• Donald Trump October 10, 2019 2:50 pm

    Social Security: Retiree Checks to Rise 1.6% in 2020

    Millions of retirees will get a modest 1.6% cost-of-living increase from Social Security in 2020, an uptick with potential political consequences in an election year when Democrats are pushing more generous inflation protection. The increase amounts to $24 a month for the average retired worker, according to estimates released Thursday by the Social Security Administration. Following a significant boost this...

  • transportation August 12, 2019 12:23 am

    Congress Is Considering Big Changes to the Way You Retire. Here's What Could Make the Cut

    A string of pending proposals on Capitol Hill could change the way current and future retirees live. But that’s assuming they can first get through both Houses of Congress. And time is ticking as August recess has already begun. After that, there’s just four months left to the year. Even if pushing the changes through a Democratic majority in the...

  • Donald Trump May 22, 2019 3:54 pm

    Immigrant Families Avoid Benefits Because of Proposed Homeland Security Rule: Report

    Silvia C.has a job cleaning houses, but she still relies on government assistance to help keep her two daughters safe and healthy. Her 8-year-old has asthma and, without benefits, Silvia is not sure she could afford her child’s medication. When Silvia, a Washington resident, noticed Spanish-language news reports about the Department of Homeland Security’s proposed changes for immigrants participaing in...

  • CONGRESS March 20, 2019 7:55 pm

    Trump Administration Proposes Capping Student Loans, Cutting Repayment Options—Here's What That Means for Borrowers

    On Monday, the Trump administration released several proposed changes to the Higher Education Act, which is in the early stages of reauthorization by Congress. The proposal recommends reducing the number of federal loan repayment options and capping the amount of student loans that parents and graduate students can take on. Currently, Americans owe roughly $1.5 trillion in student loans, a...

  • Donald Trump November 19, 2018 7:42 am

    Turbulent Stock Market Spooks Some Older Workers, Retirees

    The recent turbulence in the U.S. stock markets is spooking some older workers and retirees, a group that was hit particularly hard during the most recent financial crisis. There’s no indication, though, that the recent volatility has brought about large-scale overhauls in retirement planning. “There’s a lot of fear that if you have another event like 2008 and you retire...

  • United States November 2, 2018 6:06 pm

    Renters Are Struggling More Than Homeowners, Survey Says

    Financial stress visits renters more than homeowners. That’s the main takeaway from a new report by the Urban Institute, a nonpartisan think tank in Washington. Rental costs are rising much faster than renters’ salaries. Between 1960 and 2016, the median income for a renter grew by just 5 percent. During the same period, the median rent ballooned by more than...

  • WASHINGTON October 25, 2018 8:21 pm

    Waiting Longer to Buy a House Could Hurt Millennials in Retirement

    Homeownership in America is not as common as it once was — especially for today’s young people. That’s the main takeaway from a new investigation into generational housing trends by the Stanford Center on Longevity.

  • Daniel Macht August 27, 2018 4:36 pm

    Your Credit Score May Have Just Gone Up. Here's Why

    Your credit report might be getting a makeover. And the three-digit credit score we all carry around, which can determine how likely we are to get a favorable loan to buy a house or a car, could be moving up as a result. The reason behind the potential boost is a change in the way the three major credit rating...

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