How to Talk to Your Children About Money in These Uncertain Times
Children may not understand the stock market or inflation, but they can pick up on their parents’ financial worries. Experts offer advice on dealing with the subject.
April 25, 2025
The $5 Limit on Overdraft Fees May Soon Be Struck Down
The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some tips on how to avoid or reduce your costs.
April 18, 2025
The Treasury Secretary Is Wrong About How Most Retirees See the Stock Market
We asked readers who were on the cusp of retirement whether they were watching the markets. About 400 replied.
April 13, 2025
Your Car Insurance Is Likely to Go Up. Again.
New tariffs are expected to push up prices of vehicles and car parts, and that could raise premiums as much as 16 percent. Here are some tips on how to try to keep costs down.
April 11, 2025
The Treasury Secretary Needs Better Data on How You Save for Retirement
Scott Bessent said on television that most people kept 401(k) money in a 60% stock fund. It’s not quite that simple.
April 8, 2025
Tempted to Panic-Buy? Sit Down and Have a $1.50 Hot Dog Instead.
A census of Costco carts on Thursday revealed little fear. Tariffs could go as fast as they’re coming, and our columnist is not stuffing his pantry.
April 4, 2025
Still Receive Paper Checks From the Government? That Will Soon End.
An executive order from President Trump will require government agencies to make electronic payments for tax refunds, Social Security and other benefits as of Sept. 30.
April 4, 2025
Haven’t Filed Your Taxes Yet? Here Are Some Last-Minute Tips.
Despite the turmoil at the I.R.S., tax returns are still due on April 15. And, yes, there are still options for lowering last year’s taxable income.
March 28, 2025
The Big Secret About Medicaid: It’s a Middle-Class Benefit
If you have a parent short on savings, a disabled adult child or a minor with special needs, Medicaid may be your backstop. Plenty of people are unaware.
March 21, 2025
How to Shop for a Home That Won’t Be Upended by Climate Change
Deciding where to live has always been a high-stakes financial decision, but a changing climate makes it even more critical. This guide will get you started.
March 19, 2025
How Trump’s Tariffs Could Hit Auto Prices
One estimate puts the potential increase in cost of new cars at thousands of dollars. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.
March 14, 2025
Why You Should Sign Up for the I.R.S.’s Identity Theft Prevention Tool
With employees from the so-called Department of Government Efficiency poking around in agency systems, faith in data security isn’t what it once was. The tool, an identity protection PIN, can help.
March 8, 2025
Scammers Stole Their Savings, and Then the Tax Bill Arrived
The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.
March 8, 2025
Buying a Home? Without the Consumer Bureau, You Need to Be Your Own Watchdog.
The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, starting with shopping for the best mortgage rates.
March 7, 2025
With the Consumer Agency on Pause, Here’s How to Protect Yourself
Rules on bank and credit card fees, medical debt and payment apps are in limbo. One thing you can do is carefully check your financial statements, one expert says.
February 28, 2025
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 says.
February 21, 2025
How to Become a Millionaire With a Health Savings Account
A new analysis finds that a diligent saver who leaves the money untouched for decades can accumulate $1 million. But not everyone with an H.S.A. can afford to leave the money untapped.
February 14, 2025
Why Transferring Credit Card Debt Won’t Pay It Off
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for reducing that debt, starting with looking at your spending habits.
February 7, 2025
You Can No Longer Buy Paper Inflation Bonds With Your Tax Refund
The Treasury Department has also eliminated the option of buying as much as $5,000 in extra inflation bonds, beyond the $10,000 annual limit.
January 31, 2025
I.R.S. Expands Its Free Tax Filing Option
The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will happen to the program next year.
January 24, 2025
How to Come Up With a Down Payment on a House
With prices high, putting aside enough cash to buy a house can be daunting. But housing experts say there are assistance programs in all 50 states.
January 17, 2025
American Express to Pay $230 Million to Settle Deceptive Marketing Claims
The Justice Department said the company misrepresented its credit card rewards and fees and made false claims about the tax benefits of its wire transfer products.
January 17, 2025
Jimmy Carter Was Right About Materialism but, Alas, Wrong About Us
“Too many of us now tend to worship self-indulgence and consumption,” he said in his 1979 “Crisis of Confidence” speech. If only we had listened.
December 30, 2024
A Donor Gave Graduates a Big Cash Gift. Why Didn’t They All Get One?
A billionaire gave $1,000 to University of Massachusetts Dartmouth graduates in May. The catch? You had to be there.
December 25, 2024
How a New Year’s Resolution Can Set Up Your Financial Goals for Success
Don’t give up on resolving to do better, psychologists and personal finance experts say. The key is to reframe the way you think about it.
December 20, 2024
Tired of Tipping? Holidays May Be the Exception.
Consumers have said they are confused and frustrated with tipping expectations generally. But, one expert says, “people generally want to feel more generous around the holidays.”
December 13, 2024
It’s Not Too Late to Rein In Holiday Spending
Research suggests that you’ll spend less than you otherwise would by setting a strict budget — even if you go over the budget.
December 6, 2024
I Tested the Latest FAFSA. It Works Fine. Don’t Celebrate Yet.
The rollout of the new student aid form last year was a debacle. This year’s beta testing has gone better. Next up: millions of users and a new administration.
November 23, 2024
High-Yield Savings Accounts Are Still a Good Deal
Interest rates have been falling, but deposits are earning more than inflation.
November 22, 2024
Why States Are Offering Workers at Private Companies Access to I.R.A.s
With the plans, workers are automatically enrolled and contribute through payroll deductions. The goal is to help more Americans save for retirement.
November 15, 2024
Older Workers to Get ‘Super’ 401(k) Catch-Up Contributions in 2025
Workers who are 60 to 63 will be able to put in up to $11,250 in extra contributions, if they can afford it.
November 8, 2024
In a Perfect World, We’d Eliminate Expense Reports. We’re Getting Closer.
We hate them. The companies that build expense management software know that we hate them. They would like things to be different.
November 3, 2024
Expect Higher Costs for Your Health Care Benefits Next Year
Employers are predicting an increase of as much as 9 percent, on average, but are generally avoiding passing along much of that to their employees, industry groups say.
November 1, 2024
Readers Shared Hacks for Cheaper Teen Car Insurance. Do They Work?
Here’s what could happen if you don’t tell your insurer about any teenage drivers in your family — or try to get a separate policy for them altogether.
October 26, 2024
Welcome to the Era of the $20,000 Family Car Insurance Bill
Have several children, a driveway full of cars and a few moving violations? Good luck to you. There are some ways to lessen the financial pain.
October 19, 2024
Homeowners Tap Into Their Rising Home Equity
Balances on home equity lines of credit have risen along with home equity loans. Popular reasons for borrowing include home renovations and repairs and debt consolidation.
October 18, 2024
What to Do if You Fall Behind on Auto Loan Payments
The Consumer Financial Protection Bureau suggests that lenders may be overzealous in repossessing cars.
October 11, 2024
Experian Wants You to Carry Its Debit Card Around. Be Wary.
There’s not a lot of love for the credit bureaus, so why would you want one of them in your wallet? Experian’s pitch: A slightly better credit score. Maybe.
October 5, 2024
How States Are Enticing Employers to Help Their Workers Save for College
With college costs high, at least eight states now offer tax credits or deductions for employers that contribute to workers’ 529 accounts.
October 4, 2024
Missed Student Loan Payments Will Hurt Your Credit Again. What to Know.
President Biden’s yearlong on-ramp to help federal student loan borrowers ease back into repayment ended on Sept. 30.
September 30, 2024
Surviving Spouses May Not Be Responsible for Partners’ Medical Bills
A call from a debt collector may add to the challenges that bereaved people are already dealing with. But spouses “should not assume that they have to pay.”
September 27, 2024
Is It Better to Buy or Lease a Car? It Depends.
The lowest overall cost is to buy a car and keep it for a long time. But leasing usually has lower monthly costs. And leasing an E.V. may come with a tax break.
September 20, 2024
$300 for a New Checking Account? Banks Offer Bonuses to Attract Customers.
Facing competition for business, banks are offering incentives to switch. But as one expert put it, “You have to read the fine print.”
September 13, 2024
How to Handle the Delay in the Release of the FAFSA Form
The student financial aid application is expected to be ready by Dec. 1, two months later than usual. Experts offer some tips on what to do in the meantime.
September 6, 2024
Is It Better to Stay on Your Parents’ Health Care Plan or Enroll in an Employer’s?
For young adults, the choice isn’t always a straightforward one.
August 30, 2024
If Your Debt Is Ballooning, There Are Steps You Can Take
More borrowers have been falling behind on their credit card bills and are paying more for basic banking services, like A.T.M. fees.
August 23, 2024
What to Know About Online Paycheck Advances and Why They Face Scrutiny
The Consumer Financial Protection Bureau has proposed a rule that would treat the offerings as loans, requiring the providers to disclose their charges as interest rates.
August 9, 2024
A Mortgage Alternative for Lower-Priced Homes Comes With Risks
Seller-financed loans known as “land contracts” don’t involve a bank and lack the consumer protections available with traditional home loans.
August 2, 2024
Chase to Bar Customers From Using Credit Cards for ‘Pay Later’ Loans
Financial regulators and consumer advocates frown upon using credit cards to pay off installment loans because of the risk that consumers will dig themselves further into debt.
July 26, 2024
How to Rein In Rising Auto Insurance Rates
Taking a safe driver course can save you 10 percent on the premium, one expert said. Improving your credit score can also help as can getting married.
July 19, 2024
A Money Guru Bet Big on a Very Long Life. Then He Got Cancer.
Jonathan Clements, a longtime personal finance columnist for The Wall Street Journal, has a lot of savings. He’s not mad that a fatal illness will keep him from spending it.
July 13, 2024
Why Some People Don’t Talk About Money With Their Partner
A new report finds that people stressed about their finances are often worried that discussing it will lead to an argument. But experts say conversations can help.
June 28, 2024
It’s Fine if Investing Bores You. Some Money Pros Feel the Same Way.
For many financial professionals, investing is just a tool to help people achieve their meaningful life goals.
June 22, 2024
Tips for Renting an E.V. for Your Summer Vacation
Even with more fast-charging stations available, having a smooth electric vehicle experience still takes planning, our columnist found.
June 21, 2024
First a Victim of Tax Return Identity Theft, Then a 2-Year Wait for a Refund
The I.R.S.’s Taxpayer Advocate Service found that many of those affected were lower-income people who depended on refunds to cover living costs. The wait is “ridiculous,” the head of the service said.
June 14, 2024
The Best Way to Get a Refund When Your Airline’s Wi-Fi Is Terrible
We compiled shortcuts and links for every big U.S. carrier — and some little-known tips that should make it easier to get your money back.
June 8, 2024
Looking for Pet Insurance? Some Dog Breeds Will Cost More to Cover.
Premiums for big dogs and purebreds are generally higher. But as one expert put it, “Every dog can get sick.” Here’s what to know about coverage.
June 7, 2024
When a Bank Rescinds a Job Offer Because It Canceled Your Credit Cards
Last year, JPMorgan Chase wanted to pay Mansoor Shams a low-six-figure salary to work in a marketing role. Then it reviewed his account activity.
June 6, 2024
Interest on Federal Student Loans Is Rising to 6.53%
The rate for undergraduate loans is up from 5.5 percent this past school year and higher than it has been in more than a decade.
May 24, 2024
The High-Class Problem That Comes With Home Equity
You may feel richer as you pay your mortgage down and home values go up. Using that equity is another matter entirely.
May 19, 2024
Getting Started With Savings
The earlier you begin trying to save, the easier you’ll make things for your future self.
May 17, 2024
F.S.A. vs. H.S.A.: What to Know About the Accounts That Pay Medical Costs
Flexible spending accounts and health savings accounts both have tax benefits, but both may also have drawbacks, two reports found.
May 17, 2024
Managing Your Debt
How to make a plan for tackling your debt, improving your credit score and feel like the money you owe isn’t controlling you.
May 16, 2024
Budgeting for the Haters
How to think about budgeting — without all the shame and blame.
