President Donald Trump discussed a proposal for a federal stimulus aid round with House Minority Leader Kevin McCarthy, Republican of California (left) and Senate Majority Leader Mitch McConnell, Republican of Kentucky, (center) in the Oval Office on Monday. Photo by Doug Mills / Getty Images Improved unemployment benefits are likely …
Read More »The proportion of Americans who default on their mortgage payments falls to the lowest level in two months.
Fewer Americans now have agreements with their mortgage servicers to skip their monthly payments. Getty Images / iStockphoto Fewer than 4 million homeowners in the US skip their mortgage payments, according to new estimates by the Mortgage Bankers Association released Monday. The business group reported that only 7.8% of mortgage …
Read More »The wealthy can get up to $ 40 billion in tax breaks if Obamacare is repealed
High-income households will come out ahead, at the expense of the poor, if the Supreme Court repeals the Affordable Care Act. Last month, the Trump administration asked the Supreme Court to drop the health care measure, arguing that the law became unconstitutional when Congress removed the fine for not having …
Read More »Test your knowledge of Social Security benefits
Jim McGuire | fake pictures If you are like many Americans, you will not answer this question about Social Security correctly: “I must be a US citizen to collect Social Security retirement benefits.” The insurance company MassMutual recently asked 12 true / false questions like this about the federal program …
Read More »New online tool aims to help prepare for this impending retirement cost
One of the most difficult parts of retirement planning is knowing if you will need long-term care in the future or how much it could cost. While not everyone will need that care, it helps with activities of daily living like bathing or dressing, those who can face a large …
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