Personal finance

Customers visit the Macy’s Herald Square store in New York City on Dec. 17, 2023. Kena Betancur | Corbis News | Getty Images For some shoppers, the upcoming holiday season may lead to significant credit card debt. Meanwhile, some people are still paying off debt from last year’s gift buying. In fact, 28% of shoppers who
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Leopatrizi | E+ | Getty Images If you need a tax preparer for the 2025 filing season, now is the time to start looking, experts say. Finding a preparer could take longer amid the industry’s staffing shortage, particularly for areas of specialty expertise, such as cryptocurrency or international taxes. “I would absolutely 100% recommend starting
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Arizona residents rally for abortion rights on April 16, 2024 in Phoenix, Arizona. Gina Ferazzi | Los Angeles Times | Getty Images Abortion is an important issue for many voters, especially young women, heading into the November election. Abortion access is about more than politics, or health care: It’s also a personal finance issue, said
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Former President Donald Trump and Vice President Kamala Harris are shown on screen during a debate watch party at the Cameo Art House Theatre in Fayetteville, North Carolina, Sept. 10, 2024. Allison Joyce | Bloomberg | Getty Images With the Social Security Administration facing a looming funding crisis over the next decade, it’s clear that the
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Voters work on their ballot at a polling station at the Elena Bozeman Government Center in Arlington, Virginia, on September 20, 2024. – | Afp | Getty Images Many investors worry about how the outcome of the presidential election will impact their investments. But there’s another risk financial advisors are focused on — public debt,
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Ivy League architecture at Princeton University. Loop Images | Getty Images At the nation’s top schools, including many in the Ivy League, acceptance rates hover near all-time lows. “College admissions only ever gets more competitive and there’s a lot of stress from families about the stakes and how to get in,” said Thomas Howell, the founder
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Jacob Wackerhausen | Istock | Getty Images Starting in 2025, certain heirs with inherited individual retirement accounts must take yearly required withdrawals or face a penalty. But some non-spousal beneficiaries should consider taking distributions sooner, depending on their situation, even if annual withdrawals aren’t required, financial experts explain.  “This is about multi-year tax planning” to
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Twenty47studio | Moment | Getty Images Millions of Social Security beneficiaries will benefit from the 2.5% cost-of-living adjustment for 2025, set to take effect in January. With that increase, the maximum Social Security benefit for a worker retiring at full retirement age will jump to $4,018 per month, up from $3,822 per month this year,
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