Student loan borrowers enrolled in a new federal repayment plan could see their monthly payments cut in half in the near future, thanks to a last-minute reprieve by a federal appeals court. At the moment, though, the legal wrangling is sowing confusion throughout the student-aid system, with millions of borrowers’ monthly payments thrown into doubt. […]
As of 2024, the maximum Social Security benefit any retired worker can get based on the current formula is $4,873 per month. This translates to about $58,500 per year in inflation-protected retirement income. However, actually getting the maximum possible benefit requires a very specific and rare combination of factors. Here are the three things you […]
It’s a good idea to try to figure out when you’ll claim Social Security well ahead of retirement. That way, you can get an estimate of your monthly benefit based on your filing age. And from there, you can do some number crunching to make sure you’re making a smart decision. Now there’s a pretty […]
Retiring at 66 with $900,000 in a Roth IRA and $2,200 in Social Security benefits likely is a reasonable plan for many retirees. The income you could reasonably expect to generate from your Roth withdrawals, coupled with your Social Security benefit, probably will be somewhat more than the typical retiree’s expenses. You can likely expect […]
Border Patrol agents apprehended just over 84,000 migrants crossing the U.S. southern border in June, the lowest monthly number since President Joe Biden took office in 2021, a Department of Homeland Security official told NBC News. The number of apprehensions in June was nearly 30 percent lower than in May, when Border Patrol made over […]
Your Monthly Work Horoscope for July 2024. Discover your Monthly Work Horoscope for each zodiac sign here. Aries Welcome to a brand-new month of surprises, Aries! If you’re looking for a new job or business proposition, the time for your courageous sign to strike is when Mercury enters Leo on July 2. Taking offers that […]
Study results halfway through a pilot program distributing $1,000 in unconditional monthly cash assistance to Baltimore parents suggest that guaranteed income “improved at least some aspects of life” for participants. A report by a consulting agency evaluating the two-year Baltimore Young Families Success Fund pilot said participants’ income, housing independence and mental health all improved […]
Real Housewives of Atlanta fans never warmed up to Kenya Moore’s husband, Marc Daly. The duo tied the knot in 2017. When Marc filmed with his wife, he often belittled her and called her “Ken.” Well, Ken was much quieter and meeker than the Kenya that fans knew from RHOA. Their marital dynamic was puzzling […]
One of the most important retirement decisions you’ll ever make is when to claim Social Security. Most retirees can claim their monthly benefit starting at age 62, but waiting to claim results in a bigger monthly check from the government. Your benefits typically max out at age 70. That leaves a lot of options for […]
Woman looking where to invest $200,000 Creating passive income streams can be a stepping-stone to building wealth, with minimal ongoing investment of time or money. There are different ways to generate income passively that require varying degrees of effort to establish. If you’re interested in how to invest $200,00 for monthly income, it helps to […]
Single Mom With $1.3 Million From Divorce Can’t Afford $8,000 Monthly Rent, Dave Ramsey Says It’s Time To Move Karen, from Irvine, California, called into The Ramsey Show to seek advice about her living situation. She is newly divorced with full custody of two teenagers and currently pays $8,000 in rent on a $5,600 income. […]
Workers with defined benefit pensions may be offered the chance to collect a one-time, lump sum payment instead of monthly pension benefits for life. Making this decision involves evaluating a number of factors, including the lump sum amount, the amount of the monthly payments and the age of the recipient when the offer is made. […]