May 15, 2024
Meeting Yourself Where You’re At
Whether you’re still in school, looking for a job or already working, we have some tips for you.
May 14, 2024
Can Your Investment Portfolio Reflect Your Values?
Forget about endowments and their holdings and divestment for a minute. What do you stand for, and how can you make your portfolio reflect that?
May 11, 2024
A Pause for the Public Service Loan Forgiveness Program
The Education Department has temporarily stopped processing applications and other forms as it updates its systems and deals with problems plaguing the program.
May 10, 2024
Medical Debt Shows Up Less Often on Credit Reports
But the Consumer Financial Protection Bureau said 15 million people still had medical bills in their files, which can make it hard to qualify for loans.
May 3, 2024
Louisiana Will No Longer Require Students to Fill Out FAFSA to Graduate
Experts say high school seniors are more likely to go to college if they complete the financial aid form, but the state sees privacy issues with mandating it.
April 26, 2024
You Finished I.V.F. and Want to Donate Embryos. Is There a Tax Benefit?
Some people may consider donating embryos to researchers in light of Alabama’s I.V.F. ruling and in advance of other state actions. Would it be considered a charitable gift?
April 20, 2024
Thousands Are Eligible for Tax Refunds From 2020
The I.R.S. estimates that 940,000 people who didn’t file their returns for that year are due back money. The deadline for filing to get it is May 17.
April 19, 2024
That Giant College ‘Sticker’ Price Isn’t What Most Students Pay
The share of those paying the full advertised cost has declined over the last couple of decades, a new report found. Yet many don’t understand how much they’ll really pay.
April 12, 2024
Some Colleges Will Soon Charge $100,000 a Year. How Did This Happen?
Some Vanderbilt students will have $100,000 in total expenses for the 2024-25 school year. The school doesn’t really want to talk about it.
April 5, 2024
Robinhood’s Credit Card Offers 3% Cash Back. Can It Last?
Charles Schwab stopped offering a 2 percent card years ago, and most banks don’t hand over more than 2 percent either.
March 28, 2024
The State Had at Least $52,000 of Her Money. Why Couldn’t She Get It Back?
A financial firm told an account owner that it had turned over her money to the state. When she filed a claim, something strange happened.
March 23, 2024
Insurers Report Rising Hail Damage Claims
Inflation is driving up the cost of materials and labor to repair roofs and cars. Adding to insurers’ costs is increased development in areas affected by severe storms.
March 22, 2024
Car Deals Are Easier to Find but Lenders Are Tightening Their Terms
It has become harder for some borrowers to get affordable car loans as banks and dealerships face a rising number of delinquencies.
March 8, 2024
In Rancho Cucamonga, a Team of Teenage Tax Slayers Helps Adults
At a high school in California, students help run a tax-return clinic. They get academic credit, breakfast burritos and life lessons.
March 1, 2024
Report Helps Answer the Question: Is a College Degree Worth the Cost?
The analysis found that former students at most colleges had an annual income higher than high school graduates a decade after enrollment.
March 1, 2024
Looking for a Lower Credit Card Interest Rate? Good Luck.
Comparison sites often emphasize the big banks’ offerings even though smaller banks and credit unions typically charge significantly less.
February 23, 2024
Some Good FAFSA News: There’s a Loophole for Grandparents
Even amid the botched rollout of the new financial aid form, a rule change will let some grandparents help pay for college without compromising aid eligibility.
February 17, 2024
What Amazon, the F.T.C. and C.I.A. Won’t Say When You’ve Been Scammed
New York magazine’s money columnist wrote about being conned out of $50,000 by crooks pretending to be from Amazon and government agencies. We asked the company and agencies for comment.
February 16, 2024
Money in College Savings Accounts Can Now Go Toward Retirement
But there are caveats to moving the money into Roth I.R.A.s, and the government still has to issue guidelines about the option.
February 16, 2024
Employers Can Now Enroll Workers in Some Emergency Savings Accounts
But many companies are spurning the “clunky” legal requirements for accounts linked to retirement plans. Instead, some have stand-alone rainy day offerings.
February 9, 2024
Will Families Pay Less With Two Students in College? Now, It Depends.
The federal financial aid formula used to give a break to families with two or more children in college at a time. That’s gone now, and some schools may not fill the gap.
February 3, 2024
F.T.C. Warns Dozens of Funeral Homes to Provide Accurate Costs to Callers
The agency said an “undercover phone sweep” of more than 250 homes found that 38 failed to provide prices or supplied inconsistent prices in separate calls.
February 2, 2024
How Some Families Are Breaking the Rules to Apply for Financial Aid
Experts are already encouraging students and parents to exchange usernames and passwords to expedite aid applications. One problem: It’s not legal.
January 27, 2024
More Tenants Can Now Add Rent Payments to Their Credit Score
Policymakers view the reporting of an on-time pattern as a way to reduce disparities in homeownership.
January 26, 2024
Even if They Didn’t Apply, Some Students Get College Admission Offers
“Direct admission” is increasingly being offered to high school seniors who meet minimum academic qualifications. The participating schools are eager for more applicants.
January 19, 2024
I.R.S. to Begin Trial of Its Own Free Tax-Filing System
Residents of 12 states are eligible to participate if they meet certain criteria. But the agency’s plans have already met resistance from tax preparation companies.
January 5, 2024
I Spent New Year’s Eve Trying to Do the FAFSA. It Didn’t Go Well.
The new, simplified version of the college student aid form was supposed to become available in December. It was, kind of, for some people.
January 1, 2024
The Way Big Banks Shut Down Customer Accounts Is Callous. Let’s Fix It.
When banks close checking and credit-card accounts because of “suspicious activity,” chaos and anxiety ensue. It doesn’t have to be this way.
December 30, 2023
Now May Be the Time to Lock In High Interest Rates on Your Savings
Rates on C.D.s are the highest they’ve been in years. But the Fed is signaling that it may cut its borrowing costs next year, and C.D. rates could follow.
December 29, 2023
Chaos, Injustice and Joy: This Year’s College Essays About Money
Each year, we ask teenagers to send us their application essays about work, money or social class. Here are four, from California to Cambodia.
December 16, 2023
Difficult Choices for Some Long-Term Care Policyholders
After a settlement of a lawsuit, Genworth, the biggest holder of the policies, said customers could get reduced benefits or face significant increases in premiums.
December 15, 2023
Tips for Avoiding Surprise Bills From Electronic Toll Roads
Cashless tolls have reduced traffic jams, but they can also lead to hefty bills for out-of-state drivers. One piece of advice: Promptly pay the bill you get in the mail.
December 8, 2023
More States Now Require Financial Literacy Classes in High Schools
The surge in offerings is a response to the pandemic, which revealed glaring income inequality, as well as inflation and the resumption of student loan payments, an expert said.
December 1, 2023
Tip a Self-Service Kiosk? How to Deal With the Many Requests for Tips.
Since the pandemic, they seem to be everywhere. And with inflation, the gratuity on a pricier meal feels like a big outlay.
November 17, 2023
Mint, the Budgeting App, Is Going Away. Here Are Some Alternatives.
Finding a money app that works best for you requires personal testing. We asked popular competitors to Mint why you should try their offerings.
November 11, 2023
Higher Contribution Limits Are Coming for 401(k) Retirement Plans
But, financial advisers note, most people cannot afford to set aside the maximum amount. “This is a system geared for high earners,” one expert said.
November 10, 2023
Open Enrollment Begins for Affordable Care Act Health Plans
Pandemic-era help with the monthly insurance premium costs continues through 2025.
November 3, 2023
Writing ‘Maid’ Pulled Stephanie Land Out of Poverty. She’s Fine Now, Right?
Despite writing a best seller that became a hit Netflix series, Ms. Land says she still worries about her job security.
October 28, 2023
TransUnion Failed to Quickly Place or Remove Freezes on Credit Reports
The Consumer Financial Protection Bureau accused the credit bureau, one of three major credit reporting agencies, of “lying to consumers.”
October 27, 2023
More Than 400,000 Student Loan Borrowers Had Wrong Monthly Payments
The Education Department said miscalculations had caused many borrowers to see higher monthly payments than they actually owed.
October 16, 2023
How to Take Advantage of a Health Savings Account
Insurance plans with high deductibles may seem unappealing, but the savings accounts that often come with them offer significant tax benefits.
October 13, 2023
Social Security Benefits Will Rise 3.2% in 2024
Millions of Social Security beneficiaries, from retirees to disabled workers, will receive the cost-of-living adjustment, which is far less than last year’s but still higher than average.
October 12, 2023
A New Effort to Make College Aid Offers Easy to Understand
After years of criticism about financial aid letters that are confusing and sometimes misleading, about 400 schools have agreed to bring “clarity” to their communication.
October 6, 2023
It’s Time to Pay Your Student Loans. What Happens if You Fall Behind?
Missed payments will be reported as a forbearance rather than as delinquencies. But your credit score could still be affected.
October 4, 2023
What Should You Do if Hotels Don’t Warn You About Strikes?
There is recourse for customers who arrive at a hotel and are surprised to find a boisterous picket line waiting to greet them.
October 1, 2023
What New York homeowners and renters should know about flood insurance.
Standard homeowners’ and renters’ policies don’t cover damages that can be caused by the kind of heavy rains that hit New York City on Friday.
September 29, 2023
Consumer Agency Moves to Ban Medical Debt From Credit Reports
Millions of Americans owe money to doctors and hospitals, and that debt can affect their ability to get loans or even a job.
September 29, 2023
New York Drivers Are Paying More for Car Insurance. Here’s Why.
Policyholders should check the details of their auto insurance, which will automatically enroll them in extra spousal coverage — even if they’re single.
September 22, 2023
The Rising Costs of Owning a Car
Everything is going up — buying, financing, insurance and maintenance. The average annual cost of ownership, by one estimate, is $12,000.
September 22, 2023
The Simple Nudge That Raised Median Donations by 80%
A start-up used the Hebrew word “chai” and its numerical match, 18, to bump up giving amounts. What magic number would do the same for you?
September 16, 2023
Beware Companies Selling Credit ‘Repair’ Services
Consumers have a right to dispute mistakes on their credit reports. But if they’ve made late payments, that can’t be erased, consumer experts say.
September 15, 2023
Why Some Ex-Workers at Bed Bath & Beyond Face 401(k) Losses
Federal law generally protects retirement savings when a company files for bankruptcy. But that’s not always the case.
September 9, 2023
Student Loan Payments Are Due Again. Here Are 5 Things to Know.
A three-year payment pause has ended in October. A more affordable repayment plan is available, and some borrowers will receive a fresh start.
August 31, 2023
Biden’s New Student Loan Repayment Plan Is Open. Here’s How to Enroll.
The income-driven plan, SAVE, will reduce payments for millions of borrowers, and more will qualify for $0 payments.
August 22, 2023
Credit Card Balances Hit New Peak
Debt rose to more than $1 trillion in the second quarter, a report found — a sign of financial strain for some, even before student loan payments resume.
August 18, 2023
Letter to a Young Crypto Enthusiast (or the Merely Curious)
An ever-growing number of young people, males in particular, have bought cryptocurrencies. Here’s some advice, without the finger-wagging.
August 13, 2023
A New FAFSA Form Is Coming, Along With Changes in College Aid
In addition to the new form, the federal government will expand eligibility for federal aid in the biggest overhaul in decades.
August 11, 2023
Discharging Student Debt in Bankruptcy Is Supposed to Be Easier Than Before
Last year, the Biden administration provided a new path to make it easier to discharge student loans in bankruptcy. The results appear promising, but success has been limited.
August 9, 2023
Why It’s Smart to Revisit New Year’s Savings Goals Now
There’s still time this year to make adjustments, especially with the coming resumption of student loan payments.
July 21, 2023
Do You Qualify for Biden’s $39 Billion Student Debt Cancellation?
The Education Department announced that more than 800,000 borrowers would see their debt eliminated thanks to fixes made to its income-driven repayment programs.
July 14, 2023
Water Bills Are Rising. Here’s What to Do About It.
