Blackcat | E+ | Getty Images Retirees on Medicare who are heading back to the workforce may discover they have choices when it comes to their health-care coverage. That is, depending on the size of your new employer, you might be able to pick up the company health plan and drop Medicare — and then

Moyo Studio | E+ | Getty Images Many investors who pulled money out of the stock market in the last year now regret their decision. Some 38% of investors said they sold stocks last year due to a current event, according to a study from MagnifyMoney. Of that group, 40% said they wish they’d kept

Families, parents and caregivers call on Congress to include paid family and medical leave in the Build Back Better legislative package during an all-day Nov. 2, 2021 vigil in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images When Delaware Gov. John Carney, a Democrat, signed new paid family and medical leave legislation

Astra Taylor Source: Isabella De Maddalena Astra Taylor took out her first student loan at 17. She attended Brown University and The New School, and owed tens of thousands of dollars when she defaulted on her debt during the 2008 financial crisis. “Overnight, they added 19% to my principal,” Taylor, 42, said. “Like millions of

Gorodenkoff | Istock | Getty Images If you’re happily saying “I do” this year, be aware that the IRS can be a real buzzkill. While many couples end up paying less in taxes after tying the knot, some face a “marriage penalty” — meaning they end up paying more than if they had remained unmarried

Chris Ryan | Getty Images I bonds have surged in popularity as riskier assets slip. The bonds are backed by the federal government, the principal doesn’t lose value and the bonds earn monthly interest through two parts, a fixed rate and a variable rate. Currently, the variable component will pay a record 9.62% annual rate

Getty Images Interest rates are set to rise again, making it a good time to pay off high-cost credit card debt as soon as possible. Annual percentage rates on credit cards are currently just over 16%. Because the Federal Reserve is in a rate hiking cycle, with half-point increases on the table for every remaining

Inflation dropped slightly in April, yet it’s still close to a 40-year high, with consumer prices rising at an annual rate of 8.3%. Rising costs for housing, food, airfares and new cars were the biggest contributors to that key gauge of inflation. The typical American family is spending about $450 more per month for goods

Images By Tang Ming Tung | Stone | Getty Images Editor’s note: This article has been updated with corrected information provided by Moody’s about additional spending this year by U.S. households to purchase the same goods and services they did last year. Americans continue to feel the sting of inflation. Consumer prices rose 8.3% in April

Steve Debenport | E+ | Getty Images When it comes to negotiating a job offer, if you don’t ask — you won’t receive. It turns out many don’t ask, according to a survey from Fidelity Investments. Some 58% of Americans accepted the initial offer at their current position without negotiating, the survey found. Yet negotiating

Win McNamee | Getty Images As spring warmth takes hold, homeowners may want to make sure they’re prepared for the severe weather that will likely soon follow. That preparation should include checking your insurance coverage. Whether you live in an area prone to hurricanes, tornados, flooding, hail, wildfires or severe storms — all of which

Piksel | Istock | Getty Images Older Americans lose an estimated $2.9 billion per year to financial scams. The House of Representatives is moving forward with an initiative aimed at helping stem those losses. On Wednesday, the chamber passed the Empowering States to Protect Seniors from Bad Actors Act by a vote of 371-48. The

Images By Tang Ming Tung | Stone | Getty Images Americans continue to feel the sting of inflation. Consumer prices rose 8.3% in April from a year ago. As a result, U.S. households are spending an additional $311 a month to purchase the same goods and services they did last year, according to an analysis

If inflation continues, more than 50% of adults say they’ll cut back spending on dining out and will consider reducing that further, according to the CNBC + Acorns Invest in You survey, conducted by Momentive. Kali9 | E+ | Getty Images Inflation is still on the rise, prompting consumers to change their shopping habits to

Joe Raedle | Getty Images News | Getty Images Social Security beneficiaries could see another record cost-of-living adjustment in 2023, based on the latest government data showing persistent high inflation. But that increase may not be enough to pare the loss in buying power recipients have experienced over the years, according to a new analysis

Luis Alvarez | Digitalvision | Getty Images Inflation is hovering near 40-year highs. The Consumer Price Index, a key inflation metric, increased 8.3% in April from a year ago, the largest jump since the summer of 1982, the U.S. Department of Labor said Wednesday. While a slight reduction from the 8.5% rate in March, the

