Personal finance

In this article HRB Follow your favorite stocksCREATE FREE ACCOUNT An H&R Block tax preparation office is seen on Flatbush Avenue in the Prospect Heights neighborhood of Brooklyn in New York City on Feb. 6, 2024. Michael M. Santiago | Getty Images News | Getty Images After cracking down on TurboTax maker Intuit, the Federal

Fg Trade | E+ | Getty Images Amazon, Google, Microsoft and Paramount are among a long list of companies with recent layoffs. Many of those unemployed workers are now trying to figure out how to get by without a paycheck. CNBC spoke to financial experts on the best way to use your financial resources while

Alistair Berg | Digitalvision | Getty Images A record 8.7% cost-of-living adjustment helped Social Security beneficiaries stave off the effects of inflation in 2023. But as they file their federal returns this tax season, they may be surprised to find more of their benefit income has been taxed. Capitol Hill lawmakers on both sides of

Payment apps have come under scrutiny by lawmakers and regulators as their usage skyrockets. It only takes a tap to instantly send money to friends and family. Customers also use them to quickly buy goods online. That ease of use has 80% of Americans using mobile payment apps, according to a recent survey by NerdWallet.

Runstudio | The Image Bank | Getty Images Credit card interest rates have ballooned to record highs in recent years — and the growing portion of the formula that generates profit for card issuers is partly to blame, according to a new analysis by the Consumer Financial Protection Bureau. The average consumer paid a 22.8%

Getting into college is hard enough, but figuring out how to pay for it is even trickier. Problems with the new Free Application for Federal Student Aid only add to the stress this year. “All of these different pieces create a concern about placement and affordability,” said Eric Greenberg, president of Greenberg Educational Group, a New

U.S. President Joe Biden delivers remarks at an event at Culver City Julian Dixon Library, in Culver City, California, U.S. February 21, 2024.  Kevin Lamarque | Reuters When Marlon Fox, a chiropractor in North Charleston, South Carolina, got his student debt forgiven last year, he was thrilled. His $119,500 balance was reset to zero. But the

Eclipse_images | E+ | Getty Images Many near retirees expect Social Security to be their largest source of income when they stop working. Yet those who are on the brink of their so-called golden years fall short when it comes to knowledge about the program’s rules and what they can personally expect, according to a

For a growing number of families, financial aid is crucial when it comes to paying for college. But students must first fill out the Free Application for Federal Student Aid to access most forms of assistance. And this year, the new 2024-25 form has been plagued by problems. There is a bit of good news for families who have saved,

President Joe Biden takes questions from reporters, after he delivered remarks in the State Dining Room, at the White House on November 09, 2022 in Washington, DC.  Samuel Corum | Getty Images The Biden administration said on Wednesday that it would forgive $1.2 billion in student debt for nearly 153,000 borrowers enrolled its new repayment

President Joe Biden speaks about his economic plan at the Flex LTD manufacturing plant in West Columbia, South Carolina, on July 6, 2023. Sean Rayford | Getty Images Since the Biden administration’s first student loan forgiveness plan was rejected at the Supreme Court, it has been working on creating a new, legally viable relief package.

A Johnson, Vermont, resident removes items destroyed in flooding of a finished basement in 2023. Jessica Rinaldi/The Boston Globe via Getty Images American basements are a hodgepodge of personal property, leveraged as storage units, man caves, game rooms, wine cellars, home bars and secondary living rooms. The problem is: If your basement floods, your flood