Personal finance

FatCamera Retirees concerned about inflation eroding the value of their money may want to consider hedging against the possibility. Treasury inflation-protected securities, or TIPS, could be an appropriate option.  Like typical Treasury bonds, TIPS are issued and backed by the U.S. government. However, they operate a bit differently. And depending on how you use them,

Al Drago | Getty Images President Joe Biden is expected to pitch a higher capital gains tax this week to raise funds for his economic agenda. But the policy would lose the U.S. billions in revenue if it doesn’t also scrap a tax break for heirs, according to a new analysis. Eliminating that tax break

In this article IRSA3-AR Audrey Saracco / EyeEm If you’re still waiting on your $1,400 stimulus check, it could be in the mail. The government announced last week it had sent a sixth batch of stimulus checks. This time, that included more paper checks than direct deposit payments. Of the 2 million checks that were

President Joe Biden and First lady Jill Biden walk on the Ellipse near the White House on April 25, 2021. Tasos Katopodis | Getty Images News | Getty Images Roughly 75% of U.S. stock investors wouldn’t be subject to an increase in the capital-gains tax rate due to the types of accounts they own, according

Along with Clorox wipes and toilet paper, the demand for backyard swimming pools has skyrocketed since the start of the pandemic. Across the country, swimming pool and hot tub suppliers struggled to meet a sudden wave of demand. But putting in a pool is a pricey proposition, and not everyone who wanted to swim could

chanakon laorob | iStock | Getty Images Student debt can impact so many aspects of a person’s life, from the careers they pursue to if and when they’re able to purchase a home. So it’s no wonder that a lot of people feel stuck in limbo as President Joe Biden and other elected officials debate

In this article APO HIG ALL mdphoto16 | E+ | Getty Images Private equity firms are buying up insurers — and the policies they hold — at a feverish pace. Some groups, namely financial advisors, fear the trend may be bad for consumers who own annuity and life insurance contracts. Critics are concerned the buyers

Marcos Osorio / 500px | 500Px Plus | Getty Images The Travel Corporation, which owns and operates 40 travel brands — including guided vacation companies, hotels and transportation providers — has announced a five-step Climate Action Plan to achieve carbon neutrality by 2030 and continue existing efforts to achieve its corporate sustainability goals. The plan,

fotostorm If you’re missing one or more stimulus check payments, there is still time to claim the money. But the deadline is fast approaching. The IRS is urging individuals who still have not received their stimulus checks, or received less than they anticipated, to file a federal tax return to claim it. This year, the

In this article .COVID19 It is increasingly likely that students returning to college campuses in the fall will be required to get the Covid-19 vaccine. In just the last few days, California State University and the University of California announced that all students, staff and faculty who plan to be on campus must be vaccinated

Al Drago | Getty Images President Joe Biden is expected to propose doubling the tax rate wealthy Americans pay on investment returns when they sell stocks and other assets. But investors shouldn’t necessarily rush for the exits, according to financial experts. Under Biden’s proposal, the federal capital-gains tax rate would be as high as 43.4%

In this article ESGEX IPX-GB Yuhan Liao | Moment | Getty Images The Biden administration is taking aggressive steps to combat climate change. Some investors stand to benefit. President Joe Biden pledged Thursday — Earth Day — to cut U.S. greenhouse gas emissions in half by 2030. That’s more than double the country’s prior commitment

Jamie Grill | Getty Images The IRS may start issuing monthly payments of the enhanced child tax credit as soon as July. But some recipients may have to pay back a portion of those funds at tax time next year. The American Rescue Plan directed the federal government to issue advance payments of the child

In this article TRIP Siesta Key beach in Sarasota, Florida. Pola Damonte via Getty Images | Moment | Getty Images Americans are looking to finally get out and about this summer, and interest in both well-known and new emerging getaway spots is rising along with temperatures, according to travel companies. Online travel guidance platform Tripadvisor

Sen. Mitt Romney, R-Utah, speaks with reporters about the minimum wage at the U.S. Capitol on March 1, 2021. Jonathan Ernst | Reuters Many Americans have one big question when it comes to their retirement: Will Social Security still be there when I need it? Now, there are new signs that Congress could start to

Outdoor dining tents under constructions in Arlington, Virginia, on Feb. 5, 2021. Liu Jie/Xinhua via Getty More than 300,000 Americans lost unemployment benefits prematurely during the Covid pandemic, according to a study published Tuesday by the California Policy Lab. That’s due to a way many states account for unemployed workers, which has understated the severity

fotostorm As more people get Covid-19 vaccinations and the U.S. reopens, people may be wondering what they should do to get on track with their money during an economic recovery. There are signs that the economy is about to take off. Businesses across the U.S. are reopening as states loosen virus-related restrictions, and employers are

urbazon | E+ | Getty Images If you haven’t received your $1,400 stimulus check, you may still be eligible for the money. About 159 million stimulus payments have been sent since Congress authorized a third round of stimulus checks in March. Those payments total more than $376 billion. They include up to $1,400 per adult,

The government’s stimulus response to the pandemic may accelerate the trend of companies offering student loan assistance as a benefit. Mark Chilton | iStock | Getty Images Phyllis Wintter has had student debt for more than 30 years. At 67, she still owes around $48,000. Now she hopes that change could be coming, and that

People wait in line at a food distribution site in the South Bronx on March 10, 2021 in New York. Spencer Platt | Getty Images News | Getty Images It’s been about a year since millions of Americans filed for unemployment benefits in the early days of the Covid pandemic.   That anniversary seems to