Hoxton/Tom Merton | Hoxton | Getty Images If you don’t have health insurance for 2023, you may still be able to get it through the public marketplace. Open enrollment for the federal health-care exchange ends Sunday, with coverage taking effect Feb. 1. If your state operates its own exchange, you may have more time. Most
Personal finance
Sturti | E+ | Getty Images Whether you have access to a retirement plan through work increasingly depends, at least partly, on where you live. Within the last decade, 16 state legislatures have adopted retirement-savings programs targeting workers whose employers don’t offer a 401(k) plan or similar option. Some programs are up and running, while
Activists hold a student loan forgiveness rally near the White House on April 27, 2022. Anna Moneymaker | Getty Images News | Getty Images Although they call President Joe Biden’s student loan forgiveness plan “unlawful,” two university law professors are urging the Supreme Court to reject the legal challenges that have been brought against it.
If you haven’t shopped for a car lately, brace for sticker shock. Not only are vehicle prices at an all-time high, but the interest rate to finance a purchase has also jumped dramatically. A record 15% of new car buyers who financed a new car last quarter committed to a monthly payment of more than
David Paul Morris/Bloomberg via Getty Images Inflation popped in 2022 to a level unseen in four decades. But prices ballooned more rapidly for certain items than others, largely concentrated among food, fuel and airfare. Some of those swings were due to outlying factors that extended beyond broad inflationary pressures such as snarled supply chains, labor
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images Earlier this week, JPMorgan Chase shut down college financial aid platform, Frank, which it acquired in
Kate_sept2004 | E+ | Getty Images It will soon be the Year of the Rabbit, according to the Chinese calendar, but it might as well be the year of the new job. A whopping 96% of workers are looking for a new position in 2023, largely in search of better pay, according to a recent
Geber86 / Getty It’s official: The tax season kicks off for individual filers on Jan. 23, the IRS announced Thursday. For most taxpayers, you must file your federal return and pay your balance by April 18 this year to avoid racking up penalties and interest. “This filing season is the first to benefit the IRS
Hobo_018 | E+ | Getty Images New government inflation data shows the measurement used to calculate Social Security annual cost-of-living adjustments was up 6.3% for the past 12 months as of December. That’s as this year’s 8.7% COLA kicks in for more than 65 million Social Security beneficiaries this month. That new data indicates Social
Kentaroo Tryman | Maskot | Getty Images The inflation rate declined in December as consumers saw prices plummet at the gasoline pump, providing another hopeful sign for households that price pressures are continuing to ease from their highest level in decades. Inflation closed out 2022 with a 6.5% annual reading, as measured by the consumer
Valentinrussanov | E+ | Getty Images The Biden administration rolled out a new proposal this week to dramatically lower monthly payments for some federal student loan borrowers. If and when the overhauled income-driven repayment plan becomes available, some people could see their bills decrease by as much as a half, according to the U.S. Department
Tim Robberts | Digitalvision | Getty Images Starting this month, more than 65 million Social Security beneficiaries will receive benefit checks that include a record-breaking 8.7% cost-of-living adjustment. Social Security benefits are slated to increase by more than $140 per month on average, according to the Social Security Administration. related investing news 2023 will be