44% Of Savers In Their 20s And 30s Want To Retire By 60, But Few Are On Track—See How You Stack Up

Many younger Americans currently aren’t on track to retire at the current full retirement age of 67, let alone at 60. Wondering how you stack up? Here’s how financial pros say you can calculate whether or not you’ll be able to retire when — and how — you want.

Help Your Kids With Finances Without Jeopardizing Your Own

For an increasing number of parents, supporting their adult children means providing financial assistance, even if it means they are putting their own financial security at risk. Financial experts say that such sacrifices are dangerous for both parents and children. If the parents run out of resources in retirement, they may end up putting an even greater financial burden on their children.

How To Prepare For The Return Of Student Loan Payments

The agreement negotiated between President Biden and House Speaker Kevin McCarthy to raise the debt ceiling stipulates that student loan payments would resume around Sept. 1, Since many people have gone three years without factoring student loan payments into their budgets, and the change could be jarring.
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The IRS Is Resuming Debt Collections. Here’s What To Do If You Can’t Pay Your Taxes

As the IRS returns to normal operations, collection activities will resume as well. The agency is ramping up efforts to collect overdue taxes after many debt-collection activities were paused in order to provide relief to taxpayers during the COVID-19 crisis.
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Americans Save More In HSAs, Fidelity Reports HSA Assets Exceed $16 Billion

HSAs can help people cover healthcare costs and avoid other harmful financial decisions while enjoying tax breaks. While some employers offer HSAs as part of their benefits options, consumers can also open these through most banks or investment management firms.
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Time To Say Goodbye To Income Taxes? Examining The National Consumption Tax

The FairTax Act of 2023 proposes replacing current taxes with a national consumption tax.