Consumers face higher costs as water systems replace old pipes and equipment. Shorter showers and water-efficient appliances can help manage the expense.
July 14, 2023
Tips for Canceling Online Subscriptions
It’s easy to sign up but not always so easy to stop a service. The F.T.C. is proposing rules to change that.
July 7, 2023
Retiree Medical Costs Are Expected to Moderate, but Still High
An estimate puts the average cost over a 20-year retirement at about $157,000. That’s almost double the estimate in 2002.
June 30, 2023
It’s Time for Colleges to Guarantee Prices, Before Students Apply
One way to preserve diversity now that the Supreme Court has ruled against two colleges’ race-based admissions policies: Tell people the true price.
June 29, 2023
Overdraft Fees Are Dwindling, Study Finds
But the share of people paying the fees remains unchanged, and they’re often among the most financial vulnerable.
June 16, 2023
How to Get More Affordable Home Insurance as Costs Soar
Weather-driven disasters are causing rates to skyrocket in high-risk regions. But there are things owners can do to save on costs.
June 14, 2023
The Risks of Storing Money in Apps Like Venmo and Cash App
The Consumer Financial Protection Bureau is warning that the funds may be at risk if the app’s parent company runs into trouble.
June 9, 2023
The Student Loan Payment Pause Is Ending. Here’s How to Prepare.
The Supreme Court blocked President Biden’s debt cancellation plan. Borrowers must now resume payments for the first time in three years without that relief.
June 1, 2023
Contributions to College Savings Plans Pick Up as Inflation Eases
Deposits into 529 savings accounts fell last fall and early this year. But experts say the stock market recovery is helping to attract more money.
May 26, 2023
Expect Interest Rates on Federal Student Loans to Rise
Rates for undergraduate loans could top 5 percent next school year, adding pressure on families already struggling to pay for college.
May 19, 2023
The Daughter Who Got the Government to Cancel Her Mother’s Debt
Susan Miskin retired from her teaching job in 2019 and didn’t think she’d ever pay off her student loans. Then, her only child stepped in.
May 13, 2023
More Options to Pay for Medical Care, but Some May Be Costly
Consumer experts are warning patients that some offerings charge much higher interest rates than regular credit cards.
May 12, 2023
Mortgage Fees (Seriously) Spurred Outrage on TikTok. Here’s Why.
Changes to fees applied to federal mortgages have led to a misconception that borrowers with low credit scores will pay less at the expense of borrowers with good credit.
May 7, 2023
How to Deal With Rising Auto Insurance Rates
Premiums are up more than inflation, as insurers deal with rising repair bills and higher car rental rates. But consumers do have some options, experts say.
May 5, 2023
Some Colleges Offer Quotes of Competitors’ Prices. Be Wary.
Schools may try to guess other campuses you’re considering and provide a list of their prices. They may not be accurate.
April 29, 2023
Forgot to File Your 2019 Taxes? You Still Can if You Want Your Refund.
The forms were originally due in the early days of the pandemic. The I.R.S. estimates that 1.5 million people are owed money, but they must file by July 17.
April 28, 2023
Say Hi to SoFi. It’s Suing to Force You to Repay Student Loans Faster.
A self-styled “anti-bank” poached good customers from the federal loan system. When pandemic relief made that harder, it sued the government.
April 22, 2023
Rates on C.D.s Are Soaring, but the High Rates May Not Last
Banks are offering the promotional rates to attract deposits. Given concerns about the economy, it’s unclear how long banks will continue to reward savers.
April 21, 2023
Charles Schwab’s Deposits Shrink, but Profits Grow Faster Than Expected
The brokerage giant, which has been swept into the turmoil surrounding the banking sector, seemed to ease fears about its financial health in its latest earnings report.
April 17, 2023
The College Data You Probably Can’t Find, but Definitely Need
Fed up with the lack of clear college pricing and other data, these parents hacked the information they needed into usable tools and guides.
April 15, 2023
Funeral Homes Don’t Have to List Prices Online. That May Change.
The rule on price disclosure was written before widespread use of the internet. Regulators are considering an update.
April 14, 2023
Banks Are Closing Customer Accounts, With Little Explanation
Increasing attention to suspicious-seeming transactions has led to some people suddenly losing access to their bank accounts. The reasons are often a mystery.
April 8, 2023
What to Do With Your Tax Refund? Save for Emergencies.
The average refund is down from last year, but still almost $3,000. One option experts recommend is stashing part of it for unexpected expenses.
April 7, 2023
Why Schwab, a Financial Giant, Got Hurt in the Regional Banks Panic
Like Silicon Valley Bank, the company holds billions in bonds that have declined in value. But it has access to billions in cash, if needed, analysts say, and is much more diversified.
March 31, 2023
A Federal Tool Could Soon Make It Easier to Compare Credit Cards
The Consumer Financial Protection Bureau, which already provides some card details, is asking banks for more information about who qualifies for which cards.
March 31, 2023
A Question About Your Money: Has Anything Truly Changed This Week?
Watching the banking industry descend into turmoil is unnerving. But unless your financial goals have changed, embrace inaction.
March 18, 2023
Is My Money Safe? Here’s What Is Covered, and How You Can Do More.
The F.D.I.C. and other entities will protect most people’s bank and brokerage balances. But it’s as good a time as any for consumers to create other backstops.
March 13, 2023
Check Fraud Is on the Rise. Here’s What You Can Do to Prevent It.
Even as fewer people use paper checks, there have been more reports of criminals stealing them from mailboxes and changing the dollar amount and name of the recipient, officials say.
March 10, 2023
Tips on Buying Tickets the Next Time Your Favorite Singer Is in Town
Our columnist thought she’d gotten a good deal on Bruce Springsteen tickets. But could she have gotten a better one? Here’s what she learned.
March 3, 2023
What You Need to Know for the 2023 Tax Season
Doing taxes in 2023 feels a lot like it did before the pandemic. Still, there are some meaningful changes to keep in mind.
February 25, 2023
The E.S.G. Fight Has Come to This: Bankers Suing Lawyers
Kentucky passed a law targeting banks and their climate policies. Bankers sued the attorney general. Whose definition of investment risk should prevail?
February 24, 2023
You Can Use Your Tax Refund to Buy I Bonds, but Should You?
The answer depends on whether you’re looking to get high interest rates now or a safe investment with inflation protection over many years.
February 17, 2023
I.R.S. Decides Most Special State Payments Are Not Taxable
The agency offered the guidance that it had asked millions of taxpayers in 21 states to wait for before filing their returns.
February 11, 2023
A New Option for Moving Retirement Savings When Switching Jobs
Three big 401(k) administrators are making it easier for workers with accounts of less than $5,000 to transfer the money to their new employers’ plans.
February 10, 2023
Life After Layoffs: A Financial Guide
How to get a handle on your finances after being let go from your job.
February 10, 2023
How to Prepare for a Possible Layoff
What you should do while you are still employed, how to retain important data and what you should be doing with your money.
February 10, 2023
I.R.S. Tells Millions Who Received State Rebates: Don’t File Just Yet
Tax season is underway. But the Internal Revenue Service is still figuring out whether taxpayers who received rebates last year should count them as taxable income.
February 9, 2023
For More Certainty in Your Retirement Portfolio, Consider Annuities
Higher interest rates made annuities more attractive in 2022. Better quality products are increasingly available, but consumers still need to read the fine print.
February 7, 2023
Many Banks Pay High Rates on Savings. So Why Aren’t You Moving Your Money?
Some online banks offer yields of 3.3 percent or more, but savers may be reluctant to open one because they think it will be a hassle.
February 3, 2023
Politicians Want to Keep Money Out of E.S.G. Funds. Could It Backfire?
States are supposed to act in the best interests of citizens and retirees. Divesting from E.S.G. funds and companies like BlackRock that run them may create legal jeopardy.
January 30, 2023
Easy to Use, Mobile Payment Apps Are Also Easy to Misuse
While they have taken steps to help prevent mishaps, a new report finds they offer few protections if, for instance, users accidentally send money to the wrong person.
January 28, 2023
Savings Accounts for Disabled People Are Opened to More of Them
Only those who became disabled by age 26 have been eligible for ABLE accounts. But Congress raised the age to 46, so more military veterans and others can qualify as of 2026.
January 20, 2023
Your Tax Refunds May Be Smaller This Year
Credits that were expanded as part of pandemic relief have expired, as has the deduction for donations for people who don’t itemize.
January 13, 2023
What to Know About Biden’s Income-Driven Repayment Proposal
Proposed changes to federal student-loan repayment plans tied to income could cut some borrowers’ monthly payments by more than half.
January 10, 2023
For Freelancers, New Federal Help in Saving for Retirement
The Secure 2.0 Act provides for direct government contributions to retirement accounts for low- and moderate-income workers, though that won’t start until 2027.
January 6, 2023
Your 2023 Guide to Low-Down-Payment Mortgages
Facing high interest rates and home prices, some buyers have only a small down payment to offer. But they still have plenty of options.
January 1, 2023
The Downsides of Using ‘Buy Now, Pay Later’
Shoppers can quickly get approved for the services, but regulators are concerned that the loans lack important protections.
December 29, 2022
New Retirement Law Would Bring Twists to Roth I.R.A.s and 401(k)s
Want to transfer money from a 529 plan to a Roth I.R.A. or get an after-tax employee match in your Roth 401(k)? You may be in luck.
December 23, 2022
New Spending Bill Makes It Easier for Americans Saving for Retirement
Several provisions in the spending bill outline new ways employers can help workers save for retirement.
December 20, 2022
Hardship 401(k) Withdrawals, Explained
Most employers allow you to take funds out of your retirement account, but the withdrawals come with significant downsides. Our columnist discusses other options.
December 16, 2022
The Rich Get College Subsidies While the Student Debt Debate Goes On
As debt relief for student loan borrowers faces scrutiny, wealthy families can amass millions of dollars in tax-favored 529 college savings plans.
December 13, 2022
A Guide to Signing Up for Health Coverage
With the deadline near for marketplace medical insurance, a video offers some down-to-earth advice for navigating numerous options and obscure terms.
December 9, 2022
Why Christmas Trees Could Cost More This Year
Inflation and tight supplies are the big reasons. Still, there are some things you can do to keep the price down and still have a natural tree.
December 3, 2022
How to Manage Credit Card Debt When Holiday Shopping
Card balances have been rising rapidly. But there are ways to navigate the gift-giving season without taking on a lot of new debt.
November 25, 2022
How Fairfield University Ended Up With Few Low-Income Students
Fairfield has the lowest percentage of Pell Grant recipients of any college in the United States. But was it a choice?
November 19, 2022
Their Budgets Flush, Many States Are Sending Checks to Residents
Up to 20 are using some of their budget surpluses to help taxpayers deal with high inflation. But some economists worry that the payments could fuel inflation.
November 18, 2022
Biden Administration Offers New Path to Discharging Student Debt in Bankruptcy
The Justice and Education Departments said the process would be more fair and consistent for people in bankruptcy seeking relief on their federal student loans.
November 18, 2022
Kittens? Sex Toys? Pushing the Limits of Flexible Spending Accounts.
The deadline for spending the money in the health accounts is approaching, and people are stretching the definition of eligible expenses.
November 12, 2022
How to Save on High Heating Bills This Winter
As a start, you can turn down the thermostat and insulate doors and windows. Plus, financial help is available to pay bills and to update heating systems.
November 11, 2022
Expect Higher Health Insurance Premiums, but Not a Lot Higher
Benefit costs may go up as much as 6 percent. Wary of driving workers away, many employers may not pass on the full increases, analysts say.
November 4, 2022
Your Paycheck Next Year Will Be Affected by Inflation. Here’s How.
If you get a raise, you may not end up in a higher tax bracket. But more of your income may be subject to Social Security taxes. And you’ll probably pay more for health care.
October 20, 2022
The Student Loan Borrowers Who Keep Missing Out on Relief
In a startling change, many in the Federal Family Education Loan (FFEL) program may no longer be eligible for up to $20,000 in debt cancellation.
