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Personal Finance
16 Million Student Loan Borrowers Will Get A New Student Loan Servicer Next Year
President Joe Biden (Photo by SAUL LOEB/AFP via Getty Images) AFP via Getty Images You may be getting a new student loan servicer. Here’s what you need to know — and what it means for your student loans. Student Loans If you’ve been…
Major Changes To Student Loan Forgiveness May Come This Week
President Joe Biden (Photo by SAUL LOEB/AFP via Getty Images) AFP via Getty Images Major changes to student loan forgiveness may come this week. Here’s what you need to know — and what it means for your student loans. Student Loans As…
The Power Of Health Savings Accounts For Retirement Planning
getty The number of health savings accounts (HSAs) is soaring, but most account holders fail to take full advantage of the retirement planning power of HSAs. There were more than 30 million HSAs holding about $82.2 billion at the end…
A Pandemic Necessity: Check Your Homeowner’s Insurance
getty One collateral effect of the Covid-19 pandemic might be the protection offered by your homeowner’s insurance. You’re no doubt aware that two consequences of the pandemic are increased demand for homes and shortages of many building…
It’s Past Time For Congress To Fix Social Security
getty On August 31 the Trustees of Social Security and Medicare finally issued their 2021 annual report. The news wasn’t good, but not as bad as many expected. Normally the trustees issue their annual report sometime in the Spring. Last…
Finding Money In Your Later Years
Us dollar bill. Washington american cash. Falling usd money background. getty For some fortunate older adults, 2020 and 2021 have proved to be financial boon years. They spent less than in normal years because they weren’t traveling,…
7 Ways The New Tax Bill Could Impact Retirement Planning
The Ways and Means Committee released the first draft of a major tax bill this week. While it is mostly aimed at increasing taxes to pay for other social policies and government infrastructure initiatives, there are a number of…
Why Most Financial Plans Fail
Studies suggest that most—at least 70%—of financial planning recommendations aren’t implemented. While we can hypothesize a number of singular reasons why this number might be so ugly, I’ll suggest that it’s actually a confluence of (at…
IRAs For All? Mandatory Retirement Accounts Part Of $3.5 Trillion Budget Plan
The auto-IRA is a big deal to get people started saving for retirement. getty Do Americans need a nudge from their employers—and a handout from Washington—to get them to save for retirement? That’s the premise behind draft retirement…
The Unique Estate Planning Needs Of The Unmarried
getty Estate planning discussions often give the impression that every senior in America is married with two or more kids. That’s not true, of course, and those who do not fit the profile need estate planning guidance at least as…