Auto Insurance During a Pandemic

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I.R.S. Pushes Back Start of 2020 Tax Filing Season

#masthead-section-label, #masthead-bar-one { display: none }The Coronavirus OutbreakliveLatest UpdatesMaps and Cases13,000 Approaches to TeachingVaccine InformationTimeline Advertisement Continue reading the main story Supported by Continue reading the main story your money adviser I.R.S. Pushes Back Start of 2020 Tax Filing Season The agency will start accepting returns on Feb. 12, about two weeks later than usual. […]

With Higher Taxes Possible, Here’s What to Do Now

Advertisement Continue reading the main story Supported by Continue reading the main story wealth matters With Higher Taxes Possible, Here’s What to Do Now It’s not clear how many of President Biden’s expected proposals would become law, but it may be better to pay taxes now, when you know the rates. President Biden’s proposed pandemic […]

The Estate Tax May Change Under Biden, Affecting Far More People

Advertisement Continue reading the main story Supported by Continue reading the main story Wealth Matters The Estate Tax May Change Under Biden, Affecting Far More People In contrast to previous changes, the tax code could be modified in a way that affects everyone who has something of value to leave to heirs. With Democrats in […]

How to Pay Off Credit Card Debt

Advertisement Continue reading the main story Supported by Continue reading the main storyTips for Reducing Credit Card Debt, Even if Balances Are Already Lower While American balances are down over all, interest can still add up. If your stimulus check isn’t going to cover basics, consider reducing your debt. Credit…Till Lauer Jan. 15, 2021, 9:00 […]

How to Be a Better Investor: Do Nothing

Advertisement Continue reading the main story Supported by Continue reading the main story Essay How to Be a Better Investor: Do Nothing Once you have set up your stock and bond portfolio, avoiding further action is the most important and also the hardest task, our columnist says. Credit…Richard A. Chance Jan. 14, 2021, 11:30 a.m. […]

How To Spend in 2021

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Will an Overdraft Balance Impact Your Stimulus Check?

Advertisement Continue reading the main story Supported by Continue reading the main storyTheir Finances Ravaged, Customers Fear Banks Will Withhold Stimulus Checks Banks have the power to decide whether to let overdrawn customers gain access to the stimulus money being deposited into their accounts, but they have taken different approaches. Morgan Banke was hoping her […]

FAFSA’s Expected Family Contribution Is Going Away. Good Riddance.

Advertisement Continue reading the main story Supported by Continue reading the main story your money FAFSA’s Expected Family Contribution Is Going Away. Good Riddance. The dollar figure that the federal financial aid form spits out has long left families confused and despondent. And then, there are those great expectations. Credit…Robert Neubecker Dec. 30, 2020 The […]

Small Donations Aiming to Make a Big Splash

Advertisement Continue reading the main story Supported by Continue reading the main story wealth matters Small Donations Aiming to Make a Big Splash Environmental issues may seem too big to tackle, but some smaller foundations have figured out ways to have an impact. Brett Howell, right, was one of the leaders last year of a […]

The Auto I.R.A. Is Gaining Traction as a Retirement Savings Option

Advertisement Continue reading the main story Supported by Continue reading the main story retiring Saving at Work for Retirement: A Perk Coming to More States in 2021 The automatic I.R.A., administered by state governments, will be more widely available. “I didn’t have to invest a lot of time figuring it out, and it’s free,” Denise […]

College Financial Aid Applications Drop in 2020

Advertisement Continue reading the main story Supported by Continue reading the main story your money adviser A Worrisome Drop in College Aid Applications The pandemic has already led to one “lost class” of freshmen. The low rate of completing the financial aid form may signal another. Credit…Brian Britigan Dec. 18, 2020, 9:00 a.m. ET Fewer […]

Workers Tap Retirement Savings as a Last Resort

Advertisement Continue reading the main story Supported by Continue reading the main storyWorkers Tap Retirement Savings as a Last Resort At least two million workers have turned to their workplace retirement plans for cash under temporary rules created during the pandemic. But so far, most people have left their accounts alone. Tyler Mathiesen, 24, lost […]

How I Blew My Bitcoin on Sushi

Advertisement Continue reading the main story Supported by Continue reading the main storyMy $200,000 Sushi Dinner In 2013, this reporter spent 10 Bitcoin, worth $1,000 at the time, on a dinner for dozens of strangers in San Francisco. The owner of the restaurant wisely held onto it. Credit…Photo Illustration by The New York Times; Getty […]

Zoom Classes. No Chance Meetings. Is Virtual Business School Worth the Cost?