October 15, 2022
More States Require High School Seniors to Fill Out Financial Aid Form
Evidence suggests that students who file the federal form are more likely to attend college.
October 14, 2022
The Social Security COLA Will Ease the Sting of Inflation
The cost-of-living adjustment will be 8.7 percent next year, bringing relief to retirees and others who rely largely on the payments.
October 13, 2022
More Companies Offer Emergency Savings Option to Workers
Such rainy-day funds may help attract employees. The plans are meant to support consumers who don’t have a cash cushion for smaller, unexpected expenses.
October 7, 2022
Did You Sell an Old Desk Online? You May Receive a Tax Form.
A law requires online marketplaces to send out a Form 1099-K for sales of $600 or more. Most casual sellers will not owe taxes on the sales, but that’s not always clear.
September 30, 2022
Confused by the New Mortgage Gimmicks? Here’s a Guide.
Mortgage lenders are offering incentives to borrowers, hoping to lure them even as rates soar. It’s up to consumers to sort it all out.
September 29, 2022
The Discount Data That Some Colleges Won’t Publish
Want to know how few students pay full price, or the odds of getting merit aid? The so-called Common Data Set can help, but some schools don’t post it.
September 24, 2022
Inflation May Save You Money on Your Taxes
The government adjusts its tax code every year, including the standard deduction and tax brackets. Rising costs mean big changes next year.
September 23, 2022
Deadlines for Using Up Flexible Spending Accounts Return
Relaxed rules during the pandemic let workers carry over more of the pretax money, which must be spent on health costs or forfeited, but they’re expiring.
September 16, 2022
I.R.S. to Refund Late-Filing Penalties for 2019 and 2020 Returns
But to be eligible for the relief, taxpayers have to file the returns by Sept. 30. The agency says the average refund will be $750.
September 9, 2022
Why Aren’t Student Loans Simple? Because This Is America.
Instead of making higher education free, we subsidize it later through repayment plans and attempts at debt cancellation. The complexity is disrespectful.
September 3, 2022
Beware of Scammers Trying to Capitalize on Student Loan Forgiveness
The recent action on student debt is fodder for spam callers, who often try to trick borrowers into paying for loan cancellation.
September 2, 2022
What to Do if Market Drops Took a Bite Out of Your College Savings
As the stock and bond markets have wobbled, 529 plans have taken a tumble. There’s no one-size-fits-all answer, but you have options.
August 26, 2022
What to Know as the Pause on Student Loans Is Set to Expire
There are signs that the pause on payments and interest on most federal student loans will be extended past the end of this month. But the details on loan forgiveness remain unclear.
August 12, 2022
The Tricky Math of Retiring Into a Downturn
Market declines during the first five years of retirement can have a significant effect on a financial portfolio, but remaining flexible can mitigate the damage.
August 11, 2022
Why College Students May Need Renter’s Insurance
The insurance can help pay for property damaged in a fire or stolen. And replacing clothes, furniture and electronic gadgets adds up.
August 5, 2022
The Case of the $5,000 Springsteen Tickets
Triumphant fans showed up in Ticketmaster’s queue with special codes, only to encounter its “dynamic pricing” system. Was the Boss OK with that?
July 26, 2022
Average Car Payments Hit a Record High. Here’s What to Know.
The average monthly payment is now about $700. But shoppers have options, including looking for less expensive smaller vehicles.
July 15, 2022
Abortion Insurance Coverage Is Now Much More Complicated
In the wake of the Supreme Court ruling, abortion benefits will depend even more on where a woman lives and who provides her insurance.
July 12, 2022
What to Know About Rolling Over Retirement Accounts
A new report finds that I.R.A.s may charge seemingly modest higher fees than workplace retirement accounts. But over time, the difference can add up to tens of thousands of dollars.
July 8, 2022
Pay Down Your Credit Card Balances, and Other Tips for a Slowing Economy
Now is also a good time to put aside emergency savings, financial experts say.
July 1, 2022
Less Takeout, More Produce Swapping: How Inflation Is Altering People’s Behavior
From driving fewer miles to downgrading vacations, Americans are making meaningful changes to their spending. Here’s how five households are coping with the highest inflation in decades.
June 28, 2022
Why Some States Are Expanding Tax-Free Periods
The “holidays” are aimed at helping consumers, but they’re also politically attractive. Tax experts say they provide only modest benefits.
June 17, 2022
Why Adjustable-Rate Mortgages Are Still Risky
The loans’ interest rates are initially low. But while some of their worst features are gone, their rates may still rise considerably over time.
June 3, 2022
They Got the Debt, but Not the Degree
Millions took out student loans for programs they did not complete. For some, debt cancellation would be life-changing. For others, it would hardly make a dent.
June 1, 2022
A Strong Summer Job Market for Teenagers
Economists are predicting the highest rate of employment in 15 years. “Employers suddenly rediscovered teenagers,” one said.
May 27, 2022
A ‘Glitch’ in Federal Health Insurance May Soon Be Fixed
Federal rules make it hard for relatives of people with job-based coverage to qualify for financial help in buying Obamacare insurance. The Biden administration wants to change that.
May 20, 2022
Amateur Investors Rode the Bull Up. Now the Bear Looms.
An estimated 20 million people started trading on their own during the pandemic. Some are shifting strategies as stocks tumble, while others are getting out.
May 18, 2022
Think Twice Before Taking Out a Private Student Loan
Interest rates are rising for both federal and private borrowers. But private loans have fewer protections and are often more expensive, student advocates say.
May 13, 2022
Student Loan Borrowers Don’t Deserve ‘Forgiveness.’ They Deserve an Apology.
Whatever the cost of any student loan cancellation program, it’ll just be money we should have spent on higher education in the first place.
May 13, 2022
When Shopping for Funeral Services, Be Wary
Experts say that when people are making decisions at such a stressful time, they are vulnerable to overpaying. “It’s a good day for the criminal or the dishonest salesperson.”
May 6, 2022
Fed rate increases don’t directly affect mortgages. But home rates will likely keep rising, too.
Mortgage rates tend to track the yield on 10-year Treasury bonds, which is influenced by a variety of factors, including expectations for inflation.
May 4, 2022
The Tale of a Crypto Executive Who Wasn’t Who He Said He Was
The chief operating officer of ZenLedger, a software company, boasted of work for Goldman Sachs and Larry King. Did anyone check to see if it was true?
May 3, 2022
Some Home Buyers Turn to Alternative Financing as Other Options Dwindle
A new study found that even creditworthy shoppers may be unable to find traditional mortgages. But the arrangements often lack typical consumer protections.
April 22, 2022
From Her First $100K to 3 Million Followers
Tori Dunlap’s savings journey turned her into a full-time finfluencer. Her latest partnership aims to help women get together and get started with investing.
April 16, 2022
That Letter Offering to Buy Your Stock? Think Twice.
Known as a “mini-tender,” the bid is usually for a price below market value. Such offers tend to fly under regulators’ radar.
April 15, 2022
How to Save on Your Taxes and Other Last-Minute Tax Tips
You may still be able to reduce your tax bill by contributing to an I.R.A., for instance. And if you have questions, the I.R.S. is offering free walk-in help on Saturday.
April 8, 2022
Energy Funds Lead Again, but Ukraine War Makes Future Uncertain
High oil prices have lifted the shares of energy companies, making that the best-performing sector among funds in the first quarter.
April 8, 2022
Jobless Benefits’ Unintended Fallout: Reduced College Financial Aid
A pandemic program allowed people to exclude the benefits from their income, but in some cases they are still being counted. Here’s what to do.
April 1, 2022
As Home Sale Prices Surge, a Tax Bill May Follow
Single sellers can exclude $250,000 from their taxable profit and married sellers $500,000. The amounts haven’t changed in 25 years.
March 25, 2022
Everyone Has Crypto FOMO, but Does It Belong in Your Portfolio?
A growing array of investment options make it easier to put digital tokens alongside traditional investments. Here’s what to know.
March 24, 2022
Colleges Can Avoid Shutting the Door on Financial Aid Knowledge
We review Whitman College’s financial aid guarantee and Muhlenberg College’s refreshing explainer.
March 18, 2022
What a Federal Reserve Rate Increase Means for You
Rates on credit cards, savings accounts and different kinds of loans move when the Fed changes its benchmark rate. Here’s what you need to know.
March 16, 2022
Government Site for Buying Savings Bonds Shows Its Age
The TreasuryDirect digital system requires old-school paper when customers update their linked bank account. That’s a particular concern as interest in inflation-indexed bonds surges.
March 11, 2022
Worried About Stocks? Think of Ukrainians Under Siege First.
If you have an investment portfolio or own a home, you’ve probably experienced big gains. Here’s how to use those winnings to help.
February 26, 2022
Free Options for Filing Your Taxes
Many of the no-cost online services have age or income limits. But some are available to anyone.
February 25, 2022
Bernie Madoff’s Sister and Her Husband Are Found Dead in Florida
The authorities said it appeared to be a murder-suicide.
February 21, 2022
Rising Mortgage Rates Add to the Challenge of Buying a House
The average rate on a 30-year, fixed-rate mortgage is now the highest since May 2019. And home prices are expected to rise, though probably more slowly.
February 18, 2022
Don’t Expect Higher Savings Rates Anytime Soon
The Fed will probably begin raising interest rates in March, but rates paid to depositors are likely to rise at a slower pace. Here are some of your options.
February 11, 2022
The Last Pandemic Aid Anybody Wants to Need
The government will reimburse up to $9,000 in funeral expenses for deaths related to the coronavirus. But most eligible survivors have yet to get relief.
February 11, 2022
Don’t Touch. Don’t Even Look. Invest Like Your Senators Should.
Stocks are swinging all over the place. It’s a good time to take your hands off the wheel — here’s how to let go.
February 5, 2022
Thousands of Students Missing Out on College Grants, Study Finds
The number of students filling out the Fafsa form has fallen in the pandemic, and the form is used to determine who gets federal Pell Grants, which are aimed at the needy.
February 4, 2022
More Companies Consider Helping Workers Pay Student Loans
Employers see the aid as part of a bid to attract workers, especially as the federal pause on student loan payments ends on May 1.
January 28, 2022
Portraits of Relief
Waves of borrowers in the federal Public Service Loan Forgiveness program are seeing their debts go to zero. Here’s how six of them finally got there.
January 25, 2022
How I Cut My Family’s Cable and Streaming Bill by $170
After I realized we were paying more than $400 a month, I knew I had to do something. Here’s what I learned.
January 21, 2022
Everyone Is Quitting. Here’s the Right Way to Do It.
From understanding why you want to leave to tackling health insurance and retirement plans, here’s your guide to a graceful exit — without leaving money on the table.
January 19, 2022
Bank of America says it will cut overdraft fees this year.
The country’s second-biggest bank will trim its $35 overdraft fee to $10 starting in May.
January 11, 2022
Merit Aid (or Lack Thereof) Makes Early Decision Ever Murkier
Northeastern University won’t estimate how much merit aid it might offer if you get in. Can schools make you enroll if they don’t give you enough?
January 7, 2022
Tax Season 2022: What to Know About Child Credit and Stimulus Payments
First, look in your mailbox for two letters the I.R.S. is sending this month. Make sure the numbers the agency is listing for pandemic aid match yours.
January 7, 2022
‘Buy Now, Pay Later’ Loans May Soon Play Bigger Role in Credit Scores
The credit-rating companies argue that reporting of on-time payments can help shoppers build a credit history. But consumer experts note that late or missed payments can hurt.
December 31, 2021
The White House will freeze federal student loan repayments until May 1.
The Biden administration, under pressure from Democratic lawmakers, announced a three-month extension, citing the resurgent pandemic.
December 22, 2021
A Guide to Holiday Tipping This Year
Who should be on your list — from babysitters to deliverers to restaurant servers — and the typical size of the gift.
December 17, 2021
The Student Loan Pause Was Extended Again. Take Advantage of the Delay.
Payments are now on hold until Sept. 1, and borrowers who were delinquent or in default will get a fresh start. This is how you make the most of the extra time.
