Personal finance

Airline industry workers protest in favor of pandemic relief in Chicago’s Federal Plaza on Sep. 9, 2020. KAMIL KRZACZYNSKI/AFP via Getty Images Millions of Americans have headed back to work since the depths of the coronavirus-induced recession in the spring. But nearly 13 million remain unemployed — about 7 million more workers than pre-pandemic levels.

Getty Images Social Security beneficiaries will see a 1.3% increase to their monthly checks in 2021. The amount was announced on Tuesday by the Social Security Administration, and was in line with previous estimates. Last month, The Senior Citizens League, a nonpartisan advocacy group for older Americans, projected a 1.3% boost, based on available Consumer

Millions of Americans are hoping another $1,200 stimulus check will make it to their bank accounts. Whether that happens or not depends on Congress. Republicans, Democrats and the White House still have not been able to strike a compromise on how much to spend and where to provide aid for the next coronavirus stimulus package.

Suze Orman leaving the hospital in July 2020, after surgery to remove a tumor from her spine. Source: Kathy Travis Suze Orman didn’t take her own advice, at least when it came to her health. The New York Times best-selling author and personal finance expert had emergency surgery in July for a tumor on her

Westend61 | Westend61 | Getty Images  A key deadline is around the corner for millions of procrastinating taxpayers. About 12 million people took an extension to file their 2019 tax returns, according to data from the IRS. That’s down from the 15 million extension requests the agency received last year. The drop-dead date to get

Democratic presidential nominee and former vice president Joe Biden speaks at a campaign stop in Miami on Oct. 5, 2020. Roberto Schmidt | AFP | Getty Images Taxes could rise for the wealthiest households  in a Joe Biden presidency. However, you might want to think twice before making any dramatic moves. Indeed, Biden’s tax plan

President Franklin D. Roosevelt signs the Social Security Act into law on Aug. 14, 1935. FPG | Archive Photos | Getty Images Many people think of Social Security as the program their parents and grandparents rely on for financial support in retirement. For James Roosevelt, Jr., it has a special significance.  His grandfather created it.

Remote schooling remains a struggle for many families. Yet there is still a real risk in returning to the classroom. As of a recent tally, 87% of institutions have combined in-person and virtual learning in response to the public health crisis, according to a report by the Institute of International Education that was based on data collected

Online shopping is surging in the pandemic. martin-dm | E+ | Getty Images The other night, I was feeling a little more tired and burned out than usual. I smelled the candle on my desk to see if I could pick up its scent. What if I was coming down with Covid-19? I got a

James M. Dahle, MD, founder of The White Coat Investor. James M Dahle, MD It has been recognized for years that our health can be affected by our wealth, or lack thereof. Stress is a major contributor to both mental and physical health, and financial issues are one of the biggest stressors around. In my

U.S. President Donald Trump waves upon return to the White House from Walter Reed National Military Medical Center on October 05, 2020 in Washington, DC. Win McNamee | Getty Images News | Getty Images Millions of Americans have been waiting for Congress to pass another stimulus package that would deliver them financial relief during one

miodrag ignjatovic Taking steps to sort out your finances, including increasing your financial knowledge, can help alleviate money stress in times of uncertainty. Financial stress is nothing new for many Americans, and the coronavirus pandemic has exacerbated anxiety for a lot of people. As many as 84% said in September that the Covid-19 crisis is

Susan G. Komen’s More Than Pink Walk in Atlanta in 2018 Source: Susan G. Komen Breast Cancer Awareness Month is usually marked by galas, walks and other fundraising events. This year, it’s eerily silent.  The coronavirus pandemic has pushed those events online, or caused them to be cancelled. The impact could be devastating for nonprofits

Audience members listen as Democratic presidential nominee and former vice president Joe Biden participates in a CNN town hall event on Sept. 17, 2020 in Moosic, Pennsylvania. Drew Angerer | Getty Images Expanding the child tax credit Currently, families with qualifying children under age 17 may be eligible to claim a child tax credit of

U.S. President Donald Trump walks to Marine One on the South Lawn of the White House on October 1, 2020 in Washington, DC. Drew Angerer | Getty Images It appears unemployed workers won’t get another boost in their weekly benefits any time soon, after President Donald Trump pulled officials out of negotiations on a fifth

Getty Images President Donald Trump is calling for Congress to move on approving a second round $1,200 stimulus checks to millions of Americans. But don’t count the money just yet. The president tweeted on Tuesday night he supports standalone legislation to authorize those payments. That was a reversal from his position earlier in the day,

Scott Rothstein | Getty Images The recent disappearance of a financial advisor — and possibly client money — may serve as a cautionary tale for investors. Christopher Burns, owner of Dynamic Money in Atlanta, was reported missing by his wife on Sept. 25 after she couldn’t reach him, according to a Gwinnett County, Georgia, police

David Rea, president of Salem Investment Counselors in Winston-Salem, North Carolina. Salem Investment Counselors Stock prices are “OK” — neither cheap nor pricy — given prevailing interest rates and other factors like federal stimulus money that’s been pumped into the U.S. economy since the spring, according to David Rea, the president of Salem Investment Counselors. The Winston-Salem,

The U.S. Capitol in Washington, D.C. Stefani Reynolds/Bloomberg via Getty Images Democrats and Republicans still seem unable to find common ground on enhanced unemployment benefits, more than two months after the expiration of a prior, $600 weekly subsidy that had buoyed household income for millions. White House officials and senior congressional Democrats are still trying

kali9 | E+ | Getty Images The Covid-19 pandemic has produced a rise in estate planning. To that point, a survey conducted for LegalZoom.com found that 32% of young people ages 18 to 34 said they got a will because of Covid-19. What’s more, 21% of that age group also drew up a will specifically