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The article reports on the student loan debt plan proposed by the U.S. Department of Education under the administration of U.S. President Joe Biden that would revise the existing REPAYE income-driven repayment (IDR) plan. Information is provided about eligibility qualifications for the plan, discretionary income, changes for borrowers with small loan balances, conditions for inclusion of spouse's income in payment calculation, enrollment in the plan before loan payments are set to resume.

The article discusses factors and issues to consider that serve as a guide to house purchasing with less down payment. House buyers are advised to understand first how the mortgage market operates, citing the strategies of lenders and quasi-government entities Fannie Mae and Freddie Mac. Another issue to consider is the added costs that come with smaller down payment offers. Institutions that could provide information on mortgage products include credit unions and banks.

The article offers information on several financial terms including compound interest, student loan deferement, and Roth individual retirement account (IRA). It suggest contributing money that has already been taxed as part of your paycheck in IRA. It states that student loan deferement is a period when loan payments are temporarily suspended or reduced. It further states that compound interest makes saving early and powerful.

The article discusses how American households are coping with the Covid-19 pandemic as of March 2021 by featuring the experiences of several individuals like Lawrence Bentley of Massachusetts, Pam Smith of Pennsylvania, and Karan Kaushik of New Jersey. Smith lost her job as yoga instructor and her husband died due to the virus. Bentley, meanwhile, also lost his job in information technology data management.

The article discusses a new law in New York State requiring auto insurers to add a supplemental spousal liability insurance coverage, potentially raising premiums for policyholders, even if they are unmarried or insuring a business vehicle.

The article focuses on the resumption of student loan payments and provides information about the Biden administration's measures to ease the transition, including a yearlong "on-ramp" for missed payments, the introduction of the more affordable income-driven repayment plan called SAVE.

The article reports on the announcement by the U.S. Justice Department and the Education Department of a process on November 17, 2022 that would make it easier for people seeking relief on their federal student loans to clear their debts through bankruptcy. Topics covered include the difficulties that borrowers face when using bankruptcy to discharge their student loans, and the potential of the new guidance in providing a meaningful avenue for debt relief.

The article reports on the challenges facing American families wanting to own a home in the U.S. due to rapid increase of mortgage rates that make homeownership tougher. Also cited are the Federal Reserve's (Fed) move to increase interest rates rapidly to address high inflation, and the claim by Brean Capital analyst Scott Buchta that the effects of market volatility and increases were passed on to consumers.

The article reports on updates in the housing market in the U.S., particularly the increase in mortgage rates to 7% as of October 2022 as the Federal Reserve continues its aggressive interest rate hikes to address high inflation. Based on Freddie Mac data, rates on 30-year fixed-rate mortgages increased to 7.08%. According to Freddie Mac's Sam Khater, the increases resulted in the decline of housing demand and home prices.

The article reports on the 8.7 percent increase in U.S. Social Security benefits, through the cost-of-living adjustment (COLA), by 2023 to help about 70 million Americans deal with inflation. It shows the dependence of retirees and older people in lower-income households on Social Security checks. It attributes the imbalance in Social Security funding in previous years to demographic shifts and refers to raising payroll taxes or trimming benefits as ways to close the funding gap.

The article features stories of four families and their monthly budgets which demonstrate how the middle class has changed over a generation. Topics discussed include these families' monthly take-home pay and major monthly expenses, chances of a drop in income and relationship of rising costs with income growth.

The article discusses about financial services company, Charles Schwab's first-quarter earnings report and how it has eased concerns about the company's financial health.

The article focuses on why Charles Schwab the U.S. largest publicly traded brokerage firm was affected by the recent banking turmoil. Topics include Schwab has an operation that ranks as the U.S.'s tenth-largest bank; it held money in bond losses at the end of 2022 parallel to the Silicon Valley Bank which sold its securities at a loss when depositors requested their money; and the bond losses were a result of rising interest rates.

The article reports on the strategies used by mortgage lenders to attract borrowers amidst the surging interest rates imposed by the U.S. Federal Reserve to address high inflation like offering incentives. Also cited are the Inflation Buster program introduced by lender Rocket Mortgage to lure borrowers, and the move by United Wholesale Mortgage to reduce its rates to attract borrowers.

The article reports on the increase in mortgage rates in the U.S. Topics mentioned include the effect of inflation and the level of mortgage rate on home buyers and housing market, the commitment of the U.S. Federal Reserve to increase its key interest rate to address the rising consumer prices, and the popularity of a 30-year fixed rate mortgage as home loan.

The article addresses questions about the plan of the administration of U.S. President Joe Biden to cancel up to 20,000 million dollar-worth of federal student loans and to extend pause on student loan payments. Topics include qualifications for debt cancellation, types of debt that qualify, tax requirement to qualify for debt cancellation, adjustment of monthly debt payment, income-driven repayment plan, default loans and overlap with public service loan forgiveness.