December 17, 2021
You’re Going to Work a Long Time. Here’s How to Build in Breaks.
Living longer can mean having a longer career, whether by choice or necessity. Stopping and starting isn’t easy, but it might be worth it.
December 11, 2021
There’s Still Time to Get a Tax Break for Donations to Charity
Through the end of this year, you can take a deduction of up to $600 on your 2021 taxes, even if you don’t itemize.
December 10, 2021
Why Do Christmas Trees Cost More This Year?
There are fewer tree farms these days, and some were hit by severe weather. Plus, both real and fake trees have been affected by higher shipping costs.
December 3, 2021
No Credit Score? No Problem! Just Hand Over More Data.
To determine your risk, start-ups are applying technology to data points as various as your college and the mileage on the used car you want to buy.
November 29, 2021
Time, Money and Chicken Fat: A Guide to Inflation-Proof Gift-Giving
Prices are soaring for almost everything, but a few choice gifts are even cheaper than two years ago. Or show your love by going on your family’s annual “lard run.”
November 26, 2021
Peace Corps Volunteers Fall Through the Cracks of a Student Loan Fix
A deserving group of dedicated people has been left out of the government’s latest patch for the Public Service Loan Forgiveness program.
November 13, 2021
Tips for Holding Down Your Winter Heating Bills
Start with insulating the attic and turning down the thermostat at night. And there’s always your father’s advice: Wear a sweater.
November 12, 2021
Dream of Buying a Home Gets Harder for Single Mothers
Lost pay during the pandemic and high costs threaten strides they had made in homeownership, often a key driver of long-term wealth.
November 11, 2021
It’s Sign-Up Time for Federal Health Insurance
Consumers are likely to see more plan options and lower premiums for next year. “This is a whole new ballgame,” one health expert said.
November 5, 2021
Inflation Bonds Are Getting a Big Rate Bump
The rise in prices has affected not only consumer goods but some government savings bonds, and it could benefit some investors looking for safe spaces for their money.
November 3, 2021
Women May Be Better Investors Than Men. Let Me Mansplain Why.
Overconfidence is bad, and women are less likely to fall victim to it.
October 29, 2021
Credit Card Debt Is Bad for More Than Just Your Finances
A new study says that worries about repaying debt may lead to poor health later in life. So here are some tips for dealing with your bills.
October 29, 2021
How to Protect Yourself From Online Card Fraud
The first tip is to use credit cards for digital shopping because they have federally mandated protections. And be wary of websites that offer brand-name goods at steep discounts.
October 22, 2021
Have an F.S.A.? You May Be Able to Carry Over More Money in 2022.
Workers usually have to spend the money in their health spending accounts by the end of the year. But in the pandemic, employers were allowed to offer more wiggle room.
October 15, 2021
The Biden administration proposes reversing Trump-era rules on socially conscious investing.
The changes open the door to allowing retirement plan administrators to use so-called E.S.G. funds as their default investment option.
October 13, 2021
Seeding Accounts for Kindergartners and Hoping to Grow College Graduates
New York City is giving every public school kindergartner $100 in a college savings account. Here’s why every penny matters.
October 11, 2021
What’s Changed in 13 Years of Writing About the Wealthy
For one thing, they’ve gotten wealthier. But there are still things the wealthy do that other investors can do, too.
October 8, 2021
In a ‘War for Talent,’ Employers Hold the Line on Health Benefit Costs
Companies may be picking up more of the expense while also emphasizing cheaper remote care. Some are offering perks like “lifestyle” stipends.
October 8, 2021
A Guide to Big Changes for Public Service Loan Forgiveness
Hundreds of thousands of borrowers with so-called F.F.E.L. student loans, people who paid late and military members could now get credit for years of payments toward erasing their debts.
October 6, 2021
Private Jet Market Grapples With Surge in Get-Me-Away Demand
Waits for charter flights are longer, and costs higher, as many more of the rich seek to avoid crowded planes and airports.
October 1, 2021
Pandemic Changes the World of Horse Auctions
Traditional speculators, known as pinhookers, are now vying with online buyers looking to invest in something new. The new bidders are driving up prices.
September 24, 2021
A Push for Social Security to Resume Mailing Annual Updates
The government has been urging people to create online accounts. But most haven’t, which means they can’t regularly check for errors.
September 24, 2021
Proposed Tax Changes Focus on the Wealthy
How is that defined? The tax plans in Congress essentially say a wealthy individual earns $400,000 a year. But that figure, a financial psychologist says, is “arbitrary.”
September 17, 2021
What’s Changing in the New FAFSA and What’s Not
The latest version of the federal form for college aid will be available on Oct. 1 for the 2022-23 academic year. But a planned major overhaul of the form may not take effect for several years.
September 17, 2021
With Extreme Weather, Home Insurance Will Cost More. If You Can Get It.
Premiums are already rising. And now insurers are looking at whether homeowners are keeping up the maintenance on, say, roofs.
September 10, 2021
Flood Damage From Ida? Your Homeowner’s Policy Probably Won’t Cover That.
Most flood coverage is offered through a federal program, though some insurers offer extra insurance for sump pump failure.
September 10, 2021
Your Finances Took a Hit From the Pandemic. Here’s What You Do Now.
Find someone wiser than you, check your credit report and taxes, and stop catastrophizing. This is how you can do it.
September 4, 2021
Consumers and Companies Are Buying In on Paying Later
Installment payment services are everywhere thanks to fresh deals with Amazon and Square. It’s a simple idea that can quickly get complicated for users.
September 3, 2021
Tips for Victims of Unemployment Benefit Fraud
The problem emerged early in the pandemic and shows no signs of slowing down, identity theft experts say. Here’s what to do.
September 3, 2021
Change May Be Coming to Your Favorite Wines
Rising temperatures and the risk of wildfires have led some wineries to grow different types of grapes. And some regions that were long overlooked are now producing notable wines.
September 3, 2021
Answers to Your Questions on When to Start Collecting Social Security
More details on why experts advise to wait to claim benefits and on benefits for divorced spouses.
September 1, 2021
How to Make Your Marriage More Financially Equal
Whether you’re newlyweds or not, your marriage can only benefit from a better balance that eases the stress on both of you. But be ready to talk — “we” statements only, please.
August 27, 2021
A Donor Makes a Long-Term Investment: In Mentoring Teens
A co-founder of Home Depot increased his giving for children in the pandemic because, he said, “they don’t always have the tools to deal with what’s happened to them.”
August 13, 2021
Will That College Degree Pay Off?
A new report measures the “return on investment” offered by various higher education programs.
August 13, 2021
Why Do We Make Things So Hard for Renters?
Relief came late, then slowly, and renters have been subject to political brinkmanship. We can do better.
August 6, 2021
Student-Athletes Can Now Earn Money. Here Are the Pitfalls.
College athletes have limited life experience and financial expertise, which makes them ripe for being taken advantage of, wealth advisers say.
August 6, 2021
College Tuition Insurance Gains Attention in Pandemic
The policies have been around for decades. But before buying them, experts say, parents need to determine what they cover and what they don’t.
August 6, 2021
Nonprofits Get a New Type of Donation: Cryptocurrency
There are risks for both the donor and the receiver, starting with the yo-yoing values. A $5 million gift today may be worth $3 million or $7 million next week.
July 30, 2021
Child Tax Credit Payments Have Begun. Should You Opt Out?
While the payments in advance of tax season are a welcome relief for many families, there may be reasons for others to decline the money, for now.
July 25, 2021
A Painting or an NFT of It: Which Will Be More Valuable?
The new technology is raising questions about the risks and rewards of investing in digital art forms.
July 23, 2021
The Pandemic Safety Net Is Coming Apart. Now What?
The eviction moratorium expires at the end of the month. Unemployment enhancements after that. And then the student loan pause, food stamp provisions and more. Here’s advice on how to cope.
July 18, 2021
In Fighting Climate Change, What’s an Individual to Do?
Investors can look for companies that reduce or remove carbon from the atmosphere. Working from home helps, too, as does rooftop solar.
July 16, 2021
What You Need to Know About Campus Health Insurance
For some students, their parents’ coverage may be the better choice. The Affordable Care Act is also an option. Here are the pros and cons of the various plans.
July 16, 2021
For Some People, Working From Home Sped Up Their Decision to Retire
Those near the top of the income ladder said it had given them a different perspective on work. As one financial manager put it, “They’re getting a flavor of what retirement will look like.”
July 9, 2021
The Gift of Financial Education for the New Grad in Your Life
A little professional advice goes a long way, making it a worthy investment for a new graduate entering the working world.
July 9, 2021
With Inflation Rising, Consider the Humdrum U.S. Savings Bond
The annualized rate on Series I (for inflation) bonds is now 3.54 percent. That’s a lot more than savings accounts are paying.
July 9, 2021
Quest to Help Diabetic Son Endures With a Different Kind of Giving
Sean Doherty set up a private equity-like fund with other parents four years ago. Some investments in research have worked. Some haven’t.
July 2, 2021
FEMA Can Help With Covid-19 Funeral Costs. Here’s What to Know.
The agency has changed its rules to cover deaths that occurred early in the pandemic, when the coronavirus wasn’t always cited on death certificates.
July 2, 2021
What You Need to Know About the Child Tax Credit
In mid-July, millions of families will get the first of six monthly payments of as much as $300 per child from the U.S. government.
June 25, 2021
The Pandemic Changed How Musicians and Investors See Royalties
When live performances stopped, artists looked for ways to take control of their music, and more investors got interested in a new type of asset.
June 25, 2021
The Young Fall for Scams More Than Seniors Do. Time for a Warning.
Stop it with the ageism and delusions of invincibility. Young adults often don’t recognize the bad checks coming at them, or fake job offers, either.
June 25, 2021
Banks Slowly Offer Alternatives to Overdraft Fees, a Bane of Struggling Spenders
Aggressive overdraft fees are worth tens of billions of dollars a year to the banking industry. Account holders are finally getting some better options.
June 22, 2021
Add Boats to the List of What’s Hard to Find (and More Expensive)
Sales and charters of boats of all sizes are up this summer. You can forget about bargaining, brokers say.
June 18, 2021
That Cheap Car Rental May Be a Fraud
With supplies down and prices up, criminals are moving in, consumer watchdogs warn. Here’s how to avoid becoming a victim.
June 18, 2021
From the Heart to Higher Education: The 2021 College Essays on Money
Each year, we ask high school seniors to send us college application essays that touch on money, work or social class. Here are five from this year’s incoming college freshmen.
June 18, 2021
With Start of Hurricane Season, It’s Time to Consider Flood Insurance
Most policies are issued by the government, which plans to change the way it prices its policies in the fall to better reflect climate risks.
June 11, 2021
A Federal College Loan Program Can Trap Parents in Debt
The popular parent PLUS loans are made without regard to the ability of borrowers to repay, and have fewer protections when they can’t.
June 6, 2021
Tips for Teenagers on Landing a Summer Job
Openings abound now but may go quickly, so it’s wise to submit applications soon. And don’t wear jeans and a T-shirt to the interview.
June 4, 2021
Interest Rates on Federal Student Loans Will Rise in July
Despite the uptick, one financial aid expert says rates “are still very low.” The new rates for undergraduate loans for next school year are expected to go up nearly a percentage point.
May 28, 2021
How to Tell if a Company’s Claim of Ethical Practices Is True
A lawsuit against an egg company that says its products “value animals” raises the question: What criteria can investors and consumers use?
May 28, 2021
How to Buy Happiness (Responsibly)
The great reopening offers ample opportunity to lift your spirits if you have some money to spare. Here’s how to do it right.
May 28, 2021
How the Pandemic Has Changed Attitudes Toward Wealth
Americans found that money cannot buy everything, and they used their wealth to build relationships and help others, according to two recent surveys.
May 21, 2021
Faith-Based Investing Makes Up Ground in Gains and Convenience
Investing according to theological beliefs “is much easier to do now,” a wealth adviser said. It’s also as profitable as investing without a religious screen, and no more risky.
