Debt

Congress is gearing up for another debt war, and the collateral damage could include Social Security, Medicare and the stock market.

What would you do if you were suddenly debt-free? Millions of student borrowers are about to find out.

For some borrowers of FFEL and Perkins loans, the Department of Education has some bad news.

When President Biden unveiled his plan for student debt relief, borrowers had many questions about what they needed to do. Now, a month later, there are some answers.

Millions of parents have taken out student loans for their children, but only some of them are eligible for forgiveness under a new executive order. Here's a look at who qualifies.

Former employee alleges financial-wellness guru’s firm selectively enforced “Christian” rules forbidding extramarital sex for staffers.

There are lots of reasons to fret about debt — and more reasons not to, writes Matthew A. Winkler.

Funds that buy debt backing sustainability matters grew 12% from the end of 2019 globally, reaching a record $209.5 billion of assets, data show.

I am advising some clients to ladder maturities to lock in more dependable tax-free income streams — especially for those in states with high income taxes, like California.

“Traditionally, 401(k)s generally have some really good investment options that you wouldn’t be able to do on your own,” an expert says.

The asset manager will serve “as a third-party vendor to operationalize these purchases and transact with the primary dealers,” the New York Fed said.

Retirees tapping their long-term savings accounts for income in an emergency are advised to strongly consider reducing their withdrawal rates.

While younger clients may be putting away more money than Gen Xers and baby boomers, they’re not better prepared for retirement compared with their older counterparts, experts say.

While some retirees have seen a substantial increase in spending, many others are enjoying financial freedom.

Aside from refinancing, retirees are advised to consider downsizing their homes to reduce overall spending.

Seniors choosing between traditional and Roth IRAs must account for their current and future tax rates.

A Roth conversion “not only to minimize heirs’ tax burden but also to sustain the growth of [their] retirement savings."

Retirees can reverse their claiming decision, but not without considering one important caveat.

After developing a plan to cover their bills and emergency expenses, clients in a new marriage are advised to start working on their long-term goals.