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@KELLIGRANT
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'Secure 2.0' clears Congress as part of omnibus appropriations bill, will bring more changes to U.S. retirement system | |||||
Both chambers of Congress have now approved an omnibus government-funding bill, which includes dozens of retirement-related provisions known as "Secure 2.0." | |||||
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IRS delays tax reporting change for 1099-K on Venmo, Paypal business payments | |||||
Tax professionals and consumers are likely to cheer the delay, which means the pre-2022 threshold of $20,000 for more than 200 transactions applies for now. | |||||
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Don't let these 3 credit myths cost you money next year as interest rates rise | |||||
One of the costliest misconceptions is that carrying a small balance from month to month will give your credit score a boost. | |||||
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Families can make a tax-free rollover from 529 plans to Roth individual retirement accounts starting in 2024 | |||||
Lawmakers say new rules would rescue funds from tax penalties and promote more college savings. Others think the measure amounts to a tax break for wealthy. | |||||
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What to know about the two student loan forgiveness cases the Supreme Court will hear legal arguments on in February | |||||
Two of the legal challenges brought against President Joe Biden's student loan forgiveness plan have reached the U.S. Supreme Court. | |||||
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Congress' lame duck session leaves 'unfinished business' on issues that address Americans' everyday financial needs | |||||
Here's what didn't make the cut in year-end legislation and how lawmakers could address that "unfinished business" in 2023. | |||||
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'Secure 2.0' would provide a limited federal 'match' on contributions for retirement savers with lower income | |||||
The provision would provide up to a 50% federal match on contributions to qualifying retirement accounts for people with income below set levels. | |||||
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Here are 10 ways to avoid the early withdrawal penalty for individual retirement accounts | |||||
Savers can access individual retirement account funds before 59½ without a 10% penalty in some cases. But it's generally not a good idea to raid savings early. | |||||
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Pell Grants could rise to a maximum $7,395 next year, in the biggest increase in over a decade | |||||
As part of its massive $1.7 trillion spending package for 2023, Congress is planning to up the maximum annual Pell Grant award to $7,395 — a $500 increase. | |||||
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'Young adults are particularly vulnerable to delinquencies' — 1 in 5 have debt in collections, new report finds | |||||
With little to no safety net, lower wages and shorter credit histories, young adults are struggling to manage high-interest debt, according to a new report. | |||||
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