Getty Images This January not only marks the start of a new year. It is also the two-year anniversary of the first identified case of Covid-19 in the U.S. At the time, the pandemic caught most people by surprise. Now, many of our lives do not look the same as they did before Covid-19. People
Personal finance
Pavel Peskov / EyeEm | EyeEm | Getty Images The other day, combing through my old work wardrobe, I felt like an archeologist before ancient artifacts – I didn’t even remember some of the shirts and pants. Out of view from bosses and colleagues throughout the pandemic, I’ve interviewed sources in my bathrobe and worn
sturti | E+ | Getty Images As millions of Americans quit their jobs in favor of taking time off, finding a new job or even starting their own business, financial experts have a warning: Don’t lose track of valuable employer-sponsored retirement plans. Neglecting such a plan, which can hold thousands of dollars after just a
Rohit Chopra, director of the Consumer Financial Protection Bureau. Alex Edelman/Bloomberg via Getty Images The Consumer Financial Protection Bureau is cracking down on banks charging fees for customers who overdraw their checking accounts, the bureau announced Wednesday. The financial watchdog is planning a “range of regulatory interventions” targeting firms that rely heavily on overdraft fees
Christine Schneider | Cultura | Getty Images A proposal for federal paid family leave is at risk of ending up on the chopping block as Washington lawmakers work to finalize new social spending legislation. Cutting the plan out of the Build Back Better package could cripple Democrats’ chances in key Senate races next year, advocates
SolStock | E+ | Getty Images Looking for a meaningful holiday gift? Consider putting money toward a child’s future education costs. Nearly half of parents (45%) may ask family and friends this year to contribute to a 529 college savings plan for their kids, according to a survey from the College Savings Foundation. That compares
vitapix | E+ | Getty Images It’s a small but growing focus in the environmental, social and governance investing movement: gender equity. So-called gender-lens investing prioritizes companies with higher representation of women on their boards and in management positions, as well as those that score well on pay equity and other workplace policies that especially
Vladimir Vladimirov | E+ | Getty Images After a weekend of holiday shopping, Americans will be shelling out for charity on Giving Tuesday, which produced $2.47 billion from U.S. donors in 2020. But many don’t realize there’s a tax break for cash gifts in 2021, even if they don’t itemize deductions on their federal return.
A Social Security Administration office in San Francisco. Getty Images One of the most immediate effects at the onset of the Covid-19 outbreak early last year was an upheaval in the workforce. Now, almost two years later, data suggests only one cohort of older workers accelerated their retirement plans — those ages 70 and up.
Camille Tokerud Photography Inc. | Stone | Getty Images Your elderly mother is getting forgetful and confused. What do you do now? “Waiting until a senior’s decline is evident may already be too late,” said certified financial planner Ralph Bender, founder of Enduring Wealth Advisors in Temecula, California. When is the right time for adult
Americans are spending a little less this holiday season — but still more than they can afford. Total spending on Black Friday, both in stores and online, fell slightly from a year ago — the first decline on record — in part because holiday shoppers started their shopping earlier in face of supply chain setbacks
Getty Images Want to make more money? You may want to consider switching jobs. Some 24% of Americans said that changing jobs is the best way to get a pay boost, according to a recent online survey from MagnifyMoney of nearly 1,000 working adults. In addition, millennials were more likely than their older coworkers to