This Social Security statement change could simplify your retirement planning

The Social Security Administration will be sending out newly redesigned statements that helps Americans better understand and maximize their benefits.

How to decide if you need flood insurance for your home

Do you own or rent a home in an area with elevated flood risk? Here's how to decide if you need to take out a separate flood policy.

Student loan forgiveness memo: Expert says Biden has authority to cancel student debt

The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.

Holiday shoppers plan to spend more money in 2021 after 2 years of decline, TransUnion finds

Many consumers are planning on spending more money this holiday shopping season amid supply chain issues. Here's how consumer behavior may change the way you finance holiday expenses.

Biden administration begins notifying borrowers of student loan servicer changes

FSA began notifying borrowers of changes to their federal student loan repayment plans. Here's what you should know if your loan servicer is changing.

Why is Social Security running out of money?

If no action is taken, Social Security could run out of funds by 2033. Here's why, and what you can do if you need more funds.

Gen Z consumers are driving the credit industry rebound, TransUnion report finds

The youngest generation of consumers are leading the way in new credit originations, according to TransUnion. Here's how to choose the right credit card company and build better spending habits.

Financial literacy course now required for Ohio high school students

Ohio high school students will be required to pass at least one half-credit course in financial literacy in order to graduate, according to a new law.

Social Security benefits could be slashed earlier than expected

Social securities are set to increase at their highest rate in 40 years in 2022, but could be slashed early by 20% or more if Congress doesn't act.

How to get a $50,000 personal loan

A $50,000 loan can be used for anything from financing a major purchase to funding a home renovation. Here’s how to get one.

70% of Americans go over budget during the holidays, survey finds: How to cut costs

A recent survey found that most Americans admit to overspending during the holidays, but gift-giving doesn't have to be a burden on your wallet. Consider these tips to create a budget and earn rewards on your holiday spending.

This is the college degree that actually pays off, study finds

A new report from the Wall Street Journal found the graduate degree that's most likely to pay off in the form of higher earnings.

Social Security payments increasing significantly in 2022, new bill could send payments higher

The Social Security Administration is seeing some changes, including increased payments to go out in 2022. Now, members of Congress are introducing a bill to save the program and expand its benefits.

Best low-income loans: 12 lenders to consider

While having a low income might limit your borrowing options, there are lenders that offer low-income loans.

Online grocery retailers have hidden price markups, MIT study finds: How to save money on your food budget

Stocking your shelves with fresh groceries shouldn't be a financial burden. But with the rise of online grocery shopping, prices are becoming less predictable, according to a study from MIT.