May 14, 2021
How to Navigate a Hot Housing Market
Competition for homes in many cities is leading potential buyers to take steps they may not have considered a short time ago, including waiving the inspection.
May 14, 2021
High Schools Are Posting Their College Lists. Don’t Be Misled.
The rosters showing where seniors are headed say little about the role that money and value played in their decisions.
May 7, 2021
Beware of Car Towing Companies That Patrol Private Parking Lots
Your car may have been towed for legitimate reasons — you parked in a loading zone, for instance. But in some cases, you may have been the victim of a towing company looking to earn fees.
May 7, 2021
Help Wanted: Someone With Money and Connections
SPACs have taken off during the pandemic, and they’re looking for directors who can help find a company to merge with.
May 7, 2021
Banks Were Allowed to Give People More Access to Savings in the Pandemic
But the rule change by the Federal Reserve Board didn’t require banks to drop their limits, and some haven’t.
April 30, 2021
How the Wealthy Are Trying to Anticipate Biden’s Tax Increases
Financial advisers say they have been flooded with calls from clients who are trying to predict which of President Biden’s tax proposals will become law.
April 30, 2021
Trading Stock Tips on TikTok, Newbies Are Deeply Invested in Learning
Self-taught and sharing what they’ve found out, a new generation of retail investors is taking the markets — and not memes — seriously.
April 28, 2021
How Identity Thieves Took My Wife for a Ride
Auto insurers try to make it easy to sign up for a policy. Those efforts have given an opening to scammers.
April 27, 2021
Wealthy Families Look to Help Family Businesses in the Pandemic
For the wealthy, an investment that gets around funds’ high fees and may earn good returns. And for the companies, a needed infusion of cash when other options have disappeared.
April 23, 2021
You Still Have Time to Ask Colleges for More Financial Aid
Here are some tips on appealing your offer, especially if your finances have changed. Schools “are keenly aware” of flexibility needs, one expert says.
April 23, 2021
Realtors Want to Sell You a Home. Their Trade Group Backs Evicting Others.
The National Association of Realtors is advocating an end to a pandemic-era order meant to keep renters in their homes.
April 17, 2021
That Popular S.U.V. Is Going to Cost You
Demand plus production delays have tightened the supply of new models. That means fewer deals. The only good news? Your trade-in may get a better price.
April 16, 2021
A Family Opens Up About Its Investing Mistakes
The family behind the Nathan Cummings Foundation agreed four years ago to invest more of the endowment in social justice causes. In a new report, it discusses how difficult that was.
April 16, 2021
We Asked Congress’s Freshmen to Give Up Stock Trading. Few Were Willing.
Playing individual stocks is a losing strategy more often than not, and it poses political risk. But only a handful of newly minted lawmakers saw it that way.
April 10, 2021
Without Parties, There’s No Place to Show Off That Expensive Watch
Persuading people to spend a lot of money on luxury goods is more difficult in the pandemic. “Why do I put on a $200,000 timepiece if I have a clock on my microwave?”
April 9, 2021
The Tax Filing Deadline Was Delayed, but Read the Fine Print
The federal government and most states pushed back the date to May 17, but others have gone their own way. And if you make estimated tax payments, the deadline remains April 15.
April 9, 2021
An Argument for Investing Where the Return Is Social Change
A new report makes the case for investments that consider impact first and financial return second. But critics say such investments are mainly for the wealthy.
April 2, 2021
Pandemic Helps Stir Interest in Teaching Financial Literacy
Two dozen states are considering bills on the subject. Proponents say student debt and heightened interest in economic inequality are behind the efforts.
April 2, 2021
Summer Camps See Rebound in Interest
After resisting in 2020, many parents see an antidote to a school year when their children have been glued to a computer screen.
March 26, 2021
Where’s My Stimulus Payment? Maybe in Your Account. (Finally!)
The latest round of payments are the biggest yet, and open to more kinds of dependents. But some hassles encountered in past rounds could show up again, and maybe new ones, too.
March 17, 2021
Desperate for a Trip? Here Are the Questions to Ask Before You Go.
Travel has become a lot more complicated. Now, the calculations include whether you want to fly and what safety measures are in place at the hotel.
March 12, 2021
The Tax Headaches of Working Remotely
“Each state has its own rules,” one tax expert says. So if you worked in a state other than your usual one in 2020, here are some tips on dealing with the tax season.
March 12, 2021
How the Pandemic Has Changed Your Taxes
New rules for a new reality, from stimulus payments to retirement withdrawals to unemployment insurance, could cut your bill or even generate extra refunds.
March 12, 2021
Lessons From a Year of Pandemic Spending
Lost jobs and lockdowns forced almost everyone to change spending habits. How many of those changes will stick? We talked to five households about their pandemic budgeting.
March 7, 2021
Here’s How to Give to Women’s Causes
While a variety of charitable organizations help women and girls, experts offer advice on finding ones that have a sharper focus.
March 5, 2021
Don’t Pay Tax Penalties on Money You Took From Retirement Accounts
Here’s a guide to avoiding unnecessary taxes on withdrawals made last year.
March 5, 2021
Dad, a Death Sentence and the Planner Who Set Us Straight
A personal finance columnist, a lawyer and an executive whose nonprofit works with cancer patients sound like siblings who would be prepared to deal with their dad’s diagnosis. They still needed help.
February 26, 2021
Home Buyers, Beware: ‘Views Are Not Guaranteed’
All kinds of things can go wrong, especially if you’re buying in an area you’re not familiar with. The advice from experts: Do your homework.
February 26, 2021
Disabled Recipients of Stimulus Aid Are Urged to Save Some in Special Accounts
Advocates for tax-favored ABLE accounts have spread the word about the benefit of putting at least part of the pandemic relief check in one.
February 26, 2021
Raising Money for a Nonprofit? Try a Personalized Approach
A new report found that small changes by gift officers — like getting to know the donor — could reap big benefits for their organizations.
February 19, 2021
More Consumers Complain About Errors on Their Credit Reports
Complaints doubled last year, federal data shows. Some problems may be related to pauses in mortgage and student loan payments in the pandemic.
February 19, 2021
The Question Some Company Owners Don’t Want to Deal With
Tales from two sons whose fathers died without a succession plan.
February 12, 2021
Is My Stimulus Payment Taxable? And Other Tax Questions
With tax filing season about to begin, here’s what you need to know.
February 11, 2021
In ‘Do-Over,’ Enrollment in Affordable Care Act Health Insurance Reopens
The new three-month sign-up period begins Feb. 15, as millions of people have lost their jobs and insurance in the pandemic.
February 5, 2021
A Bigger Risk Than GameStop? Beware the Ponzi Scheme Next Door
Experts have seen an increase in the frauds, many of which are preying on investors who feel they lost out on the market gains of the last few years.
February 5, 2021
So You Just Made a Lot of Money on GameStop. There’s One Catch: Taxes.
Some investors may have notched tens of thousands of dollars in profits. Depending on when they sell the stock, they may owe hefty capital gains taxes.
January 30, 2021
As Bitcoin’s Price Surges, Affluent Investors Start to Take a Look
Cryptocurrencies, originally a way to conduct business outside the financial system, are increasingly seen as an asset akin to private equity or venture capital.
January 29, 2021
Changes in FAFSA May Reduce College Aid for Some Families
A new formula will no longer offer a break to many parents who have multiple children in college at the same time, experts say.
January 29, 2021
With Higher Taxes Possible, Here’s What to Do Now
It’s not clear how many of President Biden’s expected proposals would become law, but it may be better to pay taxes now, when you know the rates.
January 22, 2021
I.R.S. Pushes Back Start of 2020 Tax Filing Season
The agency will start accepting returns on Feb. 12, about two weeks later than usual. But you still have to file by April 15.
January 22, 2021
The Estate Tax May Change Under Biden, Affecting Far More People
In contrast to previous changes, the tax code could be modified in a way that affects everyone who has something of value to leave to heirs.
January 15, 2021
Tips for Reducing Credit Card Debt, Even if Balances Are Already Lower
While American balances are down over all, interest can still add up. If your stimulus check isn’t going to cover basics, consider reducing your debt.
January 15, 2021
Tax Help for People Who Miss Out on a Valuable Credit
A tech group, working with a volunteer program, aims to help more eligible people get the earned-income tax credit.
January 8, 2021
Forget About a Gym. These People Pay Thousands for Personalized Workouts.
“I’m in for $31,000 a year,” a fashion consultant says. That covers a trainer, a nutritionist, an age management doctor and “tons of supplements.”
January 8, 2021
Pandemic Driving Is Still Down, but Will Insurers Grant More Relief?
Many gave drivers a break in the spring. With accident claims remaining below normal, consumer advocates are calling for another one.
January 1, 2021
FAFSA’s Expected Family Contribution Is Going Away. Good Riddance.
The dollar figure that the federal financial aid form spits out has long left families confused and despondent. And then there are those great expectations.
December 30, 2020
Small Donations Aiming to Make a Big Splash
Environmental issues may seem too big to tackle, but some smaller foundations have figured out ways to have an impact.
December 25, 2020
Stuck at Home, People Are Splurging on Wine and Spirits
Sales of wine, beer and spirits are up across the board, but “consumers are trading up and spending more,” one analyst said.
December 18, 2020
A Worrisome Drop in College Aid Applications
The pandemic has already led to one “lost class” of freshmen. The low rate of completing the financial aid form may signal another.
December 18, 2020
Workers Tap Retirement Savings as a Last Resort
At least two million workers have turned to their workplace retirement plans for cash under temporary rules created during the pandemic. But so far, most people have left their accounts alone.
December 17, 2020
Video Classes. No Chance Meetings. Is Virtual Business School Worth the Cost?
Students in the M.B.A. class of 2021 have been hit particularly hard. The degree can cost $200,000, not counting lost wages.
December 11, 2020
It’s ‘Debt Parking’: When Fake Debts End Up on Your Credit Report
The F.T.C. recently took its first legal action to stop the fraud. Consumers may not know the debts are on their reports until they apply for a loan.
December 11, 2020
A New Way to Invest for the Vengeful and the High-Minded
Big investment managers are buying up companies that help with so-called direct indexing, which offers clients a way to boot individual companies from their portfolios. It has tax benefits, too.
December 4, 2020
Invest Like a Pro (Athlete)? It Could Be Profitable, and Risky
With interest in private investments on the rise, getting into deals can take more than money. The cachet of pro athletes is one group’s way of differentiating itself.
December 4, 2020
Groups Trying to Open Golf to Young People Are Struggling Themselves
Even as more young men and women in need want to play, the pandemic has made it more difficult for nonprofits to raise money.
November 27, 2020
Making Financial Decisions When You Don’t Have All the Facts
The president-elect is considering tax changes that could affect stock sales, selling a family business and leaving money to heirs. But we still don’t know how much he’ll be able to do.
November 20, 2020
It’s Easier to Get a Tax Deduction for Donations This Year
Under the pandemic relief program, taxpayers can deduct up to $300, even if they take the standard deduction. And even if $300 doesn’t sound like much, it’s “a big deal” to the needy.
November 20, 2020
Think Obamacare Health Plans Cost a Lot? That’s Not Always True
Millions lost their insurance, along with their jobs, during the pandemic. But many people are eligible for financial help.
November 13, 2020
Demands on Nonprofit Groups Rose in the Pandemic, Even as Volunteering Fell
A new study found that two-thirds of all volunteers had started giving less of their time or stopped entirely.
November 13, 2020
How One Entrepreneur Changed Her Business Model in the Pandemic
Sarah Figueroa started Geojam with the goal of connecting fans at concerts. When those events were halted, the company decided to connect fans directly to the artists.
November 6, 2020
More Workers Get Help in Building Rainy Day Savings
The pandemic has shown the need for a financial cushion. Now, some companies are offering programs that automatically deduct money from paychecks.
November 6, 2020
Reasons to Sign Up for a Health Savings Account
The money grows tax free, and can act as a sort of 401(k) for future health needs if invested. But just 6 percent of account holders do invest the savings.
