Personal finance

Maskot | Maskot | Getty Images People living longer and in poor health has become a costly trend. An estimated 7 out of 10 people will require long-term care in their lifetime. The median cost for a private room in a nursing home is more than $100,000 a year — and it’s $60,000 or more

Tax filing season officially starts today, Monday, Jan. 29 — marking the first day that you (or your tax preparer) can submit your 2023 federal tax return for the IRS to accept and process.  To avoid being surprised by new IRS guidelines or how changes in your financial life will impact your taxes, here are

Maskot | Digitalvision | Getty Images Workers are sour on the job market — but that pessimism may be somewhat misplaced. The Glassdoor Employee Confidence Index in January fell to its lowest level since 2016, when the career site began tracking the metric, it said Monday. The index measures how workers feel about their employer’s

Medium shot of smiling woman trying on sunglasses while shopping in boutique during vacation Thomas Barwick | Digitalvision | Getty Images Currently trending on TikTok: digital cameras, Jellycat plush toys and lip oils. But the bigger trend? Not buying any of it. “Loud budgeting,” which emphasizes being vocal about wanting to save money, is a

Fotostorm | E+ | Getty Images Millions of American workers are paying for early access to their paychecks. In some cases, it can come with a steep price. So-called “earned wage access” programs, which operate either directly to the consumer or through employers, let workers tap a portion of their wages before payday, often for

By many measures, Generation Z is doing well. Compared with their parents at this age, young adults are more likely to have a college degree and work full time — particularly women, who are not only achieving increasing levels of education but also earning more.    However, Gen Z adults are also less likely to own a

Kseniya Ovchinnikova | Moment | Getty Images The opening of tax season is approaching — and experts have a few reminders before you file. The IRS expects to receive more than 128.7 million individual tax returns before the deadline for most filers, which is April 15. Generally, the best way to avoid a delayed refund

Fg Trade | E+ | Getty Images After the loss of a family member or close friend, one of the last things someone wants to think about is their job. Unfortunately, they often have to. The U.S. has no federal bereavement leave policy, meaning workers aren’t guaranteed time off after the death of a loved

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the UK Global Investment Summit at Hampton Court Palace in London, UK, on Monday, Nov. 27, 2023.  Chris Ratcliffe | Bloomberg | Getty Images When filing tax returns this season, low- to middle-income families may have money coming back to them, thanks to the

In this article CASS Follow your favorite stocksCREATE FREE ACCOUNT Alvaro Gonzalez | Moment | Getty Images If you’re looking for an accountant to help you with your taxes this year, good luck. As fewer college students graduate with accounting degrees, the number of accountants and certified public accountants has been declining. That can make

In this article GOOGL AMZN EBAY MSFT Follow your favorite stocksCREATE FREE ACCOUNT Skynesher | E+ | Getty Images Microsoft joined a list of big tech companies that announced major layoffs at the start of 2024. The technology company plans to cut about 9% its Gaming Unit headcount, amounting to 1,900 laid off workers, according

Ascentxmedia | E+ | Getty Images High inflation has prompted even well-to-do Americans to rethink their spending habits. But one group — affluent millennials — are more likely to lie or exaggerate their finances to appear financially successful, according to a recent survey from Wells Fargo. That goes for 34% of affluent millennials versus just