Personal finance

Halfpoint Images | Moment | Getty Images Consumers no longer have to wait to file their annual tax returns to get a tax break for the purchase of a new electric vehicle. At the start of 2024, the federal “new clean vehicle” tax credit became available as a point-of-sale discount — worth up to $7,500

Travis Kelce of the Kansas City Chiefs, left, and George Kittle of the San Francisco 49ers stand on stage during Super Bowl LVIII Opening Night at Allegiant Stadium on February 5 Las Vegas. Chris Unger | Getty Images Sport | Getty Images Sunday’s Super Bowl LVIII between the San Francisco 49ers and Kansas City Chiefs

JGI/Jamie Grill | Blend Images | Getty Images Millennials’ retirement prospects seem rockier than those of older generations of Americans. That’s largely a function of long-term policy changes — like a later age for full Social Security benefits and a shift to 401(k)-type plans — longer average lifespans and a bigger student debt burden relative

Justin Paget | Digitalvision | Getty Images If you were fully remote or a hybrid worker in 2023, you may be curious about the home office deduction for your tax return. While fully remote work is now less common, hybrid positions represented 13.1% of U.S. job postings in December, and nearly 20% of all applicants

Kupicoo | E+ | Getty Images Deciding to combine your finances with your significant other can be a big step in the relationship. Nearly 2 in 5 couples, or 39%, of couples who live together completely combine their finances, whether they’re married or not, according to a new report by Bankrate. How couples handle money

Thomas Barwick | Digitalvision | Getty Images A fight is brewing in Washington over whether the mandatory retirement age for airline pilots should be raised from 65. The debate comes as baby boomers more broadly are reaching “peak 65” — the biggest number of Americans reaching that age in history. With that wave, the U.S.

Silke Woweries | The Image Bank | Getty Images Turning 50 is a milestone birthday — and it becomes harder to ignore that retirement may be just around the corner. But research shows that many Americans reach that decade feeling financially unprepared for what’s ahead. Generation X — the oldest of whom turn 59 this

Witthaya Prasongsin | Moment | Getty Images If your tax refund or bill is bigger than expected, it could be time to adjust your paycheck withholding — and a simple calculation could help, experts say.      Typically, you get a refund when you overpay taxes throughout the year, and you owe money when you don’t pay

TikTok‘s latest financial trend, “loud budgeting,” can be as simple as saying “Hey, I don’t want to spend money right now,” Lukas Battle explained on CNBC’s “Power Lunch.” The concept encourages consumers to take control of their finances and be vocal about making money-conscious decisions, rather than modeling purchase behaviors after celebrities and their bottomless

Americans now owe a collective $1.13 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances increased by $50 billion, or roughly 5%, in the fourth quarter of 2023, the New York Fed found. Credit card delinquency rates also jumped — particularly among

Guido Mieth | Stone | Getty Images As millions of Americans start filing returns, experts warn that last year’s tax withholding errors could trigger an unexpected bill. The IRS requires tax payments throughout the year and many workers do that via automatic employer paycheck withholdings. Typically, you can expect a refund if you overpaid. By

The U.S. Department of Education announced Monday it is introducing a “FAFSA College Support Strategy” with additional personnel, funding, resources and technology to help colleges process the new Free Application for Federal Student Aid forms after the rollout was repeatedly complicated by a number of setbacks.   “We are determined to get this right,” U.S. Secretary of Education Miguel