Personal finance

Westend61 | Westend61 | Getty Images Interest in socially responsible investing skyrocketed during the Covid-19 pandemic. To that point, environmental, social and corporate governance funds captured $51.1 billion of net new money from investors in 2020 — a record and more than double the net inflows in 2019, according to Morningstar research. So, who is

Zest Marina | Getty Images Want a pay raise? Forget negotiating with your current employer. Sometimes the easiest way to get a bump is to find a new job. Wage gains for people who have switched jobs have outpaced those who’ve stayed at one employer since 2011, according to the Atlanta Federal Reserve Bank’s wage

Douglas Sacha | Moment | Getty Images Thousands of Americans living abroad received stimulus checks during the Covid-19 pandemic, according to federal data. While that may sound incongruous with the notion of “stimulus” for the U.S. economy, lawmakers generally had a sound rationale for sending funds overseas, according to tax policy experts. “They are casting

With the pause on federal student loan payments ending in less than 90 days, many workers are under growing financial pressure — and employers are taking notice. That’s driving more companies to enhance the benefits they offer, especially when it comes to college affordability. In fact, in today’s job market, student loan repayment and tuition

sturti | E+ | Getty Images If you hope to land a new job, you’ll want to make sure your resume catches the eyes of recruiters. The first thing you should do is shift your mindset, said certified professional career coach Matt Glodz, founder of Chicago-based executive resume writing firm Resume Pilots. “Stop thinking so

Pedestrians carrying shopping bags wait to cross a street in the SoHo neighborhood of New York on Oct. 24, 2021. Bloomberg | Bloomberg | Getty Images Most Americans say they don’t intend to spend more than last year this holiday season – yet that doesn’t mean they won’t go into debt. A survey from CreditCards.com

skynesher It’s been a banner year for actively managed stock mutual funds, with 21.1% average growth through October, according to Morningstar. However, year-end payouts may soon put a damper on double-digit returns, triggering tax bills for funds in brokerage accounts. When a fund manager sells underlying assets at a profit without losses to offset it,

katleho Seisa More employees will have access to retirement savings through Betterment’s 401(k) plans, thanks to rapid growth the online wealth advisor has seen in that part of its business. The company’s 401(k) business, Betterment for Business, has seen seen a 370% increase in year-over-year retirement plan adoption. In 10 of the states that are

MoMo Productions | Getty Images When the Covid-19 pandemic first erupted last year, Janel Abrahami quit a job she had been in for less than a year — without anything else lined up. To many, such a move may sound risky. The decision left Abrahami, who lives in the New York metro area, searching for

Amid the ongoing pandemic, many high schoolers are rethinking their future plans, and whether that will still include college. A recent survey of high school students found that the likelihood of attending a four-year school sank more than 20% in the last year and a half — down to 48%, from 71%, according to ECMC

MoMo Productions | DigitalVision | Getty Images Workers may funnel more money into 401(k) plans next year, according to the latest cost-of-living adjustment from the IRS.  The employee contribution limit for 401(k) plans is increasing to $20,500 in 2022, up from $19,500, and catch-up deposits for savers 50 and older will still be $6,500. The new amounts

peakSTOCK | iStock | Getty Images If Democratic lawmakers get their way, Medicare will start covering hearing services for the first time in the program’s history. The coverage, which would take effect in 2023, is included in Democrats’ proposed $1.85 trillion spending bill, dubbed the Build Back Better Act and aimed partly at strengthening the