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Invest Like a Pro (Athlete)? It Could Be Profitable, and Risky

Advertisement Continue reading the main story Supported by Continue reading the main story Wealth Matters Invest Like a Pro (Athlete)? It Could Be Profitable, and Risky With interest in private investments on the rise, getting into deals can take more than money. The cachet of pro athletes is one group’s way of differentiating itself. Dr. […]

Groups Trying to Open Golf to Young People Are Struggling Themselves

Golf has been having a boom year since courses that were closed in the pandemic reopened in June. Even with the hiatus, rounds of golf played this year are now nearly 11 percent ahead of last year’s pace, according to the National Golf Foundation. In October, typically the end of the golf season in many […]

The Rich Kids Who Want to Tear Down Capitalism

Lately, Sam Jacobs has been having a lot of conversations with his family’s lawyers. He’s trying to gain access to more of his $30 million trust fund. At 25, he’s hit the age when many heirs can blow their money on harebrained businesses or a stable of sports cars. He doesn’t want to do that, […]

Time to Take a Pledge: No Stocks if You’re a Member of Congress

The nation’s balance of power is at stake as both senators from Georgia face runoff elections in early January. The campaigns have been bitter, and they stand to get more so. But here is one matter that the four candidates agree on, even if some of them have come to it begrudgingly: Owning and trading […]

Demands on Nonprofit Groups Rose in the Pandemic, Even as Volunteering Fell

Volunteering has fallen sharply in the pandemic, creating an enormous financial burden on the nonprofit organizations that have long depended on the free assistance. Now, leaders of many nonprofit groups are looking for new ways to generate donations — to pay for both the rise in demand for their services and the work no longer […]

Medicare's Choices Have Grown, but Many Americans Don't Review Options

This is the time of year when seniors face a barrage of messages about their Medicare coverage — everything from insurance companies’ direct mail blitzes and television ads to the federal government’s emails and mailings. All of it focuses on the fall open enrollment season, the annual opportunity to change coverage. From Oct. 15 until […]

For Millions Deep in Student Loan Debt, Bankruptcy Is No Easy Fix

With two mortgages, three children and $83,000 in student loan debt, the financial strain finally became too much for George A. Johnson and Melanie Raney-Johnson. New bills kept piling up: The couple had to buy another car when Mr. Johnson wrecked one in a snowstorm, but their insurance didn’t fully pay off the totaled vehicle. […]

How One Entrepreneur Changed Her Business Model in the Pandemic

Sarah Figueroa had worked for several years to build a company, called Geojam, that would connect fans at concerts and give sponsors a look at what was working and what wasn’t. “The dream was to connect people through music, in real life,” Ms. Figueroa said. “I’m at a concert. You’re also a fan. Let’s link […]

More Workers Get Help in Building Rainy Day Savings

Workers struggling to save for a rainy day are increasingly likely to get help from their employers as the economic slowdown in the pandemic has underscored Americans’ need for a financial cushion. Large companies like UPS, as well as banks, foundations and municipal governments, have recently announced programs that encourage workers to set aside cash […]

Investing for the Future in the United States of Agita

Four years ago, I didn’t have a plan. Donald Trump was the surprise winner of the 2016 presidential election, and I wasn’t quite sure what to say to the people who were on the verge of losing their minds. In the wee hours of Nov. 9, 2016 — as futures trading suggested that the U.S. […]

Stressed About the Election? Don’t Take It Out on Your Investments

Here’s an election prediction you can take to the bank: Whenever the count is over and no matter who wins the presidency, tens of millions of people are going to be elated and millions of others are going to be despondent. But regardless of the emotion driving them, people acting in the heat of the […]

Reasons to Sign Up for a Health Savings Account

If you’re eligible for a health savings account, now may be a good time to open one. H.S.A.s can help you pay for medical treatment and medicine that insurance doesn’t cover. Typically, money is deposited into an H.S.A. before taxes, grows tax free and is tax free when you withdraw it as long as you […]

It’s Time to Talk About Social Security. No More Waiting.

Social Security has always seemed like a future problem, with experts long predicting a benefits squeeze in the decades ahead. But the coronavirus has put tens of millions of Americans out of work, and economists are predicting that the recovery will take years. That means the future is now. If nothing is done to shore […]