The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.
Category: Personal Finances
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Buying a Home? Without the CFPB, You Need to Be Your Own Watchdog.
The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, starting with shopping for the best mortgage rates.
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Why Gen Z Is Willing to Pay Big Money for Concert Tickets
How can 20-somethings afford the high cost of seeing their favorite artists’ live shows? Some save; some go into debt.
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What You Should Know About Your Spouse’s Money
Many couples are surprisingly unaware about key aspects of each other’s finances — and that can hurt them. Here’s how to get on the same page.
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Student Loan Borrowers Blocked from Affordable Repayment Plans
The Education Department has pulled down all applications for borrowers seeking to enroll in income-driven repayment programs. Here’s what to know.
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How Consumers Can Protect Themselves With the CFPB on Pause
Rules on bank and credit card fees, medical debt and payment apps are in limbo. One thing you can do is carefully check your financial statements, one expert says.
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What to Know About Filing Your Tax Return as the I.R.S. Sheds Workers
How to avoid delays, check the status of refunds and contact the Internal Revenue Service with problems.
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Debt and Mental Health: How One Couple Found Help
People who find themselves in financial trouble sometimes consider taking drastic measures when their situation appears hopeless. But there is always a way out.
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Did You Sell Concert Tickets or Clothes? You May Owe Taxes
If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert says.
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Medicare Doesn’t Pay for Everything: How to Bridge the Cost Gap
Older Americans have ways to protect against high out-of-pocket health care costs, but it’s important to understand the trade-offs.
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How to Use an HSA to Save a Lot
A new analysis finds that a diligent saver who leaves the money untouched for decades can accumulate $1 million. But not everyone with an H.S.A. can afford to leave the money untapped.