Andrew Fox | The Image Bank | Getty Images “Dead” investors often beat the living — at least, when it comes to investment returns. A “dead” investor refers to an inactive trader who adopts a “buy and hold” investment strategy. This often leads to better returns than active trading, which generally incurs higher costs and […]
Amid tariff sell-off, avoid ‘dangerous’ investment instincts, experts say
Jamie Grill | Getty Images As U.S. markets continue to suffer steep declines in the wake of the Trump administration’s new tariff policies, you may be wondering what the next best move is when it comes to your retirement portfolio and other investments. Behavioral finance experts warn now is the worst time to make any […]
Disability advocates sue Social Security and DOGE to stop service cuts
A Social Security Administration (SSA) office in Washington, DC, March 26, 2025. Saul Loeb | Afp | Getty Images A group of disability advocates filed a federal lawsuit against the Social Security Administration and the so-called Department of Government Efficiency on Wednesday aimed at stopping cuts to the agency’s services. Recent changes at the Social […]
Trump administration loses appeal of DOGE Social Security restraining order
A person holds a sign during a protest against cuts made by U.S. President Donald Trump’s administration to the Social Security Administration, in White Plains, New York, U.S., March 22, 2025. Nathan Layne | Reuters The Trump administration’s appeal of a temporary restraining order blocking the so-called Department of Government Efficiency from accessing sensitive personal […]
The U.S. government is phasing out paper checks. What that means for you
Checks are printed at the U.S. Treasury Philadelphia Finance Center in Philadelphia, Pennsylvania. Dennis Brack | Bloomberg | Getty Images Paper checks were already dying a slow death. President Donald Trump on March 25 signed an executive order mandating that all federal departments and agencies end their use of paper checks and switch to electronic […]
As Trump reciprocal tariffs near, economists say VATs aren’t trade barrier
A container ship at the Port of Hamburg in Hamburg, Germany. Maria Feck/Bloomberg via Getty Images President Donald Trump is planning to unveil reciprocal tariffs on Wednesday to retaliate against trade practices his administration deems unfair or discriminatory. Among the grievances is the “value-added tax,” or VAT, which Trump called “far more punitive” than tariffs […]
Why fewer young adults are able to invest in homeownership
FILE PHOTO: An “Open House” sign outside of a home in Washington, DC, US, on Sunday, Nov. 19, 2023. Nathan Howard | Bloomberg | Getty Images When Maryland Governor Wes Moore was 8 years old, his mother told him she wanted to send him to military school to correct his behavior. Yet it wasn’t until […]
These big inherited IRA mistakes can shrink your windfall
Djelics | E+ | Getty Images If you’ve inherited an individual retirement account, you may have big plans for the balance — but costly mistakes can quickly shrink the windfall, experts say. Many investors roll pre-tax 401(k) plans into traditional IRAs, which trigger regular income taxes on future withdrawals. The tax rules are complicated for […]
Late student loan bills can drop credit scores by 171 points, Fed reports
A student works in the library on the campus of American University in Washington, D.C., U.S., March 20, 2025. Nathan Howard | Reuters The more than 9 million student loan borrowers who are estimated to be late on their payments could experience “significant drops” in their credit scores during the first half of 2025, the […]
Trump administration re-opens student loan repayment plan applications
A person walks on campus at Muhlenberg College in Allentown, Pennsylvania, U.S. March 26, 2025. Hannah Beier | Reuters The U.S. Department of Education announced it is re-opening the online applications for income-driven repayment plans, the programs used by millions of federal student loan borrowers to repay their debt. The IDR plans now available, according […]