Asian cities, off the beaten path in Europe

Asian cities, off the beaten path in Europe

Tokyo, Japan. Matteo Colombo | DigitalVision | Getty Images When it comes to travel abroad, popular destinations like London, Paris and Rome always seem to top the wish list for Americans. But many travelers are looking beyond those mainstay cities for trips in 2024. Interest in major Asian hubs, off-the-beaten-path locales in Europe and other … Read more

The first step to setting an annual budget is simple

The first step to setting an annual budget is simple

This year, 40% of Americans said they do not make financial resolutions for the new year and 68% said they do not have written financial plans at any point in the year, according to research from BMO Financial Group. However, setting a budget goes a long way in managing your personal finances. “Many people spend … Read more

Looking for a job in 2024? These steps can help you get hired faster

Looking for a job in 2024? These steps can help you get hired faster

Xavier Lorenzo | Moment | Getty Images If you’re looking for a new job, get ready for more competition in the new year. “We see many more job seekers come and use our site in mid- to late-January,” said Scott Dobroski, career trends expert at Indeed. “It aligns to that new year, new you mentality,” … Read more

Why employers can force out small 401(k) accounts when a worker leaves

Why employers can force out small 401(k) accounts when a worker leaves

Tom Werner | Digitalvision | Getty Images If you left behind a small 401(k) plan account at a former job, odds are your former employer has moved those funds out of the plan. That move may hurt your retirement savings over the long term, experts say. Current law allows employers to “force out” 401(k) accounts … Read more

This strategy can help you meet your financial New Year’s resolutions

This strategy can help you meet your financial New Year’s resolutions

Young woman counting money. Jose Luis Pelaez Inc As the calendar turns to a new year, many Americans are vowing to change their money habits. To that point, 48% of investors recently surveyed by Allianz Life Insurance Company say they are more likely to make and keep a financial resolution in 2024 to either save … Read more

Women face a retirement savings shortfall. Three ways to close the gap

Women face a retirement savings shortfall. Three ways to close the gap

What begins as a gender wage gap inevitably becomes a significant shortfall by retirement. In the U.S., women who work full time are typically paid about 80 cents for every dollar paid to their male counterparts. That gap has persisted despite women’s increasing levels of education and representation in senior leadership positions. Women are also still more … Read more

Student loan borrowers won’t face penalties for missed payments

Student loan borrowers won’t face penalties for missed payments

Miodrag Ignjatovic | E+ | Getty Images Borrowers don’t need to apply Borrowers do not need to enroll in the on-ramp period, the U.S. Department of Education says. If your loans were eligible for the pandemic-era payment pause, which mainly include those in the Direct program, then borrowers will also qualify for this relief. Loans … Read more

You can still lower your 2023 tax bill with these last-minute moves

You can still lower your 2023 tax bill with these last-minute moves

The year-end is quickly approaching, but there’s still a chance to reduce your 2023 tax bill or boost your refund with some last-minute moves, experts say. Dec. 31 is the deadline for many tax-saving opportunities, which leaves limited time to take action. “It’s a little late to be super strategic,” but there’s still some “low-hanging … Read more

$7,500 EV tax credit may be easier — and harder — to get in 2024

,500 EV tax credit may be easier — and harder — to get in 2024

Praetorianphoto | E+ | Getty Images The $7,500 tax credit for new electric vehicles will be easier for many consumers to claim in 2024, but it may be more difficult for others. These opposing dynamics are due to federal policies taking effect at the same time. One policy kicking in Jan. 1 will allow car … Read more

How much to save monthly to retire with 5 million

How much to save monthly to retire with 5 million

Many young Americans hope to retire as millionaires — and they’re pretty optimistic about reaching that goal. Most Americans believe they’ll need to save over $1 million by the time they retire and that amount varies slightly by age group. Those in their 20s think they’ll need around $1.2 million saved for retirement while those … Read more