Savings
The Biden-Harris administration recently announced a finalized retirement rule that will help individuals save for retirement. The Retirement Security Rule updates the definition of fiduciary, a financial manager that follows a certain code of ethics. The amended definition requires financial managers to have set policies that guide them in advising…
The amount Americans believe they will need to retire comfortably has increased faster than inflation, but what they are saving has dropped, a recent survey said. U.S. adults believe they will need at least $1.46 million to retire in style, according to a Northwestern Mutual survey. This figure is up 15%…
College tuition is on the rise, living costs are high and the future is uncertain. Combine that with the pressure to secure your child’s financial future, and it may sound intimidating. However, a few expert-approved moves can help pave the path for their success.”It’s important for parents to save what…
The arrival of spring means a new group of college graduates will soon be entering the workforce in earnest and facing financial choices that will impact their futures. Between planning for retirement, saving for other goals like purchasing a home or raising children, dealing with student loans and managing their…
The 50/30/20 rule is a beginner-friendly budget guide you can start following today. The 50/30/20 rule provides a way to simply break up your after-tax income. With this rule, there are three different “buckets” your money falls into. These buckets are needs, wants and savings. With this rule, 50% of your…
After the wedding and honeymoon bliss wears off, it’s time to get back to reality. Money is a topic that requires discussion between you and your partner, hopefully before nuptials take place. Finances can be a huge point of contention between couples, so it’s important to establish a plan early…
Saving money should be a priority for Americans, no matter what age or financial state they’re in. The volatility of the stock market, inflation and other money-sucking elements of everyday life are only a few reasons why various savings accounts should be at the forefront of minds. While income is…
Alaska Airlines is known for its Mileage Plan, which won the title of NerdWallert’s Best Airline Rewards Program for 2023 for its great reward rates, elite status benefits and reliability. It even ranked as the most pet-friendly airline. The free-to-join Mileage Plan makes it easy to collect reward miles by…
Delta Air Lines, a major global airline based in Atlanta, Georgia, offers the SkyMiles® loyalty program. Through SkyMiles, members accumulate points with each flight and co-branded credit card purchases, which are redeemable for travel, in-flight amenities, seat upgrades and more. According to the airline’s website, Delta operates hubs at eight…
A new report from Fidelity Investments finds that over half of Millennials and Gen Z believe they will have a harder time saving for retirement due to the higher cost of living. Fidelity’s 2024 State of Retirement Planning study found that 57% of Millennials and 56% of Gen Z believe…