People walk outside of the New York Stock Exchange on July 25, 2022 in New York City.Spencer Platt | Getty ImagesThe S&P 500 climbed to yet another record close on Tuesday.The index — which tracks the performance of around 500 of the largest U.S. company stocks — has jumped...
Thomas Barwick | DigitalVision | Getty ImagesIt's tempting to follow the crowd when it comes to investing.While that may not always be wise, experts say one investment vehicle — exchange-traded funds — might be worth a second look now."It's been a huge growth engine in the fund universe," said...
For millions of people, it's time to compare benefits and prices and pick health coverage on the Affordable Care Act health insurance marketplaces.Open enrollment on those plans started on Nov. 1 and typically lasts through Jan. 15, though that will be extended to Jan. 16 in 2024 due to...
Andreswd | E+ | Getty ImagesMedicare beneficiaries have until Dec. 7 to change their Medicare health and prescription drug coverage for the coming year through open annual enrollment.This year, there's even more reason to pay attention, as financial assistance for prescription drug coverage is set to expand starting Jan....
Jozef Polc / 500Px | 500Px Plus | Getty ImagesSocial Security beneficiaries will see a 3.2% boost to their benefits in 2024, the Social Security Administration announced on Thursday. The annual cost-of-living adjustment for 2024 will affect more than 71 million Social Security and Supplemental Security Income beneficiaries. These...
Shoppers at a Chicago grocery store on Aug. 9, 2023.Scott Olson | Getty ImagesInflation has continued to take a bite out of Americans' wallets in 2023. But onetime predictions that a recession is on the horizon are instead now turning into forecasts of a soft landing for the U.S....
Halfpoint Images | Moment | Getty ImagesMany women already feel they are behind when it comes to being financially prepared for retirement.There's another risk they have to watch for: disruptive curveballs life throws at them that may put them off track, according to recent research from financial services firm...
DusanManic | iStock | Getty ImagesAlmost half of Americans — 47% — say achieving retirement security will take a miracle, according to a new survey from Natixis Investment Managers.That is up "quite a bit" from about 40% of respondents who said the same two years ago, according to Dave...
Sporrer/Rupp | Image Source | Getty ImagesNew government inflation data points to a 3.2% Social Security cost-of-living adjustment in 2024, according to a new estimate from The Senior Citizens League.That would raise the average monthly retirement benefit by about $57.30, according to the nonpartisan senior group.The Senior Citizens League's...
A sign posted outside a restaurant looking to hire workers in Miami, May 5, 2023.Joe Raedle | Getty Images News | Getty ImagesThe gap between wage growth and inflation is closing.But it may take time for workers to fully recover from the fastest jump in prices in 40 years."Hopefully,...