Workers may have jobs where they pay into Social Security or earn pension benefits. When they have both, their Social Security benefits may be adjusted to reflect that. There’s growing support in Congress to either revise those rules or eliminate them altogether. Araya Doheny | Getty Images When Dave Bernstein, 87, started working at the … Read more
The Biden administration restarted student loan bills for 40 million Americans this month. So far, the transition is proving painful for many borrowers. Education Secretary Miguel Cardona, at rear, listens as Vice President Kamala Harris speaks in Washington, D.C., June 2, 2022. Olivier Douliery | Afp | Getty Images Amberlee McGaughey, a librarian in Pennsylvania, … Read more
New social media videos are start to removing the stigma tied to spending decisions. As lifestyle choices become more transparent, that may ultimately help people become wealthier, experts say. Photo taken in Amalfi, Italy Sergio_pulp | Istock | Getty Images “Have you ever been broke, but no one believes you because you don’t look like … Read more
The Federal Reserve raised its benchmark interest rate by 50 basis points on Wednesday, which sends small business loans to the double-digits percentage range for the first time in decades. Small business loans are based on the Prime Rate, which will now be 7.5%, the highest since 2007 and pushing most SBA loans to a … Read more