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Michael Nagle/Bloomberg via Getty Images Morgan Stanley will repay $1.7 million to customers who paid high costs on investments earmarked for education expenses like college tuition. The brokerage firm is paying the sum, including nearly $1.5 million in restitution plus interest, to about 2,300 customers who are saving money in 529 plans, the Financial Industry
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Igor Golovniov/SOPA Images/LightRocket via Getty Images Dead people may get some of the $600 stimulus checks the federal government began issuing Tuesday night. That would mirror what happened this past spring, when deceased individuals were among the recipients of a prior round of direct payments, of up to $1,200 per person. More than 1 million
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The government’s stimulus response to the pandemic may accelerate the trend of companies offering student loan assistance as a benefit. Mark Chilton | iStock | Getty Images Student loan assistance, which started as a niche offering by a handful of companies, was already finding its way into the mainstream menu of workplace benefits before Covid
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The New York Stock Exchange (NYSE) in lower Manhattan. Spencer Platt | Getty Images The legacy of 2020 will endure in America’s collective memory for many reasons: a deadly pandemic, a vicious presidential election. It also brought the most severe recession in almost a century, which hurtled millions into poverty and joblessness and created burgeoning
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Social Security is falling short because of persistent wage inequality and political inaction; President-elect Biden has comprehensive plans to strengthen Social Security. A woman with her children walks with a placard reading ‘Social Security, not Global Security’. … [+] Thousands protesters marched again against the ‘Global Security Law’ bill promoted by French President Macron and
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