Child tax credit: Families who have higher 2021 earnings can opt out
Families who are earning more in 2021 but were receiving assistance through the child tax credit program may have become ineligible and will get a chance to opt out of those payments to avoid having to pay it back next April during tax season.
Families who are earning more in 2021 but were receiving assistance through the child tax credit program may have become ineligible and will get a chance to opt out of those payments to avoid having to pay it back next April during tax season.
Do I have to pay taxes on my savings account?
The interest you earn on the money in your savings account is considered taxable income in the year the interest was earned. The tax you pay is determined by your overall taxable income for that same year.
The interest you earn on the money in your savings account is considered taxable income in the year the interest was earned. The tax you pay is determined by your overall taxable income for that same year.
Rise in car loans boosts US consumer credit usage in April, Fed report shows
More people are buying cars as the pandemic lifts and the demand is causing costs to surge.
More people are buying cars as the pandemic lifts and the demand is causing costs to surge.
Heat wave relief: How to pay for a new air conditioning system
Several regions of America are experiencing a record-shattering heat wave, which is bad news for people without central air. Keep reading to learn more about air conditioning financing, and compare your financing options.
Several regions of America are experiencing a record-shattering heat wave, which is bad news for people without central air. Keep reading to learn more about air conditioning financing, and compare your financing options.
Homeowners previously in COVID mortgage forbearance can qualify for low-income refinance – here's how
Fannie Mae's low-income refinance program is now available to more homeowners after the lender expanded the program to include those who skipped payments due to COVID-19 forbearance.
Fannie Mae's low-income refinance program is now available to more homeowners after the lender expanded the program to include those who skipped payments due to COVID-19 forbearance.
Should you update your homeowners insurance if you're working from home?
As working from home becomes more common, you may need to update your homeowners insurance to ensure you are properly covered.
As working from home becomes more common, you may need to update your homeowners insurance to ensure you are properly covered.
As FHFA extends foreclosure moratorium for final time, here’s what struggling homeowners can do
The FHFA extended its foreclosure and eviction block for another month until July 31, 2021.
The FHFA extended its foreclosure and eviction block for another month until July 31, 2021.
What you need to know about selling a home in 2021
Here’s what you need to know about navigating the hot housing market and selling a home in 2021.
Here’s what you need to know about navigating the hot housing market and selling a home in 2021.
Having trouble making student loan payments? Here’s what to do
If you can’t make your payments, you have options.
If you can’t make your payments, you have options.
US unemployment claims tick down to 411,000 as economy heals
The number of Americans applying for unemployment benefits declined 7,000 from the previous week to 411,000, the Labor Department said.
The number of Americans applying for unemployment benefits declined 7,000 from the previous week to 411,000, the Labor Department said.
US homeowners increasingly exiting mortgage forbearance, data shows
Homeowners are finding less of a need for mortgage forbearance, and many are exiting their payment deferral plans.
Homeowners are finding less of a need for mortgage forbearance, and many are exiting their payment deferral plans.
Connecticut to give $3,200 bond to every child born into poverty
Children who are born into low-income families will be given a trust fund which will deposit $3,200 into a savings account until the child turns 18.
Children who are born into low-income families will be given a trust fund which will deposit $3,200 into a savings account until the child turns 18.
Some need to register online with IRS portal to receive child tax credit
President Biden's ‘American Rescue Plan' expanded the annual child tax credit from $2,000 to up to $3,600 per child.
President Biden's ‘American Rescue Plan' expanded the annual child tax credit from $2,000 to up to $3,600 per child.
Biden administration cancels $500M of student loan debt: This is who qualifies
The Biden administration discharged $500 million worth of student loans for 18,000 students defrauded by a for-profit institute. See how this may affect you – and what you should do with your student loans in the meantime.
The Biden administration discharged $500 million worth of student loans for 18,000 students defrauded by a for-profit institute. See how this may affect you – and what you should do with your student loans in the meantime.
4 things to consider when choosing a mortgage lender
Choosing a mortgage lender is a process, but it doesn't have to be a difficult one. Here are four key ways to determine whether a lender is right for you.
Choosing a mortgage lender is a process, but it doesn't have to be a difficult one. Here are four key ways to determine whether a lender is right for you.
Prime Day 2021: How to avoid overspending, plus 3 ways to get out of credit card debt
Follow these tips to avoid overspending on Prime Day, and learn more about paying down your debt.
Follow these tips to avoid overspending on Prime Day, and learn more about paying down your debt.
Crypto Currency Confusion: Georgia man wakes up a 'trillionaire'
Imagine going to sleep as an average, hard-working American only to wake up in the morning a trillionaire.
Imagine going to sleep as an average, hard-working American only to wake up in the morning a trillionaire.
Federal Reserve elects to hold interest rates at 0%
Emerging from its June meeting, the Federal Reserve announced it is not taking action on the federal funds rate, which will remain at the target 0% to 0.25% range.
Emerging from its June meeting, the Federal Reserve announced it is not taking action on the federal funds rate, which will remain at the target 0% to 0.25% range.
Dreaming of buying a home? How to get there by making sound financial decisions
Considering buying a home this year? Here are three financing tips to get you started.
Considering buying a home this year? Here are three financing tips to get you started.
Should you refinance your mortgage if you have a low rate?
With mortgage rates at historic lows, now is a great time to save money by refinancing. And it may make sense even if you already have a low rate on your mortgage.
With mortgage rates at historic lows, now is a great time to save money by refinancing. And it may make sense even if you already have a low rate on your mortgage.