Browsing: Savings

Following the dawn of the COVID-19 recession, Americans collectively accumulated a record $2.1 trillion in excess savings, according to research by the Federal Reserve Bank of…

Amid high inflation and rising interest rates, most Americans believe the economy is in bad shape, according to a poll from Quinnipiac University. In fact, 71%…

With Congress potentially unable to reach an agreement on federal spending legislation to be signed by the president, the government could shutdown on Oct. 1. And…

Amid economic uncertainty, the back-to-school season could have a significant impact on the wallets of American families with children, according to a survey by ScoreSense, a…

When it comes to rising interest rates, there tends to be a lot of gloom-and-doom discourse about the danger that more expensive borrowing costs pose to…

Despite recent market volatility, Americans’ retirement account balances increased in the second quarter of 2023, marking the third straight period of growth, according to the latest…

The Internal Revenue Service (IRS) is changing limits on Americans’ catch-up contributions to their retirement accounts that will be in effect through 2025. The IRS announced…

Amid record-high debt and stubborn inflation, Gen X has struggled to save for retirement, according to a survey by Clever Real Estate.  In fact, 64% of…

401(k) participation reached a record-high rate of 83% this year, according to a report by Vanguard. “It is encouraging to see a record number of U.S.…

One lucky Powerball winner in California is sitting with the $1.08 billion ticket drawn Wednesday night and 36 others, across various states, won $1 million on…