Choreograph (Konstantin Yuganov) | Istock | Getty Images The IRS has released the 2027 contribution limits for health savings accounts, or HSAs, which offer triple-tax benefits for investors. Starting in 2027, the new HSA contribution limit will be $4,500 for self-only plans, up from $4,400 in 2026, based on the latest inflation adjustments. The HSA limit for…
Solstock | E+ | Getty Images For lower- and moderate-income workers who contribute to retirement savings, the new federal Saver’s Match — scheduled to start with the 2027 tax year — could be a much-welcomed addition to their nest egg. Yet many current savers may first need a different account to get the money. Authorized…
Boy_anupong | Moment | Getty Images Millions of federal student loan holders will have access to two new repayment options starting July 1, due to changes included in the One Big Beautiful Bill Act. As a result of the legislation, some student loan repayment plans are also going away. The Repayment Assistance Plan, or RAP,…
Abraham Gonzalez Fernandez | Moment | Getty Images Americans are saving less as the everyday cost of living rises and wages struggle to keep up. The personal savings rate — defined as the share of income Americans have after taxes and expenses — hit 2.6% in April, according to data from the Bureau of Economic…
Financial pressures pushed more savers to tap their retirement accounts in the first part of 2026, new data shows — potentially locking in losses during the early weeks of the Iran war. Amid severe market volatility earlier this year, the average 401(k) balance fell by 4% to $141,000, according to first-quarter data released Thursday from Fidelity Investments, the…
President Donald Trump onstage at the Treasury Department’s Trump Accounts Summit, in Washington, Jan. 28, 2026. Kevin Lamarque | Reuters Families can now download the Trump Accounts app — a key next step in the launch of the investing accounts for children that could include seed money of up to $1,000. The app’s debut on…
The so-called “K-shaped economy” is now linked to “a remarkable increase in food insecurity,” according to a new blog post by the Federal Reserve Bank of New York. Large segments of the population are facing high levels of financial strain, according to a post published on Wednesday, based on data from the Survey of Consumer Expectations. Among this…
Employment has been rising over the past few years for a growing group of Americans: people with disabilities. Yet millions of workers are leaving money on the table, experts say, because they are unaware of a key financial resource designed for people with disabilities, known as Achieving a Better Life Experience, or ABLE, accounts. These…
A construction worker works at a new house being built in Alhambra, California, on March 19, 2026. Frederic J. Brown | Afp | Getty Images Homeowners insurance costs have been rising fast in the U.S. — and policyholders are taking notice. About 71% of homeowners said the cost of their homeowners insurance has increased over…
Patricio Nahuelhual | Moment | Getty Images At risk of stating the obvious: Boosting one’s savings rate is among the best ways to improve a household’s retirement prospects. Doing so increases the size of the financial war chest one can deploy in old age. But there’s another, somewhat hidden benefit to saving a larger share…