Student loan payments, interest are back in January for the unforgiven

Student loan payments, interest are back in January for the unforgiven

Peter Dazely | Getty Images For many federal student loan borrowers, strategizing repayment is critical, given that payments, interest and collections — paused since March 2020 — are expected to resume after Dec. 31. This is true even as nearly 45% of borrowers, or close to 20 million people, would have their debt fully canceled … Read more

The major county in America where home prices just dropped the most is …

The major county in America where home prices just dropped the most is …

Buyers may be starting to see home price drops in some areas. (Getty Images) Home buyers have watched as home prices marched upwards for the past few years, but now many of you will finally get some relief — at least in some spots. “Home price appreciation has slowed dramatically in most markets, and there … Read more

Do These 3 Things Now If Your Portfolio Is Down Big

Do These 3 Things Now If Your Portfolio Is Down Big

(Daniel Foeber) Investors have had a rough go of it in 2022. All three major indices are in a bear market, which is a drawdown of at least 20% from the high. However, many well-known individual stocks are down far more. Out of the 10 largest stocks by market cap in the Nasdaq Composite, seven … Read more

How to Turn $50,000 Into $1 Million by the Time You Retire

How to Turn ,000 Into  Million by the Time You Retire

(James Brunley) There’s no denying $1 million isn’t the head-turning measure of wealth it used to be. The US Census Bureau estimates that about one out of every 10 people living in the US is worth a million bucks, if not more. However, a $1 million retirement nest egg would be a great source of … Read more

4 Retirement Strategies That Run Circles Around a 401(k)

4 Retirement Strategies That Run Circles Around a 401(k)

(Mark Blank) The 401(k) has become synonymous with retirement savings, and for good reason. It’s one of the most widely used retirement savings vehicles, and many employers will match your contributions, which is the closest thing to free money out there. But if you find yourself working for a company that doesn’t match your contributions, … Read more

Nearly 70% of Americans seek extra work to offset inflation – Yahoo Finance

Nearly 70% of Americans seek extra work to offset inflation – Yahoo Finance

Nearly 70% of Americans seek extra work to offset inflationYahoo Finance Unrelenting inflation is taking a toll, leaving more Americans living paycheck to paycheckCNBC Americans seek extra work to fight inflationYahoo Finance View Full Coverage on Google News

An 11% Social Security Increase Is Practically Impossible. But That’s OK.

An 11% Social Security Increase Is Practically Impossible.  But That’s OK.

(Keith Speights) We’re probably less than two weeks away from knowing how much higher Social Security checks will be in 2023. The Social Security Administration (SSA) plans to make the announcement in mid-October. There have been lots of predictions made in recent months about what the next cost-of-living adjustment (COLA) will be. The most optimistic … Read more

DC Attorney General sues Liberty Tax claiming it misled thousands of customers

DC Attorney General sues Liberty Tax claiming it misled thousands of customers

articles WASHINGTON – DC Attorney General Karl Racine is putting Liberty Tax on notice after filing a lawsuit against the company claiming it mislead and secretly increased the cost of tax preparation for thousands of DC taxpayers. Liberty Tax is the 3rd largest tax filer in the nation -with multiple offices in the District. “This … Read more

House Prices Fall as Rate Hikes Push Buyers to Sidelines

House Prices Fall as Rate Hikes Push Buyers to Sidelines

Signs are mounting that home prices have peaked, as soaring mortgage rates have deterred buyers, forcing sellers to lower their expectations. For example, the S&P CoreLogic Case-Shiller Home Price Index dipped 0.3% in July from June, the largest monthly decline since November 2014. And now Realtor.com has reported that 19.5% of home listings cut their … Read more

How to Check Your Social Security Benefit Amount — and Why It’s So Important

How to Check Your Social Security Benefit Amount — and Why It’s So Important

(Katee Brockman) Do you know how much you’ll receive in Social Security benefits once you retire? If not, you’re not alone. Around 44% of US adults don’t know how much to expect from Social Security, according to a 2022 survey from the Nationwide Retirement Institute. Not knowing your future benefit amount can make it more … Read more