Card balances have been rising rapidly. But there are ways to navigate the gift-giving season without taking on a lot of new debt.Americans are heading into the holiday shopping season with rapidly increasing levels of credit card debt.Credit card balances, which…
Benefit costs may go up as much as 6 percent. Wary of driving workers away, many employers may not pass on the full increases, analysts say.Premiums for job-based health insurance may rise next year, though employers may not pass on the…
If you get a raise, you may not end up in a higher tax bracket. But more of your income may be subject to Social Security taxes. And you’ll probably pay more for health care.You already know that inflation is taking…
Evidence suggests that students who file the federal form are more likely to attend college.A growing number of states are pushing high school seniors to file the federal financial aid form because evidence suggests that students who complete the form are…
Such rainy-day funds may help attract employees. The plans are meant to support consumers who don’t have a cash cushion for smaller, unexpected expenses.A growing number of American workers are getting access to a new job benefit: help with saving for…
A law requires online marketplaces to send out a Form 1099-K for sales of $600 or more. Most casual sellers will not owe taxes on the sales, but that’s not always clear.It’s not unusual for anyone with an old desk or…
The government adjusts its tax code every year, including the standard deduction and tax brackets. Rising costs mean big changes next year.High inflation has taken an obvious toll on the cost of groceries, new cars and rents, among other things. But…
Relaxed rules during the pandemic let workers carry over more of the pretax money, which must be spent on health costs or forfeited, but they’re expiring.It’s especially important this year to check the balance in your flexible spending account and know…
But to be eligible for the relief, taxpayers have to file the returns by Sept. 30. The agency says the average refund will be $750.About 1.6 million taxpayers who missed deadlines for filing their 2019 and 2020 federal income tax returns…
The recent action on student debt is fodder for spam callers, who often try to trick borrowers into paying for loan cancellation.Shady callers are acting quickly on President Biden’s announcement last week to cancel up to $20,000 in federal student debt…
As the stock and bond markets have wobbled, 529 plans have taken a tumble. There’s no one-size-fits-all answer, but you have options.Many families saving for college are seeing red — on their 529 plan statements.Investors in the state-sponsored, tax-favored college savings…
