When it comes to retirement, the 401(k) is the superstar. It's the cornerstone of many a retirement plan, yet there are facts about this savings vehicle that often go unnoticed. Let's dive into the lesser-known aspects of 401(k)s that you should be aware of.

Mar 14, 2024 03:01 PM EDT

According to LexisNexis Risk Solutions, consumers under the age of 35 make up merely 35% of traditional credit card holders but 53% of "buy now, pay later" customers.

Mar 14, 2024 01:54 AM EDT

Authorities urge people to be aware of the language that con artists usually employ to trick their victims since scams are becoming more common and are now frequently assisted by artificial intelligence.

Mar 14, 2024 03:53 AM EDT

New York City is known worldwide for its energy, culture and opportunities. However, the rising costs of living in such a massive, world-class metropolitan also present very real financial challenges for the residents and tourists. With inflation continuing to impact essential spending, it's crucial for residents to have smart money management strategies.

Mar 13, 2024 03:30 PM EDT

Even though inflation has been declining, seniors' spending plans are still somewhat tight. Above-average inflation over the last few years has resulted in large Social Security cost-of-living increases. Will these patterns persist? What is the projected Social Security COLA for retirees in 2025?

Mar 13, 2024 10:32 AM EDT

The Internal Revenue Service (IRS) launched a free tax filing program, known as Direct File, in 12 pilot states on Tuesday, with officials from the U.S. Department of the Treasury releasing state-by-state estimates of eligibility.

Mar 13, 2024 08:00 AM EDT

The cost of living in NYC is notorious for being high, often leaving newcomers wondering if they can afford to make the big move. Living in New York City offers a unique experience but comes with a hefty price tag. As we delve into the actual cost of living in the Big Apple in 2024, we'll explore how it compares to the national average and uncover the intricacies that make this city one of the most expensive in the world.

Mar 12, 2024 12:59 PM EDT

Many people find that managing credit card debt is an overwhelming burden, particularly in the present.

Mar 12, 2024 11:50 AM EDT

This week marks the release of the U.S. inflation report, and the fresh data on inflation may have a significant effect on the economy based on its findings.

Mar 12, 2024 10:12 AM EDT

Reddit, a social networking platform, plans to raise around $750 million through the IPO of its common shares.

Mar 12, 2024 12:59 AM EDT

Say goodbye to the expenses of owning a car. With an extensive public transportation system including subways, buses, and ferries, ditching your car can save you thousands of dollars each year in insurance, parking fees, and maintenance costs. Invest in a monthly MetroCard and cut your transportation expenses.

Mar 11, 2024 12:47 PM EDT

The latest data represents a housing crunch that New York City has not seen since 1968. As the city management lacks the intent to build new rental apartments, the rental availability stays under 1.4 % in 2023-24. The recent immigrant influx and the slow rate of building new apartments are collectively disturbing the demand for rental availability, and the worst has yet to come.

Mar 11, 2024 12:21 PM EDT