Personal finance

Momo Productions | Stone | Getty Images Once you’ve decided that opening a Roth individual retirement account for your child is a great idea, now comes the hard part: convincing the child to save for a far-off retirement instead of spending that hard-earned money.  I have some ideas for making the case to your child. 

About 165 million Americans rely on employer-sponsored health insurance and yet, workers may still not get the coverage they want — particularly when it comes to drugs like Wegovy and Novo Nordisk’s diabetes drug Ozempic. One in three employees are looking for more resources to combat obesity, according to a recent report by consulting firm Gallagher.

Republican presidential nominee former President Donald Trump attends a rally at the site of the July assassination attempt against him, in Butler, Pennsylvania, Oct. 5, 2024. Brian Snyder | Reuters As 2025 approaches, top-ranked advisors are bracing for a looming tax cliff when trillions of dollars in tax breaks are scheduled to expire. Enacted by

Peopleimages | Istock | Getty Images As investors revisit bonds amid falling interest rates, some are encountering longer waits to transfer certain assets purchased via TreasuryDirect, a platform run by the U.S. Department of the Treasury.   TreasuryDirect, which sells government-backed assets, experienced a surge in demand in recent years as investors flooded into Series I

Women in their mid-30s to mid-40s make up about 46% of total employment, which means they are slightly less likely to work than men that age, according to a recent analysis by the Federal Reserve. Their employment rate is also slightly lower than women in their early 20s. “This smaller share reflects the fact that,

Hispanolistic | E+ | Getty Images In 2025, millions of retired Americans will see a 2.5% cost-of-living adjustment for benefit payments, according to the Social Security Administration. But a lesser-known tax change will also impact higher-income workers. The Social Security Administration on Oct. 10 unveiled a higher threshold for earnings subject to Social Security payroll

United Parcel Service (UPS) driver pushes a dolly of packages towards a delivery van on a street in New York. Victor J. Blue | Bloomberg | Getty Images As much as consumers love shopping online, most hate to shell out for shipping charges. Paying for return shipping is even worse. These days, 77% of shoppers

David Paul Morris/Bloomberg via Getty Images Inflation fell in September as lower gasoline prices combined with other waning price pressures in areas such as housing to bring relief to consumers’ wallets, according to the U.S. Bureau of Labor Statistics. The consumer price index, a key inflation gauge, was up 2.4% last month from September 2023,

Lordhenrivoton | E+ | Getty Images The Social Security Administration on Thursday announced that the cost-of-living adjustment will be 2.5% in 2025. When that increase goes into effect, it will be the lowest adjustment to benefits that beneficiaries have seen since 2021, when the cost-of-living adjustment, or COLA, was 1.3%. The Social Security cost-of-living adjustment

Portra | E+ | Getty Images More than 72.5 million Americans will see a 2.5% cost-of-living adjustment to benefit payments in 2025, the Social Security Administration announced on Thursday. With the change, Social Security retirement benefits will increase by about $50 per month on average starting in January, according to the agency. The Social Security

Lucy Lambriex | Stone | Getty Images As the Federal Reserve cuts interest rates, investors should review their bond portfolio, which could see a boost from dovish Fed policy. The central bank in September kicked off its first easing campaign in four years with a 50 basis point rate cut, which brought its benchmark rate

Tomml | E+ | Getty Images Social Security beneficiaries will soon know the size of their annual cost-of-living adjustment for 2025. They may be in for a disappointment because if current projections hold true, the increase to benefits could be the lowest since 2021. The Social Security cost-of-living adjustment, or COLA, could be 2.5% next