Student loan forgiveness deadline in April: What you should know

Student loan forgiveness deadline in April: What you should know

Maria Korneeva | Moment | Getty Images The Biden administration has set a key deadline for student loan borrowers hoping to get forgiveness. Those with multiple federal student loans who request a consolidation by April 30 — which will leave them with one, larger loan — could benefit from the U.S. Department of Education’s overhaul … Read more

IKEA Australia to drastically drop prices on more than 700 popular buys

IKEA Australia to drastically drop prices on more than 700 popular buys

IKEA Australia is set to drop the prices on more than 700 items by up to 20 per cent. Prices on a range of products including furniture, lighting, textiles and storage will have prices lowered from Tuesday. The prices of more than 2500 items have been dropped in the past 12 months, in a response … Read more

ANZ agrees to $57.5m settlement of lawsuit over credit card interest-free periods

ANZ agrees to .5m settlement of lawsuit over credit card interest-free periods

ANZ has agreed to pay $57.5 million to settle a class action lawsuit alleging customers were charged interest on credit card purchases that should have been interest-free. The class action claim, brought by Phi Finney McDonald, alleged ANZ’s credit card interest terms were unfair because they enabled the bank to retrospectively cancel customers’ interest-free periods. … Read more

tax saving instruments: March 31 is around the corner; don’t invest just to save tax: Harshvardhan Roongta

tax saving instruments: March 31 is around the corner; don’t invest just to save tax: Harshvardhan Roongta

Harshvardhan Roongta, CFP, Roongta Securities, says “do not invest in any product to save tax. It is not about insurance or any other investment product. You have to look at the merit of that product. You should ask yourself a question any time that you are going to be looking at investing; would you invest … Read more

Why gray divorce is a significant financial risk for women

Why gray divorce is a significant financial risk for women

Laylabird | E+ | Getty Images Breaking up in old age can be costly, especially for women. The rate of “gray divorce” — a term that describes divorce at age 50 and older — doubled from 1990 to 2019, according to a 2022 study published in The Journals of Gerontology. It tripled for adults over … Read more

How much money Americans in their 30s have in their 401(k)s

How much money Americans in their 30s have in their 401(k)s

Americans in their 30s have another 30 or so years before they reach retirement age, but they may not be saving enough to retire comfortably. On average, Americans believe they’ll need nearly $1.3 million to retire comfortably, according to Northwestern Mutual’s 2023 Planning and Progress study. However, the amount Americans in their 30s currently have … Read more

Perth vice principal receives $6500 junk insurance refund he had no idea he was owed

Perth vice principal receives 00 junk insurance refund he had no idea he was owed

Andrew was watching Sunrise in January 2023 when he saw a news segment about junk insurance. The 47-year-old never usually watches morning TV but this particular morning it was on — probably thanks to one of his children. After watching a segment on the show, the vice principal in Perth realised he may be eligible … Read more

How Social Security benefits may change under Republican, Democrat proposals

How Social Security benefits may change under Republican, Democrat proposals

South_agency | E+ | Getty Images House Republicans unveiled a plan this week that calls for raising the Social Security retirement age. Meanwhile, Democrats and advocates for the program are ramping up their calls to tax the rich to enhance benefits. “On the right, there is a line in the sand against tax increases,” said … Read more

Student loan forgiveness may come for 380,000 borrowers, Biden says

Student loan forgiveness may come for 380,000 borrowers, Biden says

Female firefighter putting on her protective equipment inside the fire station in response to an emergency Trevor Williams | Digitalvision | Getty Images The Biden administration’s latest student loan forgiveness announcement contained good news for more people than the 77,700 borrowers eligible for this round of aid. Starting next week, the administration said, President Joe … Read more