Personal finance

Scott Heins | Getty Images News | Getty Images Mom-and-pop landlords are in a worse financial position relative to their higher-earning peers as unemployment remains elevated and Americans continue to struggle to pay rent, according to a new analysis. Roughly a third of individual landlords who own residential property are from low- to moderate-income households
0 Comments
Democratic presidential candidate former Vice President Joe Biden reacts while giving a speech during a campaign event at Tougaloo College on March 08, 2020 in Tougaloo, Mississippi. Jonathan Bachman | Getty Images The 2020 presidential election could be a make it or break it moment for Social Security. The reason: Social Security’s funding, already on
0 Comments
Getty Images Saving for retirement is crucial. Yet trying to figure out the best retirement plan may leave many people confused. You may have the option to contribute to an employer-sponsored plan, like a 401(k) plan. There are also individual retirement accounts: the traditional, into which contributions are made pre-tax, and Roth IRAs, in which
0 Comments
A store displays a sign before closing down permanently in Arlington, Virginia. OLIVIER DOULIERY/AFP via Getty Images States are poised to raise taxes on businesses starting next year and cut jobless benefits for workers as the coronavirus-fueled downturn continues to stress unemployment systems around the country. Industries like bars and restaurants that were hit hardest
0 Comments
Sarah Casillas | DigitalVision | Getty Images The IRS has a message for about 9 million Americans: You could still be eligible for a $1,200 stimulus check. The government has sent out about 160 million stimulus checks since legislation authorized those payments in the spring. Still, millions of Americans have yet to receive any money
0 Comments
Getty Images Working parents are feeling the sting of the coronavirus pandemic — and it’s hitting women especially hard. School shutdowns have left many trying to juggle work, childcare and helping their kids with distant learning. Since the crisis began,  40% of working parents have had to change their employment situation, according to a new
0 Comments
The Federal Reserve said Wednesday it would keep its benchmark interest rate near zero for as long as it takes to help the economy bounce back from the coronavirus crisis. The Fed said the ongoing coronavirus pandemic will “weigh heavily” on the near-term outlook and poses “considerable risks” for the medium term. In addition to holding rates near rock bottom, the
0 Comments
Hundreds of jobless people wait outside the Kentucky Career Center for help with their unemployment claims on June 19 in Frankfort, Kentucky. John Sommers II/Getty Images Americans who are hoping for more financial assistance may have to wait until after the November election before Congress can strike a deal. Yet experts say continued financial assistance
0 Comments
U.S. President Donald Trump speaks during a campaign event at Smith Reynolds Regional Airport in Winston-Salem, N.C., September 8, 2020. Jonathan Ernst | Reuters It’s been nearly two weeks since President Donald Trump’s payroll tax deferral took effect – and large employers so far seem to have little appetite for the holiday. Starting on Sept.
0 Comments
Stephen Maturen | Getty Images Recent stock market highs and lows have investors already bracing themselves for one more looming uncertainty: the presidential election.     If you’re like most investors, you’re already anticipating that the outcome of this year’s race for the White House will have an impact on your money. The vast majority of
0 Comments
Drew Angerer | Getty Images News | Getty Images Most unemployed workers will get up to $1,800 in extra jobless benefits through the Lost Wages Assistance program created last month by the Trump administration. The program pays a $300-a-week federal subsidy on top of the unemployment benefits workers currently receive. It follows the lapse of
0 Comments
Thomas Barwick | DigitalVision | Getty Images A key tax deadline is just around the corner, and small-business owners who are in distress are still uncertain of what they’ll owe the IRS. For taxpayers who pay quarterly estimated taxes, Sept. 15 marks the due date for this year’s third-quarter payment. As if that weren’t stressful
0 Comments