In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT D3sign | Moment | Getty Images The returns savers stand to get on their money are the highest they’ve been in 15 years, thanks in part to stubborn inflation, which pushed the Federal Reserve into hiking interest rates over the past year. Top-yielding online savings account rates are
Personal finance
The outlook for newly minted graduates doesn’t look as good as it once did. Employers plan to hire about 4% more new college graduates from this year’s class than they hired from the Class of 2022, according to a report from the National Association of Colleges and Employers. However, that’s down significantly from earlier projections:
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Sdi Productions | E+ | Getty Images As a pandemic-era policy winds down, millions of people on Medicaid may lose their coverage — even though they remain eligible, advocates say. For the last three years, due to the Families First Coronavirus Response Act, states have been
Students have just a few weeks to figure out which college they will attend ahead of National College Decision Day on May 1, which is the deadline many schools set. But with a record-breaking increase in applications pushing acceptance rates to all-time lows, some college-bound seniors may have a tough decision to make, or pivot to
Uwe Krejci | Digitalvision | Getty Images The number of new electric vehicles eligible for a $7,500 federal tax credit fell by almost half on Tuesday, as new rules issued by the U.S. Department of the Treasury took effect. However, consumers in the market for an electric passenger vehicle can still access a tax break
Getty Images The federal tax deadline for most Americans is April 18, and there’s still time to file for an extension. But the clock is ticking. As of April 7, the IRS received more than 101 million returns, but the agency expects to receive in excess of 168 million through the end of the
The U.S. government wastes billions of taxpayer dollars every year. Improper payments, which refer to payments that are made incorrectly by the government, cost the U.S. $247 billion in 2022, according to the Government Accountability Office. The U.S. government has lost almost $2.4 trillion in simple payment errors over the last two decades, by GAO
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT A person walks out of the Apple Store in Annapolis, Maryland, on February 2, 2023. Jim Watson | AFP | Getty Images As the Federal Reserve continues to hike interest rates, some online banks have been jockeying to offer the highest yields on savings. Now,
ozgurcankaya If you’re scrambling to file your taxes, it’s easy to miss another key deadline on April 18: the due date for 2023 first-quarter estimated tax payments. Income taxes are pay-as-you-go, meaning you must remit taxes throughout the year. While employees contribute through paycheck withholdings, others must pay the IRS quarterly. The first estimated tax deadline
Fertnig | E+ | Getty Images Negative headlines about Social Security’s future may be affecting how prepared people feel when it comes to their own retirement. Almost three-quarters, 74%, of people say they cannot count on Social Security benefits when it comes to the money they will have in retirement, according to a new survey
Collectively, Americans owe more on credit cards than ever before. And they’re paying a higher price for it, as well. The average annual interest rate for credit cards is now near 21%, according to data from the Federal Reserve — marking the highest rate since the Fed began tracking this figure nearly three decades ago.
Steven Heap/EyeEm/Getty Images If you don’t file your taxes, you may be leaving money on the table — and there’s a free option to make the process easier. Generally, you’re not required to file a federal tax return if your gross income is below the standard deduction, which is $12,950 for single filers and $25,900