Personal finance

Wand_prapan | Istock | Getty Images There’s no debate that Social Security’s funds — which are projected to become insolvent in the next decade — need fixing. But a new research proposal published by the Center for Retirement Research at Boston College by experts at the opposite ends of the political spectrum has sparked considerable
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Travis Kelce of the Kansas City Chiefs, left, and George Kittle of the San Francisco 49ers stand on stage during Super Bowl LVIII Opening Night at Allegiant Stadium on February 5 Las Vegas. Chris Unger | Getty Images Sport | Getty Images Sunday’s Super Bowl LVIII between the San Francisco 49ers and Kansas City Chiefs
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JGI/Jamie Grill | Blend Images | Getty Images Millennials’ retirement prospects seem rockier than those of older generations of Americans. That’s largely a function of long-term policy changes — like a later age for full Social Security benefits and a shift to 401(k)-type plans — longer average lifespans and a bigger student debt burden relative
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TikTok‘s latest financial trend, “loud budgeting,” can be as simple as saying “Hey, I don’t want to spend money right now,” Lukas Battle explained on CNBC’s “Power Lunch.” The concept encourages consumers to take control of their finances and be vocal about making money-conscious decisions, rather than modeling purchase behaviors after celebrities and their bottomless
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The U.S. Department of Education announced Monday it is introducing a “FAFSA College Support Strategy” with additional personnel, funding, resources and technology to help colleges process the new Free Application for Federal Student Aid forms after the rollout was repeatedly complicated by a number of setbacks.   “We are determined to get this right,” U.S. Secretary of Education Miguel
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Americans now owe a collective $1.13 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances increased by $50 billion, or roughly 5%, in the fourth quarter of 2023, the New York Fed found. Credit card delinquency rates also jumped — particularly among
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