothes? You May Owe Taxes
If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert…
News
Profits, Not D.E.I., Are Why Companies Exist
A prominent group of chief executives said almost six years ago that making profits for shareholders was only part of their business — and…
News
Medicare Doesn’t Pay for Everything: How to Bridge the Cost Gap
Medicare can cover most of your health care needs when you turn 65, but it doesn’t pay for everything. And one of the most significant…
News
36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations
The day before Linda Wetzel closed on her retirement home in Southport, N.C., in 2012 — a cozy place where she could open the windows at…
News
Sharing Bank Accounts Can Deepen a Couple’s Relationship
When Nia Darville Stokes-Hicks and Armondi Stokes-Hicks married two years ago, they set up five bank accounts. Each had an individual bank…
News
When It Comes to Investing, Is A.I. Worth the Hype?
After the arrival of a less costly A.I. model from China, U.S. markets and academics are wrestling with the ultimate economic value of the…
News
Why Transferring Credit Card Debt Won’t Pay It Off
Ms. Harris suggests that her clients try “Frugal February” — avoiding discretionary spending and impulse purchases, and putting the money…
News
Why Banks May Be Hoping You’re Not Paying Attention
The median American household has a combined balance of $10,000 in its checking and savings accounts, according to a census estimate. For…
News
You Can No Longer Buy Paper Inflation Bonds With Your Tax Refund
You can still get your tax refund sent to your checking account, say, and then use the money to buy digital I bonds via TreasuryDirect.…
News
How Improv Comedians Make a Living Teaching Corporate Workshops
In 1994, Bob Kulhan was in his early 20s and on the path to becoming a marketing executive at a top ad agency. The financial stability of…
News
Financial Advice on Social Media Is Growing. And Risky.
Amy Ryan was panicking about her savings when she went online for advice. It was April 2020, and the stock market had plunged, draining a…
News
How to Invest During a Presidency With a Deep Devotion to Profits
“The chief business of the American people is business.” That declaration by Calvin Coolidge has been shortened and simplified since that…
News
IRS Free Tax Filing System Will Include 13 More States
Taxpayers with income of $84,000 or less still have the option of using the separate Free File program, a partnership between the I.R.S.…
News
How Unauthorized Immigrants Help Finance Social Security Benefits
The Social Security Administration receives billions in free money each year from an unexpected source: undocumented immigrants. This…
News
Investing in Stocks and Bonds Will Be Trickier Under Trump
Financial markets have been choppy since the November election, and for good reason. With the next presidential administration promising…
News
Now on the College Course Menu: Personal Finance
Sean Karaman, a freshman at the University of Nevada, Las Vegas, hadn’t always paid close attention to his credit card spending. But after…