October 30, 2020
Stressed About the Election? Don’t Take It Out on Your Investments
It may be tempting, one economist says, to think that if your side wins, the economy will be all right. But no matter who wins, it may not be as good or as bad as you think.
October 30, 2020
Social Security Seemed Like a Future Problem. The Virus Changed That.
Even before the pandemic, Social Security’s finances were under growing pressure. The next president and Congress will play a crucial role in what happens next.
October 28, 2020
For Owners Looking to Sell, an Option That Keeps Their Company Intact
A sale to employees keeps the company local, and that may be more important to some owners than getting the highest price.
October 23, 2020
Why 2020 Is Different for Student Loan Payments
Recent graduates usually have to start repaying in November. But because of the pandemic, payments on most federal loans have been suspended until January.
October 23, 2020
Even With Challenges of Pandemic, Health Benefits May Not Change Much
Costs are expected to rise about 4 to 5 percent, in line with increases in recent years, as employers seek to avoid adding to their workers’ stress.
October 16, 2020
Some Real Estate Investors Are Putting More Money in One Basket
While funds own scores of buildings around the country, these people are instead joining others in groups to buy specific buildings in particular places.
October 16, 2020
Private Schools Hold New Attraction for Rich Parents
Schools offering in-person teaching are seeing a rise in applications — even when tuition is $50,000 a year or more.
October 9, 2020
A Challenge to Real Estate Commissions Gains Ground
In a lawsuit, home sellers say that the current system is anticompetitive and that they overpaid. The Realtors association disagrees.
October 9, 2020
Why These Millionaires Are Staying Put Despite a New Tax on Them
The reason has little to do with money. Family and community ties keep them from leaving their state.
October 2, 2020
Taxes Are Due Oct. 15 if You Received an Extension
Even with the usual I.R.S. deadline of April 15 extended to July 15 because of the pandemic, some tax filers said they needed more time. That time is almost up.
October 2, 2020
Apps Will Get You Paid Early, for a Price
Pay-advance apps have been downloaded millions of times, and more employers are offering them as benefits to workers who need cash.
October 2, 2020
How to Predict Merit Aid in a Strange College Application Season
Students may have no test scores, altered grades and compromised extracurricular activities. So how will colleges dole out the discounts?
September 25, 2020
Pandemic Increases Importance of Filing Early for Financial Aid
The new FAFSA form, which is out on Thursday, requires last year’s tax data. But families that have lost income this year may need to take extra steps to qualify for help.
September 25, 2020
As Donations Shift in the Pandemic, New Databases Aim to Help
Donors are giving money in different ways this year, and two new projects are helping them identify the nonprofit groups that can best use their money.
September 25, 2020
Tax Strategies to Embrace, or Avoid, Before the November Election
No one knows the outcome of the presidential race or how Congress could adjust the tax code next year. But there are changes taxpayers can make now, financial advisers say.
September 18, 2020
$2.50 a Year in Interest? That’s What $5,000 in Savings Gets
With the Federal Reserve keeping rates low, home buyers are benefiting. But savers? Their average interest rate is just 0.05 percent.
September 18, 2020
Who Gets Hurt When the World Stops Using Cash
Some people don’t have credit or debit cards, so a growing number of state and local governments are requiring businesses to accept cash.
September 11, 2020
Four Questions to Help Demystify Your Relationship With Money
An author seeks to prompt critical thinking about money and the status and power that are accrued from it. Several experts offered their own take.
September 11, 2020
Weighing Pandemic Risks When Donating to Colleges
A charitable gift annuity is a way to ensure regular income while also leaving a donation behind, but the coronavirus is squeezing some previously solvent schools.
September 4, 2020
Tips on Spending the Money in College Savings Accounts
Funds in 529 plans grow tax free and can be withdrawn tax free if they’re spent on eligible education expenses. But there is some fine print.
September 4, 2020
The New Eviction Moratorium: What You Need to Know
A Trump administration order could allow many renters to avoid eviction through Dec. 31. We answer renters’ questions here.
September 2, 2020
Investing in Social Good Is Finally Becoming Profitable
Impact investments are outperforming traditional bets in the coronavirus crisis, which may be a turning point for wealthy investors looking to generate change.
August 28, 2020
Pictures of Themselves: The 2020 College Essays on Money
Each year, we ask high school seniors to send us college application essays that touch on money, work or social class. Here are four from this year’s incoming college freshmen.
August 28, 2020
In Pandemic, More Are Paying for Direct Access to Their Doctors
Concierge care has grown fast as patients no longer want to sit in a waiting room with strangers. But it comes at a high price.
August 21, 2020
Helping Girls Step Up to Entrepreneurship
After the pandemic forced parents to revise summer plans, interest surged in a virtual program called Girls With Impact, which aims to teach financial literacy.
August 14, 2020
New Fee on Some College Bills: It’s for the Virus
Students are being asked to share the costs of testing and reconfiguring campus facilities. The fees range from $50 to $475 a semester.
August 14, 2020
The ‘Indirect’ Costs at College Can Involve Nasty Surprises
Expenses for books, transportation and food outside a meal plan may be a problem for poor and moderate-income students, a new report finds.
August 7, 2020
More Wealthy Families Are Throwing a Lifeline to Distressed Businesses
The pandemic has created an opportunity for family offices to take a more hands-on approach by investing directly in companies that need capital.
August 7, 2020
Interest Rates Are Low, but Loans Are Harder to Get. Here’s Why.
Banks have tightened standards, becoming more choosy about their borrowers and asking a lot of questions.
August 4, 2020
Can’t Afford a Birkin Bag or a Racehorse? You Can Invest in One
Interest in fractional investments has grown as the pandemic has forced more people to spend time at home, but advisers say the strategy has risks.
July 31, 2020
Need Help With Your Estate Plan? Go With the Flow, Advisers Say
As older adults face mortality during the pandemic, lawyers and wealth advisers are using color-coded documents and flowcharts to help them understand estate planning.
July 24, 2020
16 States Go Ahead With ‘Back to School’ Sales Tax Holidays
Schools may not reopen, and the “holiday” cuts into government revenue. But during a pandemic, states may be thinking, why not offer a bit of relief?
July 24, 2020
Are You Eligible for Food Stamps Now? Maybe, but It’s Complex
States run SNAP, and many students and older people don’t realize they’re eligible. Without more federal support, millions more may qualify.
July 17, 2020
New Tools for Home Buyers as the Pandemic Upends Real Estate
As homeowners rethink their surroundings and rush to relocate, companies are offering creative ways to help ease a fraught process.
July 17, 2020
Financial Brokers Must Now Act in Your ‘Best Interest.’ What Does That Mean?
A new standard established by the Securities and Exchange Commission may sound better than it actually is, consumer advocates say.
July 16, 2020
Auctions Are Crimped as the Pandemic Forces Them Online
As sellers look to shed valuable items and buyers look to collect them on the cheap, auction houses are learning to adapt with virtual events.
July 10, 2020
Delayed by Virus, Tax Day Is Here
“It’s just like April 15, but in July.” Here’s what you need to know. And if you’re owed a refund, be prepared to wait: The I.R.S. has a huge backlog.
July 10, 2020
Students May Qualify for Special Jobless Benefits
While traditional unemployment insurance usually leaves out students, they may be eligible for federal pandemic aid. But some states don’t make it easy to get.
July 3, 2020
How Investors Are Addressing Racial Injustice
Different strategies for socially responsible investing are working toward a similar goal: to pressure companies and municipalities to operate more equitably.
July 3, 2020
Fraudulent Jobless Claims Slow Relief to the Truly Desperate
Hundreds of millions of dollars went to bogus applications, triggering long reviews for others as scammers hide in a torrent of benefit requests.
July 2, 2020
Philanthropy Rises in Pandemic as Donors Heed the Call for Help
Giving has surged during the coronavirus crisis, eclipsing donations during the 2008 recession and after the Sept. 11 terrorist attacks, two reports show.
June 26, 2020
Virus ‘Dramatically’ Narrows Teenagers’ Summer Job Prospects
The only potential bright spot? Summer hiring is happening later than usual, so positions may open.
June 26, 2020
Used Cars From Shrinking Rental Fleets May Not Be the Steal You Expect
While there are good deals to be found, particularly in the wake of Hertz’s bankruptcy filing, buyers shouldn’t count on fire-sale prices, experts say.
June 19, 2020
Pandemic Is Expected to Bring More Lawsuits, and More Backers
An investment strategy that funds lawsuits is expected to grow as more companies become involved in litigation during the economic downturn.
June 19, 2020
Wealth Advisers Torn Over Taking Small-Business Aid
Independent wealth management firms that accepted a loan from a government relief program are facing blowback from those that declined the money.
June 12, 2020
Should Funeral Homes Be Required to Post Prices Online?
Funeral homes must provide prices to consumers in person but not on their websites. The F.T.C. is considering a change to the decades-old rule.
June 12, 2020
The Stark Racial Inequity of Personal Finances in America
Economic equality is crucial to racial equality. But at nearly every stage of their lives, black Americans have less than whites.
June 9, 2020
How a Tax Benefit for Developers Could Backfire in the Pandemic
As the coronavirus crisis pushes down real estate values and deals fall apart, investors stand to lose millions, and may even get hit with extra penalties.
June 5, 2020
Home Prices Are Rising, Along With Post-Lockdown Demand
The real estate market is challenging this spring — all the more so because lenders are checking, and rechecking, borrowers’ finances in response to the economic turmoil of the pandemic.
June 5, 2020
Stock Market Turmoil Took Toll on 529 College Accounts
A study by Morningstar found that losses particularly affected families with younger children who opted for age-based investments heavily weighted in stocks.
May 29, 2020
Pandemic Has Increased Money Anxiety. Therapists Hope to Cure That.
Interest in financial therapy rose after the 2008 recession, as Americans confronted their fears about money. The field has become relevant again, professionals say.
May 22, 2020
Interest Rate on Federal College Loans Is About to Hit a Record Low
It will drop to 2.75 percent for new loans for undergraduates. That’s a “silver lining” of the current economic turmoil, an advocate said.
May 22, 2020
When Sheltering in Place Puts Your Tax Strategy at Risk
Advisers say taxpayers facing residency questions because of quarantine orders need to keep detailed records to explain where they lived, for how long and why.
May 15, 2020
One Side Effect of the Virus: Free Credit Reports Each Week
That’s an improvement over the normal once-a-year limit. While it won’t fix potential credit woes, it can be a helpful tool to stay on top of your finances.
May 15, 2020
There’s Money Stuck in Your Dependent Care Account. Now What?
After-school programs are closed. Day care centers are shut down. Summer camp might not happen. If you’re stuck with money you can’t use, you’ll lose it.
May 9, 2020
The Pandemic Has Slowed the Divorce Process. Here’s What to Expect.
Courts are closed or operating on a limited basis, complicating efforts to end a marriage or renegotiate spousal support.
May 8, 2020
What Happens If You Are Sued by a Debt Collector?
A new study says the lawsuits were already the most common civil cases in many states. Now, even more people are in financial trouble.
May 8, 2020
Didn’t Get Your Stimulus Payment Yet? Here’s What to Do
Tens of millions of people have already received their payments, but if you haven’t, these are the things you should check on.
May 5, 2020
Colleges Won’t Refund Tuition. Autumn May Force a Reckoning.
Educators at schools from Brown to Northern Arizona know the experience is lacking. So why won’t they give some money back?
May 1, 2020
In Philanthropy, Race Is Still a Factor in Who Gets What, Study Shows
Nonprofit groups led by black and Latino directors lag behind peers with white leaders, but two leading philanthropic organizations hope to change that.
May 1, 2020
Health Savings Accounts Add Options in Pandemic, Including Telehealth
Insurance plans with H.S.A.s may also cover coronavirus testing while keeping the tax perks.
May 1, 2020
For Most Food Stamp Users, Online Shopping Isn’t an Option
Rules and store technology can impede Supplemental Nutrition Assistance Program recipients, but a pilot effort to expand access is picking up speed.
May 1, 2020
Denied, Deferred and Ignored: 13 Applications, and No Relief
Fearing they might lose their business, Graceann Dorse and her husband have applied for aid from federal, state, city and private groups, but they have had little success so far.