Hero Images | Getty Images Deciding when to claim Social Security retirement benefits is a complicated decision. But when two people are in the mix — particularly a couple where one spouse is the primary breadwinner — the decision may be even more complex. New research from Lafayette College takes a look at how Social

Athima Tongloom | Moment | Getty Images The share of job ads that require candidates to have a Covid-19 vaccine seems to be on the decline. About 6.7% of U.S. job listings cited vaccination as a necessity for applicants as of April 29, according to a new analysis by AnnElizabeth Konkel, an economist at Indeed,

To keep up with rising prices, many consumers are leaning on their credit cards. Credit card balances rose year over year, reaching $841 billion in the first three months of 2022, according to data released Tuesday from the Federal Reserve Bank of New York. Although balances fell slightly from where they stood at the end

Nicolas Economou | NurPhoto | Getty Images Top cryptocurrencies are continuing their rough start to the year, falling alongside stocks. Bitcoin slumped more than 6% Monday, falling below $33,000, according to Coin Metrics. The digital coin is now more than 50% from its all-time high near $69,000 in November and has shed more than 30%

Sam Edwards | Getty Images Those annoying required minimum withdrawals from retirement accounts that kick in at age 72 may come with a silver lining: helping you make your money last through your lifetime. Generally speaking, if you were to take only your yearly RMDs it would mean those accounts wouldn’t be depleted in your

PM Images | Getty Images Amid rising prices and a changing economy, many Americans question their ability to meet long-term financial goals, according to Country Financial’s Security Index. The survey polled 1,023 U.S. adults from March 18 to March 20, and more than half believe swelling costs may have a “big negative impact” on plans

Nirat | Istock | Getty Images It’s no secret the Covid-19 pandemic has been tough on millions of moms. Trying to juggle work amid ongoing child care uncertainties has left many mothers frustrated into the third year of the pandemic. While tough choices between work and parenting were a shock for middle- and upper-income women,

Jeff Farschman, 72, is a serial cruiser from Delaware who spends months at sea in retirement. Jeff Farschman For nearly two decades, Jeff Farschman, 72, has spent his golden years like many other adventurous retirees — enjoying leisure cruises to exotic ports of call. But unlike many of his fellow cruise passengers, Farschman basically lives

The Federal Reserve is among Western central banks fighting stubbornly high inflation. Xinhua News Agency | Xinhua News Agency | Getty Images For the first time in years, Americans are in a period of rising interest rates. The Federal Reserve on Wednesday raised its benchmark rate a half-point, to cool down inflation that’s the highest

Bymuratdeniz | E+ | Getty Images Workers continue to see pay increases at a fast clip, but there are signs of a slowdown ahead. Average earnings for all workers grew by 0.3% in April, to $31.85 an hour, the Labor Department said Friday. That’s a modest reduction from the 0.4% pace in March. It also

For decades now, the country’s outstanding student loan debt balance has only trended in one direction: Up. Today, around 44 million Americans owe a combined $1.7 trillion for their education. But it didn’t have to be this way. Legislation like the GI Bill, the National Defense Education Act, and Higher Education Act of 1965 paved the way for

Hopkinsville Brewing Company co-owner Kate Russell, pictured to the right of co-worker Joey Medeiros, said the business has had to raise prices due to inflation. Mary Katherine Russell Small business owners have had a few rough years. First, the Covid-19 pandemic caused many to lose revenue. Now, they’re dealing with higher costs as inflation rises.

A customer purchases lemons at a supermarket on April 12, 2022 in San Mateo County, California. Liu Guanguan | China News Service | Getty Images Federal Reserve Chair Jerome Powell may have said it best when he addressed the public at a Wednesday press event following the Federal Open Market Committee’s half-point rate hike. “Inflation

Parents and children participate in a demonstration organized by the ParentsTogether Foundation in support of the child tax credit portion of the Build Back Better bill outside of the U.S. Capitol on Dec. 13, 2021. Sarah Silbiger | Bloomberg | Getty Images Sen. Bernie Sanders, I-Vt., took to the Senate floor Wednesday to decry the