Justin Paget | Digitalvision | Getty Images If you were fully remote or a hybrid worker in 2023, you may be curious about the home office deduction for your tax return. While fully remote work is now less common, hybrid positions represented 13.1% of U.S. job postings in December, and nearly 20% of all applicants
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Kupicoo | E+ | Getty Images Deciding to combine your finances with your significant other can be a big step in the relationship. Nearly 2 in 5 couples, or 39%, of couples who live together completely combine their finances, whether they’re married or not, according to a new report by Bankrate. How couples handle money
Thomas Barwick | Digitalvision | Getty Images A fight is brewing in Washington over whether the mandatory retirement age for airline pilots should be raised from 65. The debate comes as baby boomers more broadly are reaching “peak 65” — the biggest number of Americans reaching that age in history. With that wave, the U.S.
TikTok‘s latest financial trend, “loud budgeting,” can be as simple as saying “Hey, I don’t want to spend money right now,” Lukas Battle explained on CNBC’s “Power Lunch.” The concept encourages consumers to take control of their finances and be vocal about making money-conscious decisions, rather than modeling purchase behaviors after celebrities and their bottomless
Witthaya Prasongsin | Moment | Getty Images If your tax refund or bill is bigger than expected, it could be time to adjust your paycheck withholding — and a simple calculation could help, experts say. Typically, you get a refund when you overpay taxes throughout the year, and you owe money when you don’t pay
D3sign | Stone | Getty Images Extreme weather and climate hazards are becoming more frequent, posing a unique threat not only for homeowners, but for renters. Over 18 million rental units across the U.S. are exposed to climate and weather-related hazards, according to the latest American Rental Housing Report from Harvard University’s Joint Center for
The U.S. Department of Education announced Monday it is introducing a “FAFSA College Support Strategy” with additional personnel, funding, resources and technology to help colleges process the new Free Application for Federal Student Aid forms after the rollout was repeatedly complicated by a number of setbacks. “We are determined to get this right,” U.S. Secretary of Education Miguel
Guido Mieth | Stone | Getty Images As millions of Americans start filing returns, experts warn that last year’s tax withholding errors could trigger an unexpected bill. The IRS requires tax payments throughout the year and many workers do that via automatic employer paycheck withholdings. Typically, you can expect a refund if you overpaid. By
Americans now owe a collective $1.13 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances increased by $50 billion, or roughly 5%, in the fourth quarter of 2023, the New York Fed found. Credit card delinquency rates also jumped — particularly among
Rockaa | E+ | Getty Images Despite earning more, many Gen Z adults and millennials are having a hard time finding room in their budgets to invest. To that point, 63% of young adults believe the stock market is a great place to build wealth and invest, but many are not participating, according to the
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