Bigger individual retirement account balances can cause tax issues for retirees or their children who inherit the assets, experts say. Here's what to know.
If elected again, Trump could make deep cuts to financial aid programs for students. He has even called for shuttering the U.S. Department of Education.
Traveling abroad for a Taylor Swift concert is perhaps the most prominent example of taking a trip motivated by personal interest, hobby or a cultural event.
California Gov. Gavin Newsom recently signed a bill requiring high school students take a one-semester personal finance course as a condition for graduation.
The U.S. Department of the Treasury and IRS on Friday released final tax reporting rules for digital asset brokers. Here's what crypto investors need to know.
The Biden administration will place about 3 million student loan borrowers enrolled in its new SAVE repayment plan in forbearance while it defends the program in court.
Social Security and Medicare are on the ballot in November. Here's what President Joe Biden and former President Donald Trump said Thursday about the programs.
Even though inflation has slowed significantly, consumers still feeling the financial squeeze are opting for takeout, value meals and happy hour deals.
Due to a backlog of 1.4 million unprocessed employee retention credit claims, the national taxpayer advocate is urging the IRS to expedite legitimate filings.
If you have a large pretax 401(k) or individual retirement account balance, you could face a future 'tax time bomb,' advisor says. Here's how to avoid it.