This 2025 Social Security COLA Phenomenon Hasn't Happened In Decades
In 2025, the COLA rate will be 2.5%, down from 3.2% in 2024, 8.7% in 2023, and 5.9% in 2022. Still, it tied a streak not seen since the 1990s.
Read MoreJennifer Alpeche
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Stories By Jennifer Alpeche
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These Watches Are Worth A Ton Of Money (And You May Have Them Lying Around)
The worth of a family heirloom watch goes beyond a number. Yet if you do have a watch that's been passed down generations, it could be quite valuable.
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Which States Have A Minimum Wage Of $15 Or More?
On January 1, 2024, two states, Maryland and New Jersey, joined the group of seven states, plus the District of Columbia, with a minimum wage of $15 or more.
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States That Tax Social Security Benefits
Since 1984, Social Security income has been subject to federal tax. For taxpayers living in nine states, they also might pay state taxes on their benefits.
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The Most Important Day Of The Year For Social Security Is Coming
For those of us who receive Social Security, a particular day is nearing that will tell us a great deal about what our benefits will look like next year.
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Historically, How Does The Market Perform In September?
When it comes to equities, September isn't historically a month investors look forward to, especially when compared to months like November and December.
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Often Overlooked Signs That Someone Close To You Is Struggling Financially
U.S. household debt climbed to $17.8T in Q2 2024. Given this, it's possible someone you know has money problems, though they're doing their best to hide it.
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How Does A Backdoor Roth IRA Work?
A backdoor Roth IRA is a strategy that allows high-income earners to open a future Roth, despite income limits. It makes use of the rules of a traditional IRA.
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Warren Buffett's New Favorite Stock Is Out For All To See
On May 15, investors learned about Berkshire Hathaway's latest holding. Warren Buffett's new favorite stock turned out to be from a familiar sector: insurance.
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You Probably Spend Too Much And Earn Too Little. Here's How To Fix It
In addition to these two money problems, a finance expert tells us there are actually two more. To fix things, we have to address "all of the above."
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Why Henry Ford Doubled Worker Wages To $5 In 1914
Imagine getting a 114% salary boost overnight. That's what happened to Ford Motor Company employees in 1914 when Henry Ford announced a new profit-sharing plan.
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At What Point Do Car Repairs Become Not Worth It?
Budgeting for car repairs can help you avoid being short when the time comes. This said, some repairs are so expensive, you may need to consider alternatives.
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Do Tax Refunds Ever Expire?
Per the IRS, for tax year 2020, there's over $1 billion of refund money yet to be claimed. What's more, taxpayers need to claim it before the window closes.
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Expert: Take These 3 Critical Steps Immediately To Increase Your Financial Security In 2024
Finance expert Jason Tartick says you can increase your financial security today by taking three proactive steps, starting with getting rid of bad debt.
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How The Chip In Your Credit Card Works To Combat Fraud
Chip cards offer consumers more security through tokenization. Through this encryption process, your primary account number is never shared with the merchant.
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One Simple Way To Tell The Difference Between Good Debt And Bad Debt
The very word "debt" carries with it a negative connotation, leaving many to think all debt is bad. Yet, there is good debt, and this is how you can tell.
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Countries Where You Never Need To Leave A Tip
Given the tipping culture in the U.S., it's understandable if you're unsure about leaving a tip in other countries. For these five, at least, you never need to.
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Buying A Home When Your Partner Has Bad Credit? Protect Yourself With These Expert Tips
If your partner has bad credit, it's important you find out sooner than later. Together, you can figure out a strategy to protect yourself while helping them.
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The 3 Most Serious Financial Challenges Families Face In 2024, According To An Expert
Money Digest spoke with finance expert Jason Tartick about the financial challenges families face today, at a time when change is the "only constant."
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Neglecting These Home Maintenance Red Flags Will Cost You A Fortune
Not tending to home maintenance issues in a timely manner could prove a costly mistake, as problems like a hole, stain, or noise won't resolve on their own.
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You Don't Have To Pay Sales Tax In These States
For most U.S. consumers, paying a retail sales tax is a given. However, there are five states with no state sales tax, and four have no local sales tax either.
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States With The Highest Average Salary
Unsurprisingly, states with the highest pay have a big tech presence. In fact, the top three are each known for their tech hubs, and no, No. 1 isn't California.
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How Much Did The OJ Simpson Trial Cost Taxpayers?
The OJ Simpson trial in 1995 lasted for over eight months, starting on January 24 and concluding on October 3. Here's a breakdown of the costs to LA taxpayers.
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UPS Vs. FedEx: Which Is Cheaper?
Shipping a parcel? You likely thought of FedEx and UPS. These longtime rivals in express and courier services accounted for nearly 70% of the market in 2022.
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This Is The Most Valuable Comic Ever Sold
In 1938, a comic book cost 10 cents. Accounting for inflation, that would be $2.20 today, a time when rare copies are going for millions and smashing records.
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Can You Deduct Losses From Your Roth IRA?
The Tax Cuts and Jobs Act severely restricted, or eliminated altogether, many previous personal itemized deductions. Here's what it meant for Roth IRA losses.
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Is Credit Card Protection Insurance Really Worth The Cost?
Most consumers likely know about credit card fraud protection; fewer, however, may know about the insurance that cards offer for times of financial hardship.
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