It makes sense that if you have a car accident, your insurance premium could go up. What doesn't make sense is that if you don't have an accident, you could also end up paying more, for no reason at all.
The explanation behind such price hikes is that more and...
Each month, more than 62 million people receive a Social Security benefit -- and this figure is only expected to grow as time marches on. That's because Social Security is a program that's expected to cover 175 million workers as well as existing beneficiaries this year. As the labor...
The majority of Americans are not setting aside enough money in emergency savings to cover a significant unexpected expense, according to a new survey from CIT Bank. That's a problem, because nearly half of American households were faced with emergency expenses in the past year.
"More than one in four...
Owing money in retirement isn’t ideal — but most people do.
Seventy percent of U.S. households headed by people ages 65 to 74 had at least some debt in 2016, according to the Federal Reserve’s latest Survey of Consumer Finances. So did half of those 75 and older.
Paying debt usually...
About 44 million U.S. households held at least one individual retirement account as of 2017, with a whopping $9 trillion in total assets, according to the Investment Company Institute.
That amount is greater than the total annual GDP of Japan, the United Kingdom and France combined. Given the ubiquity of...
Today, it's common for unmarried romantic partners to live together. Some people even insist that this "trial run" is the best way to get to know a potential life partner before committing for the long haul.
In fact, the number of American adults living with their unmarried partner is on...
Before the tax law overhaul, the Trump administration and Republican-led Congress touted a postcard-size income tax return form designed to simplify filing your taxes.
In June, the Internal Revenue Service and U.S. Treasury Department released a draft copy of the new 1040 income tax form. However, critics say that while...
Applying for credit for the first time is a bit like applying for your first job. People are hesitant to hire you because you don't have any job experience, and you can't get any job experience because nobody will hire you. In the case of credit applications, creditors are...
The best indicator of how fast you’ll pay off your credit-card debt isn’t your income, or even how much debt you owe.
It’s mostly about your plan of attack.
That’s according to researchers Theresa Kuchler and Michaela Pagel, who published their work in a recent working paper circulated Monday by the...
Whether you've been in the workforce for a couple of years or a couple of decades, you're probably aware that a strong resume could spell the difference between getting hired at your dream job or getting passed over. You're also most likely aware that as your skills and responsibilities...
