Although they are barely in the first stages of recovery from destruction caused by Hurricane Harvey, leaders of the Cornerstone Credit Union League are already overwhelmed with the outpouring of support they have received from the credit union system.
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)
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.