<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=192888919167017&amp;ev=PageView&amp;noscript=1">
Tuesday,  May 21 , 2024

Linkedin Pinterest
Businessright chevron arrow icon


NerdWallet: What to do about debt in retirement

January 17, 2024, 8:24am Business

A growing number of older adults are in debt in retirement, according to the 2022 Survey of Consumer Finances from the Federal Reserve. Among people ages 65 to 74, the share with debt rose to 65% in 2022, up from 50% in 1989 (the first time this question was asked).… Read story

Millennial Money: 4 strategies for using side hustles to fund retirement savings

January 16, 2024, 8:11am Business

At the start of 2022, I panicked after realizing I was in my early thirties with only about $4,000 saved for retirement. Once the panic subsided, my solution was to use side hustles to fast-track my retirement savings. Within two years, I was able to use my freelance and 9-to-5… Read story

Your New Year’s credit card debt payoff plan

January 15, 2024, 6:00am Business

Entering a new year with old credit card debt isn’t ideal, but it’s not unusual, either. In fact, it’s something of an American tradition to overspend at the end of the year during the holiday season, sometimes with little or no plan to pay off that newly acquired debt. Read story

Navigating a pay raise: Strategies for maximizing your money

January 14, 2024, 5:02am Business

Despite uneasy feelings about the economy, many working Americans are enjoying higher salaries. Nearly two-thirds (64%) of working Americans reported getting a pay increase at some point in the past 12 months, according to a new Bankrate survey. Read story

Weston: 3 time-sensitive money tasks for new widows and widowers

January 13, 2024, 6:00am Business

Widows and widowers are often told not to make any major decisions for a year or more after a spouse’s death. Grief can cause you to make choices you later regret. Read story

NerdWallet: Do I really need supplemental insurance (Medigap) with Medicare?

January 10, 2024, 8:04am Business

About 41% of Original Medicare beneficiaries had Medicare Supplement Insurance, or Medigap, in 2021, according to a February 2023 report summarizing enrollment data from AHIP, a national health insurance trade association. For the other 59%, Medicare has some “gaps” that could be costly. Read story

Inherited IRA rules: 7 things all beneficiaries must know

January 8, 2024, 5:10am Business

An inherited IRA may be the most complex issue to handle well when wrapping up an estate. If you’ve recently inherited an individual retirement account, you can find yourself at the tricky three-way intersection of estate planning, financial planning and tax planning. One wrong decision can lead to expensive consequences,… Read story

Palmer: Overspent in December? Here’s how to battle the January blues

January 7, 2024, 6:05am Business

The first workday in January after the holidays hits a little bit differently: The parties are over, debt payments are soon due and it can feel like there’s nothing to look forward to. Read story

Savings and money market account rates forecast for 2024: Yields will dip but remain higher than inflation

January 6, 2024, 5:10am Business

Expect savings and money market account yields to slide lower this year, but they still should outpace inflation, according to the latest forecast from Bankrate chief financial analyst Greg McBride. Read story

Mortgage rates tick upward, but 30-year remains under 7%

January 4, 2024, 7:42am Business

The average rate on 30-year fixed mortgages ticked up to 6.96% this week, a small increase from 6.9% the previous week, according to Bankrate’s weekly national survey of large lenders. Read story