Medicare beneficiaries would need more than $300,000 for healthcare costs in retirement: EBRI
Medicare beneficiaries in retirement would need to have saved anywhere from $96,000 to $383,000 to cover most of their healthcare needs, according to EBRI. The organization found that in general, Medicare Advantage enrollees have lower savings targets. But these private industry plans have their pros and cons.
Medicare beneficiaries in retirement would need to have saved anywhere from $96,000 to $383,000 to cover most of their healthcare needs, according to EBRI. The organization found that in general, Medicare Advantage enrollees have lower savings targets. But these private industry plans have their pros and cons.
You missed the tax deadline. Now what?
The tax deadline is a little over a week away, but if you miss it, don’t worry, the IRS has options to avoid paying fees and penalties.
The tax deadline is a little over a week away, but if you miss it, don’t worry, the IRS has options to avoid paying fees and penalties.
Mega Millions numbers selected for Friday’s $414M jackpot
The Mega Millions jackpot continues to grow after no ticket matched all six numbers drawn Friday night.
The Mega Millions jackpot continues to grow after no ticket matched all six numbers drawn Friday night.
Gas prices increase as OPEC cuts oil production
After OPEC announced it intends to decrease production starting in May, gas prices increased, according to AAA’s latest gas prices report.
After OPEC announced it intends to decrease production starting in May, gas prices increased, according to AAA’s latest gas prices report.
US adds 236,000 jobs in March despite Fed's rate hikes
The latest signs increasingly suggest that an economic slowdown may be upon us.
The latest signs increasingly suggest that an economic slowdown may be upon us.
Rising egg prices leave some New Yorkers skipping holiday traditions
According to reports, the average price of a dozen eggs is more than double compared to this time last year, leaving some consumers cutting back on using them in Easter or Passover celebrations.
According to reports, the average price of a dozen eggs is more than double compared to this time last year, leaving some consumers cutting back on using them in Easter or Passover celebrations.
NYC owed over $1b in unpaid parking, speeding fines: Report
According to the New York City Independent Budget Office, the total amount of unpaid fines and charges owned to the city from 2017 through 2022 is over $2.1B.
According to the New York City Independent Budget Office, the total amount of unpaid fines and charges owned to the city from 2017 through 2022 is over $2.1B.
Most Americans don’t know these financial solutions could help lower their tax burden: survey
Only 2% of Americans can correctly identify financial solutions with tax advantages, despite one in three saying they prioritize investments that would help them pay less in taxes either now or in the future, a recent Lincoln Financial Group survey said.
Only 2% of Americans can correctly identify financial solutions with tax advantages, despite one in three saying they prioritize investments that would help them pay less in taxes either now or in the future, a recent Lincoln Financial Group survey said.
Billionaires Bezos, Musk slide in Forbes World's Richest list
The world's richest person saw their wealth jump by $53 billion in the past year.
The world's richest person saw their wealth jump by $53 billion in the past year.
As inflation persists, Americans choosing money over love, staying in relationships for financial dependency
A new survey found nearly a quarter of coupled Americans reported staying in their current relationships due to financial dependency.
A new survey found nearly a quarter of coupled Americans reported staying in their current relationships due to financial dependency.
These states' student loan forgiveness plans would work even if Biden's fails
With the jury still out on Biden's student loan forgiveness, some states are stepping up their plans, a recent report by The Pew Charitable Trusts said.
With the jury still out on Biden's student loan forgiveness, some states are stepping up their plans, a recent report by The Pew Charitable Trusts said.
Tech layoffs, high interest rates are having ‘serious impact’ on how people buy homes
Facebook, Twitter and other companies announced layoffs this year amid rising interest rates. Experts say it’s affecting both prospective homebuyers and sellers.
Facebook, Twitter and other companies announced layoffs this year amid rising interest rates. Experts say it’s affecting both prospective homebuyers and sellers.
Social Security cuts could be coming soon — here's who will be affected
A recent government report suggests that Social Security funds face a long-term financial crunch that could mean some benefits get cut sooner for retirees.
A recent government report suggests that Social Security funds face a long-term financial crunch that could mean some benefits get cut sooner for retirees.
Texas woman pays off $70K in debt in just two years by 'cash stuffing'
Jasmine Taylor of Amarillo, Texas, saved money by using the "cash stuffing" method — allowing her to pay off debt in just two years. Here's how she did it successfully.
Jasmine Taylor of Amarillo, Texas, saved money by using the "cash stuffing" method — allowing her to pay off debt in just two years. Here's how she did it successfully.
When could Social Security run out of money? Fund faces insolvency earlier than expected
Social Security and Medicare face long-term shortfalls that could lead to smaller payments.
Social Security and Medicare face long-term shortfalls that could lead to smaller payments.
Many electric vehicles to lose big tax credit under proposed new rules
Fewer new EVs will qualify for a full $7,500 federal tax credit under the rules proposed Friday by the U.S. Treasury Department.
Fewer new EVs will qualify for a full $7,500 federal tax credit under the rules proposed Friday by the U.S. Treasury Department.
Apple Pay Later launches after a six-month delay
Apple announced the soft launch of its long-awaited buy now, pay later service option for Apple Wallet.
Apple announced the soft launch of its long-awaited buy now, pay later service option for Apple Wallet.
LIPA unveils new time-of-day rates for customers
Beginning in February 2024, customers can choose between a flat rate of about 25 cents per kilowatt-hour or a time-of-use plan that fluctuates based on the time of day.
Beginning in February 2024, customers can choose between a flat rate of about 25 cents per kilowatt-hour or a time-of-use plan that fluctuates based on the time of day.
Americans pulled nearly $100B out of bank accounts as SVB, Signature Bank collapsed
During the closures of SVB and Signature Bank, Americans withdrew almost $100 billion from their bank accounts, according to seasonally adjusted data from the Federal Reserve.
During the closures of SVB and Signature Bank, Americans withdrew almost $100 billion from their bank accounts, according to seasonally adjusted data from the Federal Reserve.
New York City Council proposes amendment that would remove fee caps on food delivery apps
The proposed legislation would remove the 5% marketing fee cap, allowing apps to charge whatever they want.
The proposed legislation would remove the 5% marketing fee cap, allowing apps to charge whatever they want.