Personal Finance

Senate Minority Leader Chuck Schumer, Democrat of New York, holds a press briefing on Capitol Hill in Washington, DC, on November 6, 2020. Nicholas Kamm | AFP | Getty Images Senate Minority Leader Chuck Schumer, D-N.Y., has called on President-elect Joe Biden to forgive up to $50,000 for student loan borrowers. “Ahead of the new
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Students earning degrees at Pasadena City College participate in the graduation ceremony, June 14, 2019, in Pasadena, California. ROBYN BECK Millions of Americans got an early Christmas present this year – on Friday, the U.S. Department of Education extended the coronavirus pandemic-induced pause on student loan payments through January 2021. Accruing interest will also be
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A significant percentage of corporate chief financial officers are making 2021 spending and hiring plans around vaccine optimism, but the current case surge in the U.S. and Europe is making a dent in confidence. Robyn Beck | AFP | Getty Images Millions of Americans are still hoping for a second round of stimulus checks to
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Halfpoint Images | Moment | Getty Images Millions of people who were eligible for $1,200 stimulus checks still may not have received their money. Now, the Government Accountability Office and a few Democratic members of Congress are calling for the IRS and Treasury Department to step up their efforts to get the relief to those
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US Secretary of Education Betsy DeVos attends the “Getting America’s Children Safely Back to School” event in the State Room of the white House in Washington, DC, on August 12, 2020. NICHOLAS KAMM/AFP via Getty Images U.S. Department of Education Secretary Betsy DeVos announced on Friday that the payment pause and interest waiver for student
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The U.S. Capitol in Washington, D.C. Stefani Reynolds/Bloomberg via Getty Images Senate Majority Leader Mitch McConnell, R-KY, talks with reporters following the weekly Republican Senate conference meeting at the U.S. Capitol Dec. 1. The Senate GOP leaders were asked about the chances of Congress passing another coronavirus relief bill along with must-pass government funding legislation.
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A display is seen as bipartisan members of the Senate and House gather to announce a framework for fresh coronavirus disease (COVID-19) relief legislation at a news conference on Capitol Hill in Washington, U.S., December 1, 2020. Kevin Lemarque | Reuters Washington lawmakers introduced a new $908 billion coronavirus stimulus package on Tuesday that aims
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andresr | E+ | Getty Images You don’t have much time left to give your Medicare coverage a yearly checkup and make changes for 2021. The program’s annual enrollment period ends Dec. 7. If you take no action, you’ll automatically remain enrolled in your current plan. However, if you pass on the opportunity to see
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More than 40 million Americans have student loan debt, and outstanding student loans nationwide total more than $1.5 trillion. Soon, the government’s pause on federal student loan payments will expire, leaving millions of borrowers grappling with how they’ll pay what they owe in 2021. But Brandon Leake, a 28-year-old husband and father, figured out a
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Demonstrators display signs calling for an end to evictions and foreclosures during a rally at Boston Housing Court outside the Edward W. Brooke Courthouse on Oct. 29, 2020. David L. Ryan/The Boston Globe via Getty Images Expiring state eviction bans have led to hundreds of thousands of additional coronavirus cases, new research finds, raising alarm
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‘Tis the season to shore up your savings. In the days leading up to Black Friday, financial experts caution against overspending, particularly amid an economic crisis due to the coronavirus pandemic — and consumers are listening. One campaign, called “In the Black Friday,” spearheaded by the National Financial Educators Council, encourages consumers to avoid debt
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Lisa Lickers, her husband and their blended family before the arrival of their baby. Source: Lisa Lickers Navigating the terrain of a blended family’s financial life is tricky enough in normal times. Add a pandemic into the mix, and things can get downright exhausting. “Stressful financial situations bring to the surface underlying family dynamics,” said
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Getty Images If you receive a text, email or phone call purporting to be from the Social Security Administration, think twice before responding. The people on the other end are likely fraudsters. And they’re looking to catch individuals off guard and take advantage of their fears. The November Retirement Confidence Index from SimplyWise, a technology
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Amid one of the worst public-health crises in history, a record number of Americans are without health insurance. John Fedele It’s open enrollment season, meaning it’s again time for many Americans to sit down and go over their employer-sponsored workplace benefits for next year. The coronavirus pandemic has made health benefits top of mind for
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