Student loan forgiveness advocates rally outside the U.S. Supreme Court building in Washington, D.C., after the nation’s high court struck down President Joe Biden’s student debt relief program, June 30, 2023. Kent Nishimura | Los Angeles Times | Getty Images Nearly a year before federal student loan payments restarted, the U.S. Department of Education warned
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Tom Werner | Digitalvision | Getty Images As the calendar turns to a new year, you may be at risk for losing money if you have a flexible spending account. Many FSA owners have a Dec. 31 use-it-or-lose-it deadline to use the funds they have set aside for the year. The average forfeit of funds
Marco Bello | Reuters The price of bitcoin has surged in 2023 as investors await approval for the first U.S. spot bitcoin exchange-traded fund, which would be a milestone for cryptocurrency investors, experts say. In early December, the digital currency topped $44,000 for the first time since April 2022, and year-to-date gains were above 160%,
Blackcat | E+ | Getty Images Many student loan borrowers are struggling to resume their payments. When the bills restarted after a more than three-year-long reprieve, just 60% of people with federal education loans had made a payment by mid-November, U.S. Department of Education data shows. “The fact that so few borrowers have been able
Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Scott Olson | Getty Images Heading into 2023, the predictions were nearly unanimous: a recession was coming. As the year comes to a close, the forecasted economic downturn did not arrive. So what’s in store for 2024? An economic
Westend61 | Westend61 | Getty Images As we stand on the cusp of the new year, one trend on the investment landscape that has brought significant changes in past years appears unshakeable: exchange-traded funds. The ongoing popularity of ETFs is no coincidence. Historically speaking, stock portfolio and asset management were much like exclusive clubs, since
Sdi Productions | E+ | Getty Images While tax breaks are not the main reason for charitable giving, some strategies can help investors optimize their donations. It’s too late to execute some strategies with the end of 2023 just days away. “We encourage people to start thinking about charitable giving in June,” said Julie Goodridge,
Artistgndphotography | E+ | Getty Images It’s never too early to start planning for the upcoming tax season. As the year-end approaches, it’s a good time to get paperwork organized and make a checklist of tax forms you’ll need before filing, experts say. “You really need to be your own advocate,” said certified financial planner
Clemens Porikys | Getty Images Entertainment | Getty Images If you’re in your 40s, you probably have seen articles on how much you should have saved by now to comfortably retire. One guideline from Fidelity Investments calls for having three times your starting salary saved by 40, with the aim of growing that to six
Paul Yeung | Bloomberg | Getty Images Retirement savers who want a taste of bitcoin without owning the cryptocurrency coins directly could soon gain the access they’ve been craving. The Jan. 10 deadline is nearing for U.S. regulators to decide whether to allow a spot bitcoin exchange-traded fund, which would attempt to track the real-time
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