Personal finance

FamVeld If you don’t have health insurance lined up for next year, there’s still time to get private coverage through the public marketplace. The deadline is Dec. 15 — Thursday — to sign up on Healthcare.gov for a health plan to take effect Jan. 1. Otherwise, you have until Jan. 15 to enroll with coverage

The Federal Reserve raised its target federal funds rate by 0.5 percentage points at the end of its two-day meeting Wednesday in a continued effort to cool inflation. Although this marks a more typical hike compared to the super-size 0.75 percentage point moves at each of the last four meetings, the central bank is far from

Kevin Dodge | The Image Bank | Getty Images SEATTLE — For many families, paying for college is a financial burden, and experts say education funding myths may be adding to the student loan debt crisis. “There’s often this perception that somehow people are being penalized for saving for college,” said Cozy Wittman, national education

Petri Oeschge | Getty Images  SEATTLE — If you’re living together before marriage or committed long-term without plans to tie the knot, you’ll need to prepare for the future — or you may face challenges later, experts say. There are “rising rates of cohabitation,” with many couples skipping marriage because “they don’t see the benefit,”

Westend61 | Westend61 | Getty Images In the latest inflation reading, used cars are one of the few categories with prices that are lower than they were a year ago. While the consumer price index — which measures price changes for a variety of consumer goods and services — was up 7.1% in November from

Shoppers in Troy, Michigan, on Nov. 25, 2022. Matthew Hatcher/Bloomberg via Getty Images Inflation was lower than expected in November amid a broad-based slowdown in consumer prices that have been rising at their fastest rate in decades. The consumer price index, a key inflation barometer, jumped by 7.1% in November from a year earlier, the

Getty Images If you’re eager to file your 2022 tax return in January or early February, the IRS has a warning: You’ll need to wait for “key documents” before filing in 2023. In a release last week, the IRS urged “early filers” to watch for Form 1099-K, which reports income for third-party payment networks such

HOUSTON, TEXAS – AUGUST 29: Students study in the Rice University Library on August 29, 2022 in Houston, Texas. Brandon Bell | Getty Images News | Getty Images After President Joe Biden’s historic announcement that tens of millions of Americans would get up to $20,000 in student loan forgiveness, borrowers’ celebrations were short-lived. Conservative groups

Cn0ra | Istock | Getty Images The end of the year is an important time for making financial decisions that can have an impact in the year ahead — and for years to come. From your work to your savings and investments to spending and giving back, here are five moves you should consider making

Kathrin Ziegler | Digitalvision | Getty Images As inflation has kept prices high in 2022, Social Security beneficiaries may look forward to a record high cost-of-living adjustment in 2023. “Your Social Security benefits will increase by 8.7% in 2023 because of a rise in cost of living,” the Social Security Administration states in the annual

Charday Penn | E+ | Getty Images If you’ve accepted payments via apps such as Venmo or PayPal in 2022, you may receive Form 1099-K, which reports income from third-party networks, in early 2023. But there’s still time to reduce your tax liability, according to financial experts.  “There’s no change to the taxability of income,”

On the cusp of the greatest generational wealth transfer in history, baby boomers are set to pass more than $68 trillion on to their children. “It’s a generation that has accumulated a greater percentage of wealth than any other generation ever has,” said Mark Mirsberger, a certified public accountant and CEO of Dana Investment Advisors, referring