Many Americans plan to use their tax refunds to build savings in 2023, survey says
Americans challenged by inflation and rising costs plan to save less than $5,000 in 2023 and many are relying on tax refunds to make ends meet, a recent TaxAct survey said.
Americans challenged by inflation and rising costs plan to save less than $5,000 in 2023 and many are relying on tax refunds to make ends meet, a recent TaxAct survey said.
Cheaper gas and food provide some relief from inflation in US
Much of the drop resulted from price declines for such goods as gas, used cars and furniture, which had soared a year ago after Russia’s invasion of Ukraine.
Much of the drop resulted from price declines for such goods as gas, used cars and furniture, which had soared a year ago after Russia’s invasion of Ukraine.
Medicare beneficiaries would need more than $300,000 for healthcare costs in retirement: EBRI
Medicare beneficiaries in retirement would need to have saved anywhere from $96,000 to $383,000 to cover most of their healthcare needs, according to EBRI. The organization found that in general, Medicare Advantage enrollees have lower savings targets. But these private industry plans have their pros and cons.
Medicare beneficiaries in retirement would need to have saved anywhere from $96,000 to $383,000 to cover most of their healthcare needs, according to EBRI. The organization found that in general, Medicare Advantage enrollees have lower savings targets. But these private industry plans have their pros and cons.
Today's best mortgage deal? 15-year rates are today's lowest | April 11, 2023
Check out the mortgage rates for April 11, 2023, which are mixed from yesterday.
Check out the mortgage rates for April 11, 2023, which are mixed from yesterday.
These Florida cities are among best places to buy beach house in US
Despite soaring real estate prices over the past few years, demand for both purchasing and renting vacation homes remains strong, especially among folks seeking a place on the beach.
Despite soaring real estate prices over the past few years, demand for both purchasing and renting vacation homes remains strong, especially among folks seeking a place on the beach.
Seniors worry Social Security increase not enough to cover rising costs: Survey
More than half of survey respondents said the latest increase to Social Security benefits doesn't adequately cover rising costs. As inflation rises, the increase in spending exceeded the latest 8.7% COLA adjustment.
More than half of survey respondents said the latest increase to Social Security benefits doesn't adequately cover rising costs. As inflation rises, the increase in spending exceeded the latest 8.7% COLA adjustment.
Today's mortgage rates are all under 6 percent | April 10, 2023
Check out the mortgage rates for April 10, 2023, which are mixed from last Thursday.
Check out the mortgage rates for April 10, 2023, which are mixed from last Thursday.
Here are 10 of the best and worst jobs to have if you want to retire early
A recent study analyzed everything from job salaries to retirement benefits to future job opportunities to determine which careers could provide you with the best chance of leaving the workforce at a younger age.
A recent study analyzed everything from job salaries to retirement benefits to future job opportunities to determine which careers could provide you with the best chance of leaving the workforce at a younger age.
You missed the tax deadline. Now what?
The tax deadline is a little over a week away, but if you miss it, don’t worry, the IRS has options to avoid paying fees and penalties.
The tax deadline is a little over a week away, but if you miss it, don’t worry, the IRS has options to avoid paying fees and penalties.
Florida mom wins $2 million lottery prize after taking out life savings to help daughter battling cancer
A Florida mother who took out her life savings to help her daughter who was battling breast cancer recently won $2 million from a lottery scratch-off game.
A Florida mother who took out her life savings to help her daughter who was battling breast cancer recently won $2 million from a lottery scratch-off game.
Mega Millions numbers selected for Friday’s $414M jackpot
The Mega Millions jackpot continues to grow after no ticket matched all six numbers drawn Friday night.
The Mega Millions jackpot continues to grow after no ticket matched all six numbers drawn Friday night.
Gas prices increase as OPEC cuts oil production
After OPEC announced it intends to decrease production starting in May, gas prices increased, according to AAA’s latest gas prices report.
After OPEC announced it intends to decrease production starting in May, gas prices increased, according to AAA’s latest gas prices report.
Mortgage rates continue to decline: Freddie Mac
The average rate for a 30-year fixed-rate mortgage dropped to 6.28% for the week ending April 4, according to Freddie Mac's Primary Mortgage Market Survey.
The average rate for a 30-year fixed-rate mortgage dropped to 6.28% for the week ending April 4, according to Freddie Mac's Primary Mortgage Market Survey.
US adds 236,000 jobs in March despite Fed's rate hikes
The latest signs increasingly suggest that an economic slowdown may be upon us.
The latest signs increasingly suggest that an economic slowdown may be upon us.
IRS promises more audits of wealthy taxpayers, better customer service
IRS officials pledge not to raise audit rates on small businesses and households making under $400,000 annually. A new report from the agency says most of the money for the program is to pursue high-wealth individuals and companies.
IRS officials pledge not to raise audit rates on small businesses and households making under $400,000 annually. A new report from the agency says most of the money for the program is to pursue high-wealth individuals and companies.
Most Americans don’t know these financial solutions could help lower their tax burden: survey
Only 2% of Americans can correctly identify financial solutions with tax advantages, despite one in three saying they prioritize investments that would help them pay less in taxes either now or in the future, a recent Lincoln Financial Group survey said.
Only 2% of Americans can correctly identify financial solutions with tax advantages, despite one in three saying they prioritize investments that would help them pay less in taxes either now or in the future, a recent Lincoln Financial Group survey said.
Today’s best mortgage deal? 10- and 15-year terms hit lowest rates | April 6, 2023
Check out the mortgage rates for April 6, 2023, which are mixed from yesterday.
Check out the mortgage rates for April 6, 2023, which are mixed from yesterday.
Billionaires Bezos, Musk slide in Forbes World's Richest list
The world's richest person saw their wealth jump by $53 billion in the past year.
The world's richest person saw their wealth jump by $53 billion in the past year.
These are February's hottest housing markets
Thirteen of the top 20 hottest home markets in February had median listing prices below the national median, the report from Realtor.com said.
Thirteen of the top 20 hottest home markets in February had median listing prices below the national median, the report from Realtor.com said.
Today’s mortgage rates remain below 6 percent | April 5, 2023
Check out the mortgage rates for April 5, 2023, which are trending down from yesterday.
Check out the mortgage rates for April 5, 2023, which are trending down from yesterday.