Skynesher | E+ | Getty Images With tax season underway, many filers are expecting bigger refunds due to retroactive changes enacted in President Donald Trump‘s “big beautiful bill.” One expanded tax break in particular could trigger a sizable windfall for certain filers, experts say. For 2025, the legislation raised the federal deduction limit for state and…
President Donald Trump’s “big beautiful bill” may affect when some older individuals retire, due to its new work requirements for Medicaid and the Supplemental Nutrition Assistance Program, or SNAP. The law introduced Medicaid work requirements for certain individuals up to age 64. States have until Jan. 1, 2027, to adopt the new requirements. The One…
U.S. President Donald Trump points a finger onstage at the U.S. Treasury Department’s Trump Accounts Summit, in Washington, D.C., U.S. Jan. 28, 2026. Kevin Lamarque | Reuters The Trump administration has framed its new investment account, Trump accounts, as an early wealth-building tool for children — one that officials have said could make your kid…
Hill Street Studios | Digitalvision | Getty Images Housing affordability challenges are weighing on not only would-be buyers, but also on a growing share of existing homeowners, new data suggests. Late-stage mortgage delinquencies — those with payments at least 90 days past due — rose 18.6% in December from a year earlier, according to new…
Travelers wait in a long security line at John Wayne Airport in Santa Ana, California, May 7, 2025. Allen J. Schaben | Los Angeles Times | Getty Images Travelers, be warned: Starting Feb. 1, you may need to pay a fee of $45 or more for going through airport security checkpoints without a Real ID…
President Donald Trump has picked Kevin Warsh to succeed Jerome Powell as chair of the Federal Reserve. In keeping with the president’s push for lower interest rates, Warsh is expected to be more supportive of cutting the Fed’s key benchmark rate later this year. “I have known Kevin for a long period of time, and have no doubt…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Many Gen Z investors first learned about stocks at the peak of the meme stock craze in early 2021. Five years later, they’re taking a more disciplined approach to investing. Sharon Epperson explains how finance education in high school helped. Source link
Many Americans could see bigger tax refunds during the 2026 filing season based on changes from President Donald Trump‘s “big beautiful bill.” But just how much is a matter of debate. Enacted in July, Trump’s legislation added several tax breaks for 2025 and the IRS did not adjust paycheck withholdings. As a result, many workers…
The US Capitol in Washington, DC, US, on Tuesday, Jan. 27, 2026. Al Drago | Bloomberg | Getty Images Health costs have emerged as the top financial anxiety for U.S. households, according to a new survey. It’s a dynamic that experts say could pose a threat to the Republican majority in Congress during this year’s…
Fertnig | E+ | Getty Images It’s the letter most consumers dread receiving — the notification that your personal information has been involved in a data breach. About 80% of respondents to a new survey said they received at least one data breach notice in the prior 12 months, according to the Identity Theft Resource…