ST. PAUL, Minn. (2/23/16)--One in four Americans are having difficulty paying for medications. Last year, total U.S. spending on prescription drugs by individuals, insurers, and governments jumped 13%--the largest increase since 2001. Certain demographics are feeling the crunch more than others (NextAvenue Feb. 1)
NEW YORK (2/2/16)--Becoming a landlord can be a profitable move, according to the online real estate site Trulia, but, it’s not a passive investment--it’s a small business. Take on the commitment only after you’ve given it careful consideration and research (CBS MoneyWatch Jan. 25).
Gas prices are tumbling, and inflation is almost sitting still. You probably hope it's going to be a great year for your wallet. It will be, if you pay attention and make adjustments to your spending habits.
The self-improvement impulse kicks into overdrive at the threshold of each new year. Susan Tiffany, writing in CUNA's Home & Family Finance Resource Center, recommends sticking to the basics when making financial resolutions.
Along with all the good will, holidays create opportunities for greedy fraudsters to take advantage of how busy and preoccupied consumers can become. The AARP Bulletin (Nov. 26) highlights several scams to look out for.
The thought of working past retirement is financially appealing to boomers who inadequately prepared for the big event. You hope you'll earn extra income, increase your Social Security income, and save money by extending health insurance benefits. But, if you're thinking about working after you retire, watch out for these financial pitfalls.
If you really want to give a meaningful holiday gift this year, think beyond traditional items such as clothing and gift cards. A recent survey conducted for Charles Schwab shows that more than half (53%) of those surveyed say cash to help pay off credit card bills would be their top choice as an unexpected holiday gift.
Next year you can put an extra $50 in your health care flexible spending account bringing the total to $2,550. Meanwhile the contribution limit for dependent care remains fixed at $5,000 where it's been stuck since 1986 when Congress originally set it.
When heading into retirement, many people make the decision to downsize, relocate to a different community, or renovate an existing home. The thought of moving or making major home improvements often carries a lot of emotional attachment that can make these processes overwhelming.
NCUA has released its new call report form and accompanying instructions, which become effective Sept. 30. For credit unions engaged in commercial lending, most notable are the updates reflecting the January 2017 changes to the member business lending rule.