Damir Khabirov | iStock | Getty Images Some Americans who are eagerly awaiting their coronavirus stimulus payments may be in for an unwelcome surprise: less money than they had expected. News that $1,200 payments are coming to individuals and $2,400 for couples has made headlines since Congress passed the CARES Act in March. Dependents are
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Hero Images | Getty Images In an uncertain period, money may be the first thing to wobble. Over the last few weeks, 16 million filed for unemployment. Many more are frightened about job security. It’s an excellent time to strive for some peace of mind by smoothing out unpredictability. To make matters worse, unexpected expenses
urfinguss | Getty Images A fight could be brewing over your coronavirus stimulus check. Your opponent could be your very own bank. If you have outstanding debts, your stimulus payments could be reduced or taken by creditors or debt collectors, in what 25 state attorneys general called a “legislative oversight” in a letter sent to
Yuka Ioroi, co-owner of Cassava restaurant on Balboa Street in San Francisco manages take-out orders on April 8, 2020. San Francisco Chronicle/Hearst Newspapers via Getty Images Nearly 7.5 million small businesses are at risk of closing their doors permanently over the next several months if the coronavirus pandemic persists, according to a survey. Around two-thirds
Ahmad Alsheikh, 18, was admitted to the Harvard class of 2024. Source: Ahmad Alsheikh For Ahmad Alsheikh, 18, gaining acceptance to Harvard’s Class of 2024 was a lifetime in the making. Alsheikh and his family came to the U.S. from Syria, seeking asylum from that country’s civil war. Yet in starting school as a high school
Sam Edwards | Getty Images Retiring at 65 was already becoming a fading tradition before Covid-19 sank the world’s economy. Now, that traditional retirement age could fall further by the wayside as workers pick up the pieces once the economy gets going again. A survey from Allianz Life Insurance Company finds that half of Americans
Getty Images If you’d planned on making a payment to the IRS on April 15 and now want to reschedule due to the coronavirus pandemic, you’re running out of time. In March, the IRS and Treasury Department announced it would give taxpayers until July 15 to file their 2019 income tax returns and make any necessary payments.
10’000 Hours We are still shopping. But we’re shopping differently. Walmart is selling more tops and fewer pants. Jigsaw puzzles are having a moment. Streaming subscription services are offering longer free periods, and demand is sky-high. In the beginning, people were also panic-buying groceries to be sure they were stocked up. “Now that the normal
Unemployment applications are seen as City of Hialeah employees hand them out to people in front of the John F. Kennedy Library on April 08, 2020 in Hialeah, Florida. (Photo by Joe Raedle/Getty Images) Joe Raedle Americans are applying for unemployment in record numbers as the coronavirus pandemic has effectively shuttered much of the U.S.
A new government tool to file for coronavirus stimulus checks is here, and that’s good news for some Social Security recipients. The government is urging certain individuals to apply using that tool now to make sure they receive timely payments and the full amounts for which they are eligible. This week, the Treasury Department and