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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
As inflation persists, Americans choosing money over love, staying in relationships for financial dependency
A new survey found nearly a quarter of coupled Americans reported staying in their current relationships due to financial dependency.
Wisconsin Rapids $50K winning Powerball ticket
For the third time in the last 30 days, a big winning Lottery ticket was purchased in Wisconsin Rapids.
These states' student loan forgiveness plans would work even if Biden's fails
With the jury still out on Biden's student loan forgiveness, some states are stepping up their plans, a recent report by The Pew Charitable Trusts said.
Today’s mortgage rates drop below 6 percent | April 4, 2023
Check out the mortgage rates for April 4, 2023, which are trending down from yesterday.