

Ann Carrns
Posts

More States Now Require Financial Literacy Classes in High Schools
The surge in offerings is a response to the pandemic, which revealed glaring income inequality, as well as inflation and the resumption of student loan...

Tip a Self-Service Kiosk? How to Deal With the Many Requests for Tips.
Since the pandemic, they seem to be everywhere. And with inflation, the gratuity on a pricier meal feels like a big outlay.

Higher Contribution Limits Are Coming for 401(k) Retirement Plans
But, financial advisers note, most people cannot afford to set aside the maximum amount. “This is a system geared for high earners,” one expert said.

Open Enrollment Begins for Affordable Care Act Health Plans
Pandemic-era help with the monthly insurance premium costs continues through 2025.

TransUnion Failed to Quickly Place or Remove Freezes on Credit Reports
The Consumer Financial Protection Bureau accused the credit bureau, one of three major credit reporting agencies, of “lying to consumers.”

How to Take Advance of Your Health Savings Account
Insurance plans with high deductibles may seem unappealing, but the savings accounts that often come with them offer significant tax benefits.

A New Effort to Make College Aid Offers Easy to Understand
After years of criticism about financial aid letters that are confusing and sometimes misleading, about 400 schools have agreed to bring “clarity” to their communication.

Consumer Agency Moves to Ban Medical Debt From Credit Reports
Millions of Americans owe money to doctors and hospitals, and that debt can affect their ability to get loans or even a job.

The Rising Costs of Owning a Car
Everything is going up — buying, financing, insurance and maintenance. The average annual cost of ownership, by one estimate, is $12,000.

Beware Companies Selling Credit ‘Repair’ Services
Consumers have a right to dispute mistakes on their credit reports. But if they’ve made late payments, that can’t be erased, consumer experts say.