In a world where workplace engagement has been on a steady decline, it is no surprise that the phenomenon of “quiet quitting” has become more prevalent. According to a recent Gallup poll, only one-third of employees are truly engaged in their work, while 50% are not engaged, and 16% are actively disengaged. This shift in
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The Social Security Administration is taking steps to improve its online services by transitioning account holders to Login.gov. This move aims to ensure continued access to online Social Security services for both current beneficiaries and individuals who are not yet receiving benefits. By logging in and updating your account, you can take advantage of features
Rentvesting is a real estate strategy where an individual chooses to rent their primary residence while investing in a property elsewhere that they rent out. This unique approach allows renters to become landlords without compromising their current living situation. According to Danielle Hale, chief economist at Realtor.com, rentvesting can be an attractive option for individuals
The Biden administration’s attempts at student loan forgiveness have been met with legal challenges time and time again. From the Supreme Court striking down the initial wide-scale forgiveness plan to the recent suspension of the Saving on a Valuable Education (SAVE) plan, the road to debt relief for borrowers has been far from smooth. Republican-led
In recent years, inflation rates in the U.S. economy have seen a significant decrease from their peak levels. The deflation of prices for consumer goods and services has become noticeable, marking a shift from the previously high inflation rates that were a major concern. This shift is attributed to various supply and demand dynamics that
The U.S. Department of the Treasury and the IRS recently revealed a significant achievement in collecting over $1 billion in tax debt from high-income individuals within the past year. This milestone was attributed to the IRS’s increased focus on scrutinizing individuals earning above $1 million annually with recognized tax debts of more than $250,000. Treasury
While the share of people with medical debt in collections reported on credit reports has decreased over the past decade, the median balance of such debts has increased significantly. Research conducted by the Urban Institute found that in 2013, 19.5% of Americans had medical debt in collections, a number that dropped to 5% by 2023.
The upcoming presidential election has many investors feeling anxious about the impact it may have on their money. A survey conducted by investment company Betterment found that 57% of investors are nervous about the election, with 40% expecting to make changes to their investments based on the outcome. Across different age groups, from Generation Z
President Joe Biden’s administration is planning on releasing a final rule on student loan relief in October according to the U.S. Department of Education’s Spring 2024 Unified Agenda. This move has sparked discussions about the potential impact of debt forgiveness on the upcoming election. Experts like Mark Kantrowitz have pointed out that the administration could
When it comes to retirement planning, reducing future tax liabilities is a crucial aspect that should not be overlooked. One popular method that experts recommend for achieving this goal is utilizing a Roth conversion ladder. This strategy involves transferring pretax or nondeductible IRA funds to a Roth IRA, which provides the advantage of future tax-free