U.S. President Donald Trump holds a signed executive order during an event in The Villages, Florida, U.S., on Thursday, Oct. 3, 2019. EveEdelheit | Bloomberg | Getty Images A little-used Medicare option is getting a big push from the White House. An executive order signed on Thursday by President Donald Trump includes a call for
Personal finance
When it comes to college financial aid, you can’t win if you sit on the sidelines. Students need to file a Free Application for Federal Student Aid, or FAFSA, to get in the running for federal and state aid. The average cost of tuition, fees, and room and board reached $21,370 for in-state pupils a
Hall of Fame running back Terrell Davis once made a huge money blunder — and he’d like others to learn from it. “The biggest money mistake I’ve made — I’ve made a lot of those, by the way — was investing in a project that didn’t exist, that never came to fruition,” said Davis, who
Kevan Earl, 54, has lived in the United Kingdom for the last 53 years. He was born in Nashville, Tennessee, making him an “accidental American.” Kevan Earl Kevan Earl of Manchester, England, may not feel like he is an American. The IRS would say otherwise. The 54-year-old was born in Nashville, Tennessee, to British parents.
Hero Images | Getty Images For people turning 65 next year, the lineup of Medicare supplemental insurance policies — aka, Medigap plans — will look somewhat different. While the options will remain the same for people who turn 65 before Jan. 1, those who hit that Medicare-eligible age after this year will have fewer choices.
Tyler Huck, his wife Claire and daughter Camryn. Source: Tyler Huck When Tyler Huck graduated from college in 2008, it was smack in the middle of the financial crisis. That shaped his views on money and investing. “I saw friends, family lose heavy money on real estate,” Huck said. “I saw parents lose heavy money
Sean Murphy | Stone | Getty Images If you’re taking a hefty check from your 401(k) plan as you leave your employer, you might be making a big mistake. Just over 9 out of 10 employers give their employees multiple options to take a distribution from their retirement plan, according to a new survey from
Laura Oldanie, 49, would like to see more investing strategies in companies that look to regenerate the planet. Source: Laura Oldanie Investing in equities is investing in ownership. Whether it’s individual stocks or a group of companies within a fund, you are putting your money into actual businesses. However, you may not believe in the
When it comes to love, debt can be a dealbreaker. These days, one-third of millennials would consider breaking up with their significant other because of a financial secret, such as hidden debt or a bad credit score, according to TD Bank’s fifth annual Love and Money Survey released Tuesday. Still, more than 1 in 4
Sticking to a household budget is apparently difficult. As in, really difficult. While 74% of people say they have some sort of budget, 79% don’t stick to it, according to new research from SlickDeals.net, a crowd-sourced shopping platform. The average weekly amount consumers spend — not counting bills such as mortgage or rent, utilities, etc.
It’s possible to be a successful investor without a deep grasp of markets, economic principles and math. When it comes to managing your day-to-day finances, that may not be the case. Ric Edelman, founder of Edelman Financial Engines, says the answer isn’t clear-cut. “Yes, your actions matter more than your attitude,” Edelman said. “But your
U.S. Treasury Secretary Steven Mnuchin talks to reporters about cryptocurrency in the Brady Press Briefing Room at the White House July 15, 2019 in Washington, DC. Mnuchin said the Treasury is very concerned about Facebook’s Libra cryptocurrency and that he wants the government to “make sure that the U.S. financial system is protected from fraud.”
If your employer doesn’t offer a retirement plan, a new option might change that. A federal rule now in effect allows companies to team up through certain employer groups and professional organizations to offer a shared 401(k) plan to their workers. The rule, which aims to expand the use of so-called multiple-employer plans, comes as
Today’s reality: Before you decide on which college to attend, you have to come up with a way to pay for it. To that end, families are relying on financial aid more than ever before to help cover the skyrocketing cost of tuition. More than 8 in 10 families tap scholarships and grants — money
Getty Images When public safety technologies company Axon wanted to change the performance incentives for its CEO, Rick Smith, the company took it one step further. Now, the company’s employees are able to participate in an aggressive compensation plan that’s tied to the public company’s goals. The plan mirrors the same incentives Smith is working
EAST RUTHERFORD, N.J. — On a morning in mid-September, former National Football League player Patrick Kerney stood in front of an audience of rookies from the New York Giants. His agenda: to help the young players avoid bad spending habits, as well as teach basic money management and investing concepts. “When you decide to spend
Julie Thurston | Getty Images It’s cram time for entrepreneurs and other taxpayers with complicated income tax returns. That’s because the Oct. 15 deadline for taxpayers who filed for an extension with the IRS is right around the corner. Though these same taxpayers were able to get more time to work on their 2018 tax
AndreyPopov | iStock | Getty Images Want to save up for a down payment? Stay home with your kids? Earn a degree? It may seem impossible, but people throughout the country give up a salary to make it happen. If you want to manage on one salary, there is a magic bullet. It’s managing your
Bettmann | Getty Images If you want to know where the wealthy prefer to put their money, you might be surprised to find out it’s in cash. A Capgemini report found that cash surpassed equities for high-net-worth individuals as their No. 1 asset class in the first quarter of 2019. The reason: market uncertainty. In
Getty Images If you’ve been racking your brain about where to retire on a budget, it might be time to think outside the U.S. A report by International Living, which publishes information about living abroad, lists destinations where you can coast on less than $30,000 a year. To be sure, retiring in a new country