Tolgart | E+ | Getty ImagesScammers are always looking at ways to separate you from your money and they are using the tax season to try and trick taxpayers into falling for various fraud schemes.With millions of Americans sharing personal and financial information, tax season is a prime time...
Private assets currently account for less than 1% of assets in 401(k)s and other defined contribution plans, but some major asset managers and plan administrators want to increase that share."We are seeing institutions worldwide blend public and private markets, and in many cases, it's been a great investment," said...
Lordhenrivoton | E+ | Getty ImagesThe first Trump administration opened the door to allow private equity into workplace retirement plans. Now, private equity firms are working to play a bigger role in workers' portfolios, which experts say has potential risks and rewards for investors. "It's a train that's already been...
Elon Musk speaks during the first cabinet meeting hosted by U.S. President Donald Trump, at the White House in Washington, DC, U.S., February 26, 2025.Brian Snyder | ReutersRecent actions by the Department of Government Efficiency to access internal computer systems and databases at many federal government agencies, including the...
Every year, millions of dollars in credit card rewards go unclaimed — money that could be covering travel, everyday expenses, or even cash back in your pocket. If you're not redeeming those rewards, you're leaving money on the table.As someone who leverages credit card rewards, I was somewhat surprised...
Freshsplash | E+ | Getty ImagesDespite the Federal Reserve's recent cuts, credit card interest rates have been hovering near record highs. A new bipartisan bill would cap them at a dramatically lower figure, but experts say it may not be a win for consumers.Senators Bernie Sanders, I-Vt., and Josh...
A "Do not cross" sign is illuminated at a crosswalk outside of U.S. Capitol building in Washington, US, November 10, 2024. Hannah Mckay | ReutersThe Trump administration emailed more than 2 million federal workers this week, giving them the option to resign now and get pay and benefits through Sept....
Momo Productions | Digitalvision | Getty ImagesMergers and acquisitions happen all the time between companies of varying size and notoriety. These can be a great opportunity for businesses and owners to achieve their strategic or long-term goals, but often leave employees feeling uneasy and confused about what the deal...
Inflation, job concerns, and already high interest rates are putting the squeeze on many American consumers.Now, even high earners, defined as people with incomes of $150,000 or more, are showing signs of stress. These borrowers are increasingly having trouble meeting payments on credit cards, auto loans and mortgages.The delinquency...
On the campaign trail, President Donald Trump promised lower taxes, lower prices and a stronger economy in his second term.On Day One of his second term, Trump signed a flurry of executive orders — including a regulatory freeze pending an administration review and a directive to members of his...