Miami Herald | Tribune News Service | Getty Images There are no signs that Congress plans to send a fourth stimulus check to Americans. Still, many individuals and families are clamoring for more money. A Change.org petition calling for $2,000 per month for every adult American, as well as $1,000 per child, that was started
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FREDERIC J. BROWN | AFP | Getty Images The U.S. added 850,000 jobs in June, the most since summer 2020 — which may have some wondering if recent state cuts to unemployment benefits are getting people back to work. The short answer: It’s too soon to tell, according to labor economists. However, available evidence suggests
Tara Moore | Getty Images Most Americans are worried that Social Security will run out in their lifetimes, and those fears have only gotten worse amid the Covid-19 pandemic. That’s according to a survey from financial services company Nationwide, which found that 71% of adults felt that way. Fears about the benefits program were highest
Yamiesha Bell, 27, started a book club focused on personal financial literacy and mindfulness one year ago. Yamiesha Bell In the last year, Raeshanna Mcanuff, 27, a cosmetic chemist, asked for a raise at her job. Adam Sherif, 24, who works at a music talent agency, paid off the first $30,000 of his $60,000 in
Peter Cade | Getty Images While inheriting money is typically a good thing, newer individual retirement account rules may leave some heirs with a smaller windfall. Thanks to the Secure Act of 2019, certain heirs now have less time to take IRA withdrawals. The law stopped the so-called stretch IRA, which allowed non-spouse beneficiaries to
Getty Images There are signs that the U.S. is rebounding from the havoc wreaked by the coronavirus pandemic. In June, the country added 850,000 jobs, more than expected, and is now 7.13 million below the February 2020 level. The Congressional Budget Office said Thursday that the economy is on track to recover all jobs lost
Shoppers in San Francisco. David Paul Morris | Bloomberg | Getty Images Covid-19 vaccinations are increasing, states are dropping their pandemic restrictions and Americans are feeling good about going out and spending after a year and a half spent mostly inside. “We are now coming out of a cave, basically, and there’s a lot of
Allen Weisselberg, center, chief financial officer of Trump Organization, exits from criminal court in New York on July 1, 2021. David Dee Delgado | Bloomberg | Getty Images The Trump Organization and its chief financial officer, Allen Weisselberg, pleaded not guilty to tax crimes on Thursday. Experts say the illegal practices the government alleges occurred
The age at which you claim Social Security helps determine how big your monthly retirement benefit checks will be for life. If you wait until your full retirement age — generally 66 or 67 — to claim, you will get 100% of what you earned based on your contributions to the program. And if you
Jeffrey Coolidge | Getty Images Rising inflation is a concern for Kevin Linehan, 68, a retiree in Fitchburg, Massachusetts. After a heart attack at age 44, Linehan left his career with the Postal Service early, opting for reduced disability retirement income. “It wasn’t the best financial thing to do,” he said. “But at the time,