Forgoing the office can have detrimental “scarring” impacts on young workers. Here’s how to navigate the benefits and drawbacks of remote work. Source link
Wander Women Collective | Photodisc | Getty Images Starting on July 4, Trump Accounts will offer parents a new option to save and invest for their children’s future. It joins the ranks of other types of investment accounts you can already open on behalf of a minor. Rather than consider a Trump Account, also known as a … Read more
Catherine Delahaye | Digitalvision | Getty Images Higher interest rates do more than just deter potential homebuyers — they may also block consumers from qualifying for a mortgage, according to new research. The rate of denials in loan applications was 15.1% in 2024, up from 12.2% in 2021, a rise that occurred alongside a surge … Read more
Ascent/pks Media Inc. | Photodisc | Getty Images The trust funds that Social Security relies on to help pay benefits are running low. Based on Social Security Administration estimates from August, the trust fund dedicated to retirement benefits is projected to run out in 2032, when those benefits would need to be reduced by 24%. … Read more
Families have signed up nearly 6 million children for Trump Accounts, set to launch next month. For some, claiming the initial grants — worth up to $1,000 — is the draw. But even kids who aren’t eligible for the “free money” can leverage the accounts with a strategy typically used by older investors to kickstart future … Read more
New rules are expanding how tax-advantaged 529 savings plans can be used to pay for expenses beyond college, unlocking money that workers can use to advance or change careers. Under provisions in President Donald Trump‘s One Big Beautiful Bill Act, signed into law in July 2025, you can use a 529 plan to save not … Read more
Cars line up outside a food pantry in North Carolina, April 3, 2026. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Consumers are facing price pressures as the costs of groceries and gas rise. The pace of inflation is expected to increase in the coming months, according to the Survey of Professional … Read more
Choreograph (Konstantin Yuganov) | Istock | Getty Images The IRS has released the 2027 contribution limits for health savings accounts, or HSAs, which offer triple-tax benefits for investors. Starting in 2027, the new HSA contribution limit will be $4,500 for self-only plans, up from $4,400 in 2026, based on the latest inflation adjustments. The HSA limit for … Read more
Abraham Gonzalez Fernandez | Moment | Getty Images Americans are saving less as the everyday cost of living rises and wages struggle to keep up. The personal savings rate — defined as the share of income Americans have after taxes and expenses — hit 2.6% in April, according to data from the Bureau of Economic … Read more
President Donald Trump onstage at the Treasury Department’s Trump Accounts Summit, in Washington, Jan. 28, 2026. Kevin Lamarque | Reuters Families can now download the Trump Accounts app — a key next step in the launch of the investing accounts for children that could include seed money of up to $1,000. The app’s debut on … Read more