Student loan borrowers — including higher earners — may qualify for lower monthly bills soon

Student loan borrowers — including higher earners — may qualify for lower monthly bills soon

Man planning home budget and using calculator Rockaa | E+ | Getty Images Many student loan borrowers could soon have access to lower monthly payments, as the U.S. Department of Education finishes implementing changes to one of its repayment plans. Previously, borrowers needed to prove a “partial financial hardship” — or income below a certain … Read more

How Trump’s ‘big beautiful bill’ could affect your Giving Tuesday tax break

How Trump’s ‘big beautiful bill’ could affect your Giving Tuesday tax break

Yellow Dog Productions | The Image Bank | Getty Images If you plan to donate money on Giving Tuesday, you could score a tax break. But recent changes enacted via President Donald Trump’s “big beautiful bill” could affect your savings, financial experts say.    Some 36.1 million U.S. adults participated in Giving Tuesday for 2024, with … Read more

Student loans and year-end tax planning — 4 steps for borrowers to take

Student loans and year-end tax planning — 4 steps for borrowers to take

Alistair Berg | Digitalvision | Getty Images Recent legislation and policy changes under the Trump administration have upended federal student loans. For some borrowers, the shifts may affect their tax situation — how much they owe the IRS, or whether they actually get an expected tax refund. More than 40 million Americans hold student loans, and the outstanding … Read more

That ‘free’ money in your 401(k) may not belong to you just yet

That ‘free’ money in your 401(k) may not belong to you just yet

Many people saving in 401(k) accounts get a company match from their employer. But that money may not yet belong to them. A person may have to remain employed with a company for up to six years — nearly twice as long as the typical private-sector worker stays in a job — to take full … Read more

Should you open a store card this Black Friday or Cyber Monday?

Should you open a store card this Black Friday or Cyber Monday?

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. As you go about your Black Friday and Cyber Monday shopping, you might be drawn to store cards. These credit cards frequently come with enticing offers and immediate discounts, which can be tempting if you’re looking to save on your purchases. After … Read more

Bessent believes there won’t be a recession in 2026 but says some sectors are challenged

Bessent believes there won’t be a recession in 2026 but says some sectors are challenged

Scott Bessent, US treasury secretary, arrives to speak during a site expansion groundbreaking ceremony at the Boeing South Carolina (BSC) manufacturing facility in North Charleston, South Carolina, US, on Friday, Nov. 7, 2025. Sean Rayford | Bloomberg | Getty Images Treasury Secretary Scott Bessent said on Sunday the U.S. was not at risk of entering … Read more

As health insurance costs climb, how to make the most of medical spending before year’s end

As health insurance costs climb, how to make the most of medical spending before year’s end

Momo Productions | Digitalvision | Getty Images As health-care costs continue to climb, you may want to make sure you’re not leaving valuable tax breaks or pre-tax dollars on the table this year. Rising premiums, steeper deductibles and higher out-of-pocket maximums have put more pressure on household budgets, making year-end planning important, experts say. Among … Read more