An estimated 67% of Americans don't have enough cash in the bank to cover an unplanned $400 expense, according to a recent SecureSave survey. So if your savings account balance is pretty minimal, you're in good company.
The Federal Reserve said Wednesday it will keep its benchmark interest rate near zero to continue to support the economic recovery from the coronavirus pandemic.
It’s been over a year since the central bank slashed its benchmark overnight lending...
What’s your net worth?
Even if you don’t fly on private jets or play polo, this simple equation is an important tool that says a lot about your financial health.
Still, most people don’t bother to...
The House voted Wednesday night to approve a bill that would raise the debt ceiling for more than two years, giving the Senate just days to do the same before the US potentially runs out of money to pay its bills.
The IRS may have a little more cash for you as it continues to distribute the pandemic's third round of stimulus checks, worth up to $1,400.
The tax agency says another batch of 1.1 million direct payments are on their...
An interesting development over the last several years has been the Financial Independence/Retire Early (FIRE) movement.
Financial independence is defined as having sufficient passive income and/or sufficient investments to cover your living expenses. The turning point is when you...
The future of Social Security could be a big campaign issue during the 2024 presidential elections, as candidates offer up reform proposals to a program that will lose a major funding source within the next decade.
That...
If you’re lucky — as in really, really lucky — that $2 Mega Millions ticket you’re holding could be worth $430 million by Saturday.
That’s the face value of the jackpot heading into Friday night’s drawing. Yet whether you’d...
If you’re looking for love as the calendar moves toward Valentine’s Day, you may want to check your finances. No, you’re not looking to make sure you have enough money to pay for flowers, chocolates, or a fancy dinner. Instead, you’re checking...
Happy mature couple looking at their retirement plans with female nurse at home.
Social Security payments are largely determined by how much you paid into the program through payroll taxes during your working career. You could owe personal income taxes on them if...
