Personal finance

Democratic presidential nominee and former vice president Joe Biden speaks at a campaign stop in Miami on Oct. 5, 2020. Roberto Schmidt | AFP | Getty Images Taxes could rise for the wealthiest households  in a Joe Biden presidency. However, you might want to think twice before making any dramatic moves. Indeed, Biden’s tax plan

Susan G. Komen’s More Than Pink Walk in Atlanta in 2018 Source: Susan G. Komen Breast Cancer Awareness Month is usually marked by galas, walks and other fundraising events. This year, it’s eerily silent.  The coronavirus pandemic has pushed those events online, or caused them to be cancelled. The impact could be devastating for nonprofits

“When student loan payments become mandatory again,that’s a scary thought,” said Cecilia Sena, 22. Source: Cecilia Sena In March, as it rapidly became clear that the coronavirus pandemic would upend our lives, the U.S. Department of Education offered student loan borrowers a break from their monthly payments.  They accepted.  Less than 11% of people with federal student loans are repaying them during the pandemic,

U.S. President Donald Trump walks to Marine One on the South Lawn of the White House on October 1, 2020 in Washington, DC. Drew Angerer | Getty Images It appears unemployed workers won’t get another boost in their weekly benefits any time soon, after President Donald Trump pulled officials out of negotiations on a fifth

Getty Images President Donald Trump is calling for Congress to move on approving a second round $1,200 stimulus checks to millions of Americans. But don’t count the money just yet. The president tweeted on Tuesday night he supports standalone legislation to authorize those payments. That was a reversal from his position earlier in the day,

Westend61 | Westend61 | Getty Images  A key deadline is around the corner for millions of procrastinating taxpayers. About 12 million people took an extension to file their 2019 tax returns, according to data from the IRS. That’s down from the 15 million extension requests the agency received last year. The drop-dead date to get

Scott Rothstein | Getty Images The recent disappearance of a financial advisor — and possibly client money — may serve as a cautionary tale for investors. Christopher Burns, owner of Dynamic Money in Atlanta, was reported missing by his wife on Sept. 25 after she couldn’t reach him, according to a Gwinnett County, Georgia, police

David Rea, president of Salem Investment Counselors in Winston-Salem, North Carolina. Salem Investment Counselors Stock prices are “OK” — neither cheap nor pricy — given prevailing interest rates and other factors like federal stimulus money that’s been pumped into the U.S. economy since the spring, according to David Rea, the president of Salem Investment Counselors. The Winston-Salem,

For some college-bound students, free tuition programs are the only way to make higher education a reality. Now one of the bigger offers is in jeopardy, just when students need it the most. According to the New York State Higher Education Services Corporation, which runs the state’s Excelsior Scholarship, the coronavirus pandemic caused a dramatic reduction

kali9 | E+ | Getty Images The Covid-19 pandemic has produced a rise in estate planning. To that point, a survey conducted for LegalZoom.com found that 32% of young people ages 18 to 34 said they got a will because of Covid-19. What’s more, 21% of that age group also drew up a will specifically

Melissa Bradley founded 1863 Ventures to help women and people of color jump start their businesses. Source: Melissa Bradley Melissa Bradley’s mission to help women and people of color build their businesses stems from the hardships she faced as a young entrepreneur. The 52-year-old, co-founder of the mentorship tech platform Ureeka and a Georgetown University

A woman, of Lexington, waits in a line outside a temporary unemployment office established by the Kentucky Labor Cabinet at the State Capitol Annex in Frankfort, Kentucky, U.S. June 17, 2020. Bryan Woolston | Reuters As workers who were brought back to their jobs after furloughs and layoffs due to the Covid-19 crisis face additional

Siraj Ahmad | iStock | Getty Images Jasmine Johnson is constantly afraid of being evicted from her house in St. Paul, Minnesota. The single mother of five children, all under the age of 13, hasn’t been able to earn enough during the pandemic to stay caught up on her $1,350 rent.  First, the daycare where

Justin Sullivan | Getty Images With 74-year-old President Donald Trump testing positive for Covid-19, Medicare beneficiaries may be reminded of their own vulnerability. For the 62.7 million people enrolled in Medicare —  the majority of whom are age 65 or older —  the coronavirus generally poses a greater health risk. While Congress and regulators have

kali9 | E+ | Getty Images If you’re retired and are thinking about downsizing or relocating, and it involves buying a home, you might want to look into how you would finance it. You may discover that qualifying for a mortgage is different from the last time you bought a house. Not only have lenders

Tom Brenner | Reuters House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are still working on a compromise  stimulus bill to help Americans cope with the coronavirus crisis. In an interview with Fox Business host Lou Dobbs on Wednesday, Mnuchin said second $1,200 stimulus checks that are “similar” to the first payments will be

A man fills out paperwork while waiting for his number to be called at an unemployment event in Tulsa, Oklahoma on July 15, 2020. Nick Oxford for The Washington Post | Getty Images Washington lawmakers say they are still optimistic that a coronavirus stimulus deal can go through. But if both political parties do not

AJ Watt | Getty Images If you’re worried about Covid-19 and want to virtually check in with your doctor following news of President Donald Trump’s positive test, there’s good news: Many major insurance companies are still waiving fees for such visits. Telehealth, or doctor visits done by video or telephone, have surged in popularity amid

katleho Seisa It’s fairly easy to be befuddled by Medicare. With different coverage options, confusing enrollment deadlines and disparate cost-sharing among beneficiaries, ending up with faulty assumptions isn’t hard. However, some mistaken beliefs can be more costly than others. A survey of 1,000 Medicare beneficiaries explored their knowledge and found several misconceptions — related to

Jill Justin is trying to figure out the next move for her business, Jill Justin Dance Alliance, after the pandemic cut business in half. Source: Jill Justin Jill Justin had to think fast when the coronavirus pandemic hit. As the owner of Jill Justin Dance Alliance in Middlesex County, New Jersey, she went from having