April 24, 2020
Beware the Fees That Come With Some Money Transfers on Apps
Banks may now charge for payments that are linked to credit cards, treating them as cash advances with interest accruing immediately.
April 24, 2020
‘I Didn’t Want to Shut My Doors’: Businesses Find Ways to Survive
Faced with closings and plunging sales while more Americans lose their jobs, entrepreneurs are becoming more nimble.
April 17, 2020
Bogus Vaccines. Fake Testing Sites. Virus Frauds Are Flourishing.
By telephone, phishing emails, text messages or social media promotions, unscrupulous actors are using their warped creativity to separate people from their cash.
April 17, 2020
Here’s What the Relief Packages Give Self-Employed Workers
Tax credits for sick leave, expanded unemployment insurance, tax changes and more.
April 10, 2020
Virus Relief Efforts Give Rise to New Tax Strategies
Government plans to ease the financial impact of the pandemic have created significant opportunities to reduce personal and business tax bills for years.
April 10, 2020
Property Taxes Are Probably Still Due Despite Coronavirus
Local governments rely on them to pay for services like trash pickup and the public schools. But some are trying to give flexibility to homeowners in financial trouble.
April 10, 2020
For Small-Business Owners, Hard Decisions Become Personal
As entrepreneurs determine how to keep their businesses afloat, some choices could seriously harm employees who have worked for them for years.
April 3, 2020
You Have an Extra 3 Months to File Your Taxes. Should You Wait?
If you’re owed a refund, it may be better to file quickly. You can also file your return now but wait until July 15 to pay any taxes owed.
April 3, 2020
How Philanthropists Are Helping During the Crisis
Their strategies could inspire other donors who want to know the quickest ways to ensure their dollars have the biggest impact.
March 27, 2020
How to Build an Emergency Fund in the Middle of an Emergency
Every little bit can help.
March 20, 2020
Once Scrutinized, an Insurance Product Becomes a Crisis Lifeline
The I.R.S. stepped up its crackdown on abuses of “captive insurance” in January, but the vehicle may prove its worth during the coronavirus outbreak.
March 20, 2020
What You Need to Know About Unemployment Insurance
The coronavirus outbreak is closing down some businesses, leaving workers unsure how they can support themselves during the crisis. This is how unemployment works.
March 17, 2020
Which Consumer Lenders Are (and Aren’t) Helping the Most
Goldman Sachs, a punching bag during the last economic catastrophe, is leading the way as the coronavirus outbreak threatens consumers’ livelihoods. Ally Bank, a bailout beneficiary last time, hasn’t matched it.
March 17, 2020
Your Money and the Coronavirus: You Asked, Experts Answered
Advice on stocks, bonds and cash; timing the market; selling a house; whom to trust — and more.
March 13, 2020
Retiring Into a Shaky Market? Think Long Term Anyway
Americans in their mid-60s could live nearly three more decades, research shows, so a healthy dose of stock in your portfolio is actually prudent now.
March 7, 2020
Yachts Are for More Than Lounging
Some who own or charter superyachts want to take them on adventures, but the risks are high and insurers are balking.
March 6, 2020
How Not to Become a Victim of Social Security Fraud Calls
Regulators report thousands of complaints about the calls. Here are some tips on protecting yourself, and your money.
March 6, 2020
Your 8 Most Vexing Tax Questions, Answered
Changing rules have led to taxpayer confusion. We asked accountants and other specialists to help sort it all out.
March 5, 2020
A Gig Worker’s Guide to Filing Taxes
Freelancers and independent contractors have more issues during tax season than traditional employees. Here’s what you need to know.
March 5, 2020
The Flaw in Warren Buffett’s Estate Plan
Mr. Buffett has instructed his executors to not sell any shares of his firm, Berkshire Hathaway. But these types of directives typically result in lawsuits.
February 28, 2020
That Digital Textbook? Your College Has Billed You for It
Publishers say the program saves students money. But some student advocates say colleges are often not making clear how to opt out or even how much students are saving.
February 28, 2020
Freaked Out by the Stock Market? Take a Deep Breath
When the stock market shudders a few days in a row, it is tempting to do something, and fast. Read this first.
February 26, 2020
Don’t Let the Wrong State Get Between You and Your Assets
Where couples start “living apart together,” for instance, can make a big difference if they divorce. State laws can also affect trusts and other financial transactions.
February 21, 2020
Got an Unexpected Check in the Mail? It May Be Fake
Check scams are on the rise, the F.T.C. says, and many of the victims are in their 20s, with little check-writing experience.
February 21, 2020
2 Tax Strategies to Consider Ahead of the 2020 Election
Planning for changes to the estate tax and the valuation discount for small businesses can be challenging. Here’s how to take advantage of them now.
February 14, 2020
Tips for Decoding College Financial Aid Offers
Schools often use different jargon for the same types of aid or loans. Student advocates offer suggestions on how to figure out what you’ll pay.
February 14, 2020
3 Steps to a Socially Conscious Portfolio
So you want your investment holdings to reflect your values and you’re confused by all the so-called E.S.G. funds. Here’s how to start.
February 14, 2020
How a Vegan Ends Up With Leather in Her Portfolio
To invest while supporting animal welfare, socially conscious funds may support Chipotle, but not Burger King and its Impossible Whopper.
February 7, 2020
Helping Towns by Seeding Their Own Backyard With Start-Ups
EforAll fosters local entrepreneurship by supporting aspiring small-business owners who have ideas but lack capital and connections.
February 7, 2020
More States Require Students to Learn About Money Matters
The courses reflect a broader realization that ‘people are responsible for their own financial future.'
February 7, 2020
Why It’s So Hard to Make an Endowment More Socially Responsible
Students at the University of the South sought more transparency and sustainability. Were they too polite?
January 31, 2020
Phone Hacks Can Happen to Anyone. Here’s How to Protect Yourself.
Start by knowing what could expose you to an attack, like vacation clues, hotel Wi-Fi and inadequate verification procedures.
January 31, 2020
Many Adults Are Helping Their Parents Financially Despite Strain
In a new AARP survey, one in three gave money for needs like groceries and housing. “This is not about helping Mom and Dad take another cruise.”
January 31, 2020
Got a Raise? It’s Time to Bump Up Your Savings, Too
A new analysis finds that people who don’t increase their savings rate when their pay goes up will have a harder time in retirement.
January 24, 2020
Federal Workers Profit From Tobacco and Oil, Even If They Don’t Want To
The Thrift Savings Plan for retirement savings mirrors index funds that invest in such stocks. There’s a fix.
January 17, 2020
A New Generation Seeks to Give It All Away Now
Families create foundations typically to establish a long-term philanthropic legacy, but a new study shows some want to see the immediate impact of their giving.
January 17, 2020
The Secret of Their Success: It’s Not About the Money
Bob Parsons and David Neeleman each built successful businesses in competitive industries by offering exceptional experiences, not chasing wealth.
January 10, 2020
How to Get Socially Conscious Funds Into Your 401(k)
Your colleagues choose the investments. Be polite. Respect their duty to act in your best interest. Bring friends. And keep trying.
January 10, 2020
New Law Expands Uses for 529 College Savings Accounts
Under the Secure Act, approved in December, up to $10,000 can be used to repay student loans. The law also allows 529 funds to be used for apprenticeships.
January 10, 2020
Opening the Door to Unicorns Invites Risk for Average Investors
Regulators are considering easing regular people’s access to the private market where promising start-ups get their funding.
January 4, 2020
Tips for Paying Off Your Holiday Credit Card Debt
Experts suggest everything from following a three-month repayment plan to selling used clothes and toys or temporarily reducing your 401(k) contributions.
January 3, 2020
No Line to Board Private Jets, but There Is a Line to Buy Them
Despite the hefty costs of owning a private plane, this has been a banner year for sales. That’s mainly because of a big tax break and a strong economy.
December 27, 2019
Country Clubs Where Drives Can Hit 150 M.P.H.
The private Concours Club in Miami aims to create a golf club feeling for car enthusiasts. Tracks like it are scattered across the U.S., but they aren’t cheap.
December 20, 2019
Battle Over a $9 Million Will Rests on Just One Clause
Three charities say they’re the heirs to a woman’s estate. But the daughter of the woman’s partner argues that she’s the victim of bias against common-law gay marriage.
December 13, 2019
Check Out the New W-4 Tax Withholding Form. Really.
The first major redesign since 1987 is simpler and reflects tax code changes, the I.R.S. said. Workers should make sure it also reflects what they owe.
December 13, 2019
When U.S. Citizenship Starts Looking Like a Bad Deal
A potential wealth tax or higher levies on capital gains are just two reasons, beyond politics, that are raising thoughts of renunciation.
December 6, 2019
Last Tax Season Was a Mess. Now’s Time to Prepare for This One.
If you didn’t change the tax withholding in your paycheck, you still have time to avoid another unpleasant surprise — or even a fine.
December 6, 2019
Signing Up for an H.S.A.? First Figure Out How You’ll Use the Money
Some plans work better than others, depending on whether you’ll be spending on current medical costs or future ones, a new analysis finds.
December 6, 2019
Yes, You Can Get Free Trading. But There’s Often a Catch.
A price war has driven the cost of some stock trades to zero. But brokerages have to make money somehow, and here are some of the ways.
November 29, 2019
Climate Change Adds Wrinkle to Art Collectors’ Concerns
No longer can owners just buy a general insurance policy and leave it at that. The threat of more intense storms means collectors need to keep track of their holdings.
November 29, 2019
New Rating System for Charities Aims to Measure Impact of Gifts
Donors don’t want their money misused or used less effectively than it could be. ImpactMatters joins several well-established rating sites.
November 22, 2019
FAFSA Says How Much You Can Pay for College. It’s Often Wrong.
The form opens the door to student aid. But it’s “a terrible measure of what people can actually afford,” one expert said. And many families will be asked to pay more, anyway.
November 15, 2019
Average Start for 529 College Savings (Age 7) Is Costly, Study Finds
Many families wait too long to open accounts and lose out on a chance to let their money grow more, Morningstar reported.
November 15, 2019
Raise Billions From Billionaires? Tax Experts Say It’s Not That Simple
Name a tax and there’s a way to reduce it, delay it or not pay it. Financial advisers say a wealth tax would be no different.
November 15, 2019
A New Generation Stakes Out a New Path for Charitable Giving
The Huntsman family just made a $150 million gift for mental health research and care. The father had concentrated his donations on cancer research.
November 8, 2019
Mastercard to Offer Cards Aimed at Transgender and Nonbinary People
The cards, to be issued by some banks, will let customers use their chosen names. The goal is to avoid potential bias.
November 8, 2019
How to Talk About the Family Money
Fighting over the family assets is usually about far more than that. Money is often how we keep a tally of love, approval and fairness.
November 6, 2019
The 100-Year Family: Here Are Some Tips for Becoming One
Research shows that one of the most important differences between those who maintain their wealth and those who don’t is communication.
November 6, 2019
Don’t Save Too Little, or Too Much
Finding the balance between financial security and enjoying life is tricky. Here are some suggestions for how to do it.
November 6, 2019
How to (Gently) Help Your Aging Parents Manage Their Money
Helping with their finances before a crisis erupts is a smart move, but a tricky one. Experts suggest some strategies that work.
November 6, 2019
Thinking About Giving Money to Adult Children? Think Again
While helping to support young adults might seem like the compassionate choice, it can often do more harm than good.
November 6, 2019
When It Comes to Money, Silence Is Rarely Golden
No matter how difficult, honest financial conversations among family members are almost always the best choice. Here are some ways to do it.
November 6, 2019
Wait a Minute. How Can They Afford That When I Can’t?
Those expensive vacations and costly college educations may not be as hard-earned as you thought.
November 6, 2019
There Are Billions in Unclaimed Assets Out There. Some Could Be Yours.
Estimates vary, but government agencies have tens of billions of dollars’ worth of bank accounts, insurance policies and other forgotten holdings.
November 6, 2019