US President Donald Trump during the Trump Accounts Launch Summit in Washington, DC, US, on Wednesday, Jan. 28, 2026. Valerie Plesch | Bloomberg | Getty Images The U.S. Department of the Treasury said Trump Accounts will begin auto-enrolling millions of children as early as Oct. 1, according to temporary regulations published Tuesday. The change could…
U.S. Education Secretary Linda McMahon speaks during a press briefing at the White House in Washington, D.C., U.S., November 20, 2025. Evelyn Hockstein | Reuters The Trump administration announced on Tuesday that it will extend the deadline for federal student loan borrowers to get a reduction of 1 percentage point on their interest rate. Previously,…
Skaman306 | Moment | Getty Images The IRS has begun notifying some taxpayers who may be eligible for a new retirement cash contribution debuting next year. Authorized by the 2022 Secure 2.0 retirement legislation, the upcoming Saver’s Match program will provide income-eligible retirement savers with a matching annual contribution worth up to $1,000 for single filers…
When it comes to choosing a college, students are increasingly weighing the potential return on investment — and rightfully so. With a growing number of schools now charging more than six figures a year, cost is a significant hurdle. The sticker price alone is enough to question whether a college degree is worth it, recent…
A home along the Fox River is surrounded by floodwaters, near Crystal Lake, Illinois, April 21, 2026. Scott Olson | Getty Images Many homeowners have a big gap in their insurance coverage — and they likely don’t know it, according to insurance experts. That leaves policyholders financially exposed to damage, including from natural disasters that…
The U.S. Department of Education opened the Free Application for Federal Student Aid, or FAFSA, on Wednesday, ahead of its anticipated Oct. 1 launch. The earlier rollout of the key college aid form could give more students a head start on securing much-needed financial assistance, experts say. Filing the FAFSA is the gateway to all federal aid,…
Simpleimages | Moment | Getty Images With yields on Treasurys continuing to push higher, consumers are likely to see interest rates on their borrowing rise — including for car loans, experts say. Across both short-term and long-term Treasurys, yields have climbed as stronger-than-expected economic data has fueled inflation concerns and expectations that the Federal Reserve…
U.S. Secretary of Education Linda McMahon testifies before a Senate Appropriations hearing on U.S. President Donald Trump’s budget request for the Department of Education, on Capitol Hill in Washington, D.C., U.S., June 3, 2025. REUTERS/Annabelle Gordon Annabelle Gordon | Reuters A group of student loan borrowers sued the Trump administration on Thursday, alleging they suffered…
Anna Efetova | Moment | Getty Images As year-end approaches, it’s easy to overlook how last-minute income boosts could have a surprise impact on your taxes. Starting in 2026, some taxpayers could see a smaller charitable deduction as their earnings climb, due to changes from President Donald Trump‘s “big beautiful bill.” An increase in income…
The Federal Reserve raised its benchmark interest rate at the conclusion of its September meeting and signaled another increase could be on the table this year. For consumers, the moves may significantly impact borrowing costs and savings returns. Generally, short-term consumer borrowing rates closely follow the Fed’s benchmark, while longer-term loans are tied to the…