Personal Finance

‘The IRS is not the boogeyman.’ Here’s what to do if you still can’t pay your taxes

Srdjanpav | E+ | Getty Images The tax extension deadline is approaching on Oct. 17, and a record 19 million…

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As Biden vows to ‘protect’ Social Security, here’s what we know about the future of benefits

Klaus Vedfelt | Getty Images As President Joe Biden, at a White House event on Tuesday, touted new legislation that…

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Higher-income Medicare beneficiaries may face smaller premium surcharges in 2023. Here are tips for reducing or avoiding those extra amounts

Shapecharge | E+ | Getty Images If you’re a higher-income Medicare beneficiary, you may be paying less in extra premium…

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IRS erred on child tax credit payments for millions of eligible families – but aid was 98% accurate overall, report finds

The IRS skipped about $3.7 billion in advance child tax credit payments for 4.1 million eligible households, but sent more…

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What the first legal challenge to derail Biden’s student loan forgiveness plan means for borrowers

Porquenostudios | Istock | Getty Images A lawyer working for a conservative legal group this week brought the first legal…

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Papa John’s is the latest employer to offer free college for frontline workers

In a war for talent, employers are drastically expanding their benefit offerings to attract and retain workers. Free college may…

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New retirees will face financial surprises. Advisors share how to stay ahead of those shocks

Retirement is a major goal many workers keep their eye on throughout their career. However, once people actually reach retirement…

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Even as expanded child tax credit helped millions out of poverty, some still haven’t accessed funds

wera Rodsawang | Moment | Getty Images Child poverty fell dramatically in 2021, thanks to an expansion put in place…

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8 million student loan borrowers will get automatic forgiveness. Here’s what you need to know

Leopatrizi | E+ | Getty Images As part of President Joe Biden’s historic student loan forgiveness plan, up to 8…

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How to turn stock losses into tax savings, and other ways to trim your tax bill

Review tax withholding First, you want to review how much money is being withheld from your pay for federal taxes.…

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