Proposed changes to federal student-loan repayment plans tied to income could cut some borrowers’ monthly payments by more than half.
Category: Personal Finances
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What to Know About Biden’s Student Loan Repayment Proposal
The New York Times – Business: -
For Freelancers, New Federal Help in Saving for Retirement
The New York Times – Business:The Secure 2.0 Act provides for direct government contributions to retirement accounts for low- and moderate-income workers, though that won’t start until 2027.
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Low-Down-Payment Mortgages: Your 2023 Guide
The New York Times – Business:Facing high interest rates and home prices, some buyers have only a small down payment to offer. But they still have plenty of options.
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The Downsides of Using ‘Buy Now, Pay Later’
The New York Times – Business:Shoppers can quickly get approved for the services, but regulators are concerned that the loans lack important protections.
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How Taylor Swift Got Fans to Sign Up for Their First Credit Cards
The New York Times – Business:For some fans, a chance to see their favorite artists in concert is the most compelling reason to sign up for their first credit cards and start building credit.
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At German Christmas Markets, Smiles Shine Bright but Budgets Are Tight
The New York Times – Business:In Nuremberg, the stalls are open without Covid restrictions, and big crowds are returning to sip mulled wine and socialize. But amid economic uncertainty, visitors are spending less.
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Investors Relying on Roboadvisers Are Seeking a Human Touch
The New York Times – Business:Younger investors who are navigating market volatility and trying to save for retirement are finding that roboadvisers lack the personal touch.
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Investors Relying on Roboadvisers Are Seeking a Human Touch
The New York Times – Business:Younger investors who are navigating market volatility and trying to save for retirement are finding that roboadvisers lack the personal touch.
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New Spending Bill Makes It Easier for Americans to Save for Retirement
The New York Times – Business:Several provisions in the spending bill outline new ways employers can help workers save for retirement.
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Wells Fargo to Pay $3.7 Billion Over Consumer Banking Violations
The New York Times – Business:The Consumer Financial Protection Bureau cited improper overdraft fees, account freezes, auto repossessions and misapplied home loan payments that have harmed millions of consumers since 2011.
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Hardship 401(k) Withdrawals, Explained
The New York Times – Business:Most employers allow you to take funds out of your retirement account, but the withdrawals come with significant downsides. Our columnist discusses other options.