A view of the U.S. Capitol building a day before a partial government shutdown is scheduled to take place, on Capitol Hill in Washington, D.C., U.S., September 30, 2025. Annabelle Gordon | Reuters Premiums for health plans purchased over the Affordable Care Act marketplace will more than double in 2026 if enhanced subsidies expire at […]
The two-step plan that can be ‘incredibly helpful’ for your savings
Xavier Lorenzo | Moment | Getty Images Many of us set savings goals. But we don’t always follow through. About 90% of Americans set financial goals for 2025, according to a recent NerdWallet survey. As of June, about 37% of the 2,090 adults NerdWallet surveyed weren’t on track to hit their biggest financial goal. There’s […]
Social Security’s retirement age language may change
Brothers91 | E+ | Getty Images Deciding when to claim Social Security retirement benefits is a big decision — and Congress is looking at changing the program’s wording to help people better understand their options. Understanding the trade-offs for claiming at different ages can be confusing, and some experts say the terms the agency currently […]
EV tax credit deadline — IRS delays pose a problem for car dealerships
Internal Revenue Service headquarters on April 30, 2025, in Washington, DC. J. David Ake | Getty Images News | Getty Images The Internal Revenue Service has been slow in recent weeks to approve and pay federal tax credits for electric vehicles, according to auto dealers and industry analysts — creating confusion for car dealers and […]
Student loan borrower PSLF Buyback backlog swells to 74,510
Alex Potemkin | E+ | Getty Images More than 74,000 federal student loan borrowers are stuck in a backlog of applications for a popular student loan forgiveness program. That program, called Public Service Loan Forgiveness Buyback, allows borrowers pursuing PSLF to get their debt wiped away sooner than they might have expected. Signed into law […]
Education Department opens FAFSA ahead of schedule
SDI Productions | E+ | Getty Images The U.S. Department of Education opened the Free Application for Federal Student Aid form on Wednesday — one week before the anticipated Oct. 1 launch date. The early start may help more students gain college access, experts say. Completing the FAFSA is the only way to tap federal aid money for higher […]
Fiduciary standard helps you to know who to trust with money advice
Violetastoimenova | E+ | Getty Images It can be hard to know who you can trust with financial advice. Asking one key question can help: Are you a fiduciary? A fiduciary is someone who has a legal duty to act in the best interest of their client when offering them financial guidance and managing their […]
States with the most tax savings
People enjoy an unusually warm day in New York City as temperatures reach the low 80s on June 4, 2025 in New York City. Spencer Platt | Getty Images President Donald Trump‘s “big beautiful bill” temporarily raised the limit on the federal deduction for state and local taxes, known as SALT, from $10,000 to $40,000 […]
Red flags to watch out for when picking a financial advisor
Image Source | Image Source | Getty Images Whether through a friend of a friend or on FinTok, there are a lot of ways to find a financial advisor these days. Picking the right person for your needs is a different story. “If you can’t make a connection, chances are the advice might be a little […]
How to maximize travel credit card benefits with high annual fees
American Express announces the new platinum business card. Courtesy: American Express As issuers push annual fees higher for some premium travel rewards credit cards, experts say it’s important for consumers to consider if such cards are worth the cost. On Thursday, American Express announced that consumer and business versions of its Platinum credit card will […]