IRS increases 401(k), other retirement plan contribution limits for 2025
The IRS has updated its eligibility thresholds and contribution limits for 401(k), IRA and other retirement accounts.
The IRS has updated its eligibility thresholds and contribution limits for 401(k), IRA and other retirement accounts.
New rules could make it easier to switch banks
A new banking rule would make it easier to switch banks or lenders, but it’s already facing pushback from the financial industry.
A new banking rule would make it easier to switch banks or lenders, but it’s already facing pushback from the financial industry.
Inflation gauge falls to lowest level in 3 1/2 years
Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.
Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.
Biden administration forgives $4.5 million in student debt for 60,000 borrowers
The Biden administration announced over $4 million in funding for borrowers who have met PSLF requirements.
The Biden administration announced over $4 million in funding for borrowers who have met PSLF requirements.
Inflation sees the lowest annual rise since 2021
The Consumer Price Index (CPI), the main measure of inflation, increased 0.2% in September, a similar increase consumers saw in August and July, the Bureau of Labor Statistics reported.
The Consumer Price Index (CPI), the main measure of inflation, increased 0.2% in September, a similar increase consumers saw in August and July, the Bureau of Labor Statistics reported.
How much do you need to earn to be considered middle class in MN?
A new survey is looking at what you need to make to be considered middle class in the United States. Here's what you need to earn in Minnesota:
A new survey is looking at what you need to make to be considered middle class in the United States. Here's what you need to earn in Minnesota:
Taxpayers in these 24 states will be able to file their returns directly with the IRS
The IRS is expanding its Direct File program to 30 million taxpayers in 24 states for the 2025 tax season. Learn more about the new eligibility standards and participating states.
The IRS is expanding its Direct File program to 30 million taxpayers in 24 states for the 2025 tax season. Learn more about the new eligibility standards and participating states.
Maryland city will pay you $20,000 to move there
A city in Maryland is offering a $20,000 incentive to get new residents to move there.
A city in Maryland is offering a $20,000 incentive to get new residents to move there.
Survey reveals Americans' 2 biggest financial regrets
Amid ongoing inflation, a new survey found that the majority of Americans have financial regrets. Here's what they are.
Amid ongoing inflation, a new survey found that the majority of Americans have financial regrets. Here's what they are.
The US added 818,000 fewer jobs this year than originally estimated
Over 800,000 fewer jobs were added by employers in the last few months, but consumer sentiment about the economy is still strong.
Over 800,000 fewer jobs were added by employers in the last few months, but consumer sentiment about the economy is still strong.
Here's how much money you need to feel 'rich' in 2024
Fewer than one in five Americans surveyed said they are currently on top of their finances.
Fewer than one in five Americans surveyed said they are currently on top of their finances.
July inflation drops below 3 percent as Fed considers September rate cut
Inflation dipped below 3% for the first time in three years, and that, combined with other economic indicators, may push the Fed to slash interest rates more than once.
Inflation dipped below 3% for the first time in three years, and that, combined with other economic indicators, may push the Fed to slash interest rates more than once.
Mortgage rates drop to lowest rate in more than a year
Mortgage rates dropped to the lowest they've been in over a year after reacting to a lower-than-expected jobs report.
Mortgage rates dropped to the lowest they've been in over a year after reacting to a lower-than-expected jobs report.
Despite tough times for Tesla, EV sales set new record in second quarter
Tesla's sales may have dropped, but electric vehicle sales as a whole have continued to increase.
Tesla's sales may have dropped, but electric vehicle sales as a whole have continued to increase.
Economists' advice as stock market slides: Don't panic
A major stock market slide accelerated Monday with the Dow Jones marking its worst day in almost two years.
A major stock market slide accelerated Monday with the Dow Jones marking its worst day in almost two years.
Parents rely heavily on borrowing to pay for college costs: survey
Roughly 42% of families said they planned to rely on federal student loans, and 16% said they would use private loans to pay for college, according to a recent survey.
Roughly 42% of families said they planned to rely on federal student loans, and 16% said they would use private loans to pay for college, according to a recent survey.
Mortgage rates barely budged this week as more listings flood the market
Mortgage rates didn't change much this week, but more home listings are coming on the market even as buyers are backing off.
Mortgage rates didn't change much this week, but more home listings are coming on the market even as buyers are backing off.
Here's the salary you need to be in the top 1% in Minnesota
What does it take to be a top 1% income earner in Minnesota? A new study is offering some insight.
What does it take to be a top 1% income earner in Minnesota? A new study is offering some insight.
Consumers find mild relief as June inflation dips by 0.1 percent
Inflation has slowed, thanks to a decrease in the gas index and the energy index.
Inflation has slowed, thanks to a decrease in the gas index and the energy index.
Leasing a car more popular, high-credit consumers choosing to lease more than 30 percent of the time
Car leases are becoming more popular as prices for cars still remains high.
Car leases are becoming more popular as prices for cars still remains high.