Personal finance
Most medical debt is coming off credit reports. Here’s what to do if yours doesn’t
Maskot | Maskot | Getty Images If you have medical debt weighing down your credit score, it may be wiped off your credit report in a few months. Yet before you cheer the good news, first make sure your debt qualifies. The three credit reporting companies — Equifax, Experian and TransUnion — recently announced that […]
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Soaring prices are hitting young Brits. The new U.K. budget won’t hurt much
David-Prado | iStock | Getty Images The U.K. government’s latest budget announcement offered little hope for young people who are among those struggling to cope with soaring living costs, financial analysts and advisors have said. In his Spring Statement, U.K. Finance Minister Rishi Sunak acknowledged that the Russia-Ukraine war was putting more pressure on the […]
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Interest rates are rising and bond prices are falling. Here’s what investors can do to prepare
Rising yields and falling bond prices could shake up investors’ portfolios. Here’s how to rethink your asset allocation. Source
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President Joe Biden to propose new 20% minimum billionaire tax
US President Joe Biden addresses media representatives as he arrives for a European Union summit at EU Headquarters in Brussels on March 24, 2022. John Thys | AFP | Getty Images President Joe Biden is expected to propose a new minimum tax that would largely target billionaires when he unveils his 2023 budget, according to […]
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Companies are betting these employee benefits will help them in the ‘Great Reshuffle’
Paul Bradbury | OJO Images | Getty Images Millions of Americans are quitting their jobs and rethinking what they want when it comes to work and work-life balance. Companies are responding, meeting their employees’ needs in areas such as remote work, flexible hours, four-day workweeks, compensation and more. This story is part of a series […]
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How to avoid a tax filing rejection if last year’s return is still pending
Drakula & Co. | Moment | Getty Images The IRS is backlogged and still sifting through tens of millions of pending returns, including many of last year’s filings. If your 2020 return is part of the pileup, there’s a special step for your 2021 electronic filing. The agency processed more than 61.9 million returns as […]
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Vanguard reclaims top target-date fund manager spot, leapfrogs Fidelity and BlackRock
Thomas Barwick | Digitalvision | Getty Images Vanguard Group captured the most new investor money in its target-date funds last year relative to other asset managers, reclaiming the top spot it’d held for over a decade before being dethroned in 2020, according to a new Morningstar report. Target-date funds, or TDFs, have become popular in […]
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Here’s how to take a sabbatical, even if your company doesn’t offer one
Katherine Ullman spent part of her sabbatical in Colombia. Courtesy: Katherine Ullman Katherine Ullman was burned out from working intensely during the Covid-19 pandemic and was questioning her next career move. A two-month sabbatical from her job was just what she needed to reevaluate her life. In December, Ullman, who is 33 years old and […]
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Almost 645,000 people still hadn’t gotten their third stimulus checks by last fall, Treasury says
Irinascreativephoto | E+ | Getty Images Almost 645,000 people who were eligible for the third round of stimulus checks hadn’t gotten their payments as of mid-September, according to a U.S. Department of the Treasury report published Thursday. The American Rescue Plan authorized the federal government to send up to $1,400 to each person who qualified, […]
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Here’s how to settle your loved one’s estate after they pass away
Arya Akmal. left, with his father Khosrow and son Dmitry in December 2018 at the University of Maryland, College Park. Arya Akmal Settling an estate is not just for the rich. When a loved one dies, someone will have to take care of debts and distribute assets. If the deceased had property — a house […]
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