Walrus Images | digitalvision | Getty Images To achieve financial success, knowledge is key. Yet many Americans lack financial literacy. That can impact everything from the amount of money saved to debt owed. The situation is dire for more than a few. More than half of Americans can’t cover a $1,000 emergency expense with savings, […]
Florida Gov. Ron DeSantis speaks at the Conservative Political Action Conference (CPAC) in Orlando, Florida, on Feb. 24, 2022. Beautiful Frame | Reuters Florida is officially the largest state to mandate a financial literacy course for high school graduation. On Tuesday, Florida Gov. Ron DeSantis signed bill SB 1054 into law. The legislation was unanimously […]
(Maurie Backman) You may have lofty goals for retirement, whether it’s pursuing a hobby like golfing or sailing, traveling, or going back to school. No matter what objectives you set for your senior years, the more money you have access to, the more likely you’ll be to get to do the things you’ve always dreamed […]
Louis 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 US Department of Labor said Wednesday. While a slight reduction from the 8.5% rate in March, the […]
(Stefon Walters) Since 401(k) plans are employer-sponsored, your plan won’t remain the same whenever you switch jobs. Luckily, you won’t have to go through life trying to keep up with every 401(k) you’ve ever had — you can do a rollover. A rollover occurs when you transfer the money from one 401(k) plan to another […]
Inflation is showing no signs of slowing down, making it harder for workers to make ends meet. The Consumer Price Index increased 8.3% from a year ago, higher than the 8.1% estimate, according to the US Bureau of Statistics. Although it was down slightly from the March peak, inflation is still growing at the fastest […]
Philip Reed Believe it or not, there are ways to improve your car deal even after the ink is dry on the sales contract. While you can’t lower the price of your car, you can usually cancel the extras you might have felt pressured to buy in the finance office. You can also shop for […]
Louis 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 US Department of Labor said Wednesday. While a slight reduction from the 8.5% rate in March, the […]
(Stefon Walters) Since 401(k) plans are employer-sponsored, your plan won’t remain the same whenever you switch jobs. Luckily, you won’t have to go through life trying to keep up with every 401(k) you’ve ever had — you can do a rollover. A rollover occurs when you transfer the money from one 401(k) plan to another […]
Joe Raedle | Getty ImagesNews | 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 stop the loss in buying power recipients have experienced over the years, according to a new analysis from […]