The article reports on the importance of taking financial steps to prepare for weather-driven disasters such as storms and wildfires. Topics mentioned include the annual average of billion-dollar storms since 1980, the impact of climate shifts on the frequency of certain types of extreme weather, and online tools that can offer a starting point for evaluating home's risk to earthly hazards.

The article discusses the challenges facing Americans who retired during a financial downturn and the strategies they can use to address the adverse effects on their investment portfolio and plan for the long term. Also cited are the move by majority of Americans to invest their savings to keep pace with inflation after their retirement, and the claim by Morningstar's Christine Benz that retirees in 2022 faced declining stock and bond prices and high inflation.

The article reports that the U.S. Supreme Court's decision about the constitutional right to an abortion has affected health insurance coverage. Topics discussed include remarks from Susan M. Nash, a benefits lawyer and partner at Winston & Strawn with expertise in health care, how the decision, Dobbs v. Jackson, may affect insurance coverage across the country, and overview on the cost of abortion.

The article informs that digital data will be considered as evidence in abortion investigations and prosecution of those who will violate abortion ban in the U.S. following the overturn of the Roe v. Wade constitutional right to abortion ruling. It discusses provisions of the Fourth Amednment and the Health Insurance Portability and Accountability Act (HIPAA). It shows the absence of response from financial services companies and discusses the issue on privacy of customers' financial data.

The article reports on the significance of the decision of U.S. Federal Reserve to lift its key interest rate for the third time since March 2022 to the financial status of U.S. consumers. Topics mentioned include an increase in the average credit card rate in March 2022, an increase in the average interest rate on new-car loans in May 2022, and an increase in rates on 30-year fixed rate mortgages in June 2022.

The article reports on the plights of Americans who borrowed money from the U.S. federal government to finance their education but did not graduate by citing the case of Michael Chaney. According to Chaney, he was forced to take student loans to retrain and ended up with over 63,000 dollars in debt but with no degree or diploma. Also cited is the plan by President Joe Biden to launch a forgiveness program to reduce or eliminate federal student loan debts.

The article reports on the millions of amateur investors who traded in the stock market and made profits during the pandemic since 2020 and their decision to stop investing or shuffle their portfolios due to recent declines in stock prices. Data presented indicate the decline in the Standard & Poor (S&P) 500 from January to May 2022. It shares the stories of amateur investors including Shelley Hellman who decided to refine her investing strategy and Jonathan Colon who sold all his stocks.

The article reports on the challenges facing Americans in their efforts to own a home due to surging home prices and mortgage rates. According to associate professor Simon Blanchard, people are facing a psychological dilemma on whether to buy their home or not. Also cited are the effects of high inflation in the market, and the National Association of Realtors data on the national median price of homes in the U.S. in March 2022.

The article reports on the growing number of financial influences (finfluencers) on social media, which showed the increasing interest of women in investing. According to finfluencer Tori Dunlap, she already supported around 170 American women in their investing journey. Also cited is the finfluencers' use of social media platforms like TikTok and podcasts to release their practical financial guidance.

The article discusses the Internal Revenue Service's (IRS) announcement that taxpayers who received one time, state issued payments to ease the impact of higher inflation would not need to report them as income on their federal income tax returns.

The article discusses the Internal Revenue Services currently determining the payments sent to taxpayers in states last year to be considered taxable income on federal returns or not.

The article presents questions and answers related to WHAT TO KNOW BEFORE FILING IN 2022.

The article reports on the growing participation by investors and financial institutions to the cryptocurrency (crypto) market and their warning to the public to exercise caution when entering the market. Also cited are the Coinbase data showing a sharp rise in the value of the leading crypto Bitcoin, the move by the U.S. federal government to develop a crypto policy, and some firms venturing into crypto like PayPal, Venmo and Gemini.

The article focuses on the increase in borrowing costs for consumers as a result of an increase in interest rates by the U.S. Federal Reserve (Fed). Topics discussed include the domino effect of the Fed's move, the reason behind the Fed's decision to increase the interest rate, forecasts on interest rate in 2022, and the impact of the rate increase on mortgage and student loans and the stock market.

The article offers information on the program run by the U.S. Federal Emergency Management Agency which is meant to ease the financial burden on grieving families that lost loved ones to the COVID-19 pandemic. Topics covered include the factors attributed to the difficulty in claiming the benefit, the number of people who had applied for funeral assistance, as of February 2022, and how applicants can smooth the application process.

The article discusses how the meme stock phenomenon in 2021 involving firms like video game retailer GameStop has turned into a fight against financial injustice in the U.S. Also cited are the move by small investors like Pastor Mat Bowen to join the fight, how the investors planned to change the alleged manipulation by major Wall Street companies of the stock market, and Bowen's support to other companies like AMC Entertainment and Sundial.

The article suggests ways on how to properly resign from a job with the purpose of securing a meaningful raise, more rewarding work or an improved work-life balance. It includes determining first the motivation for leaving the job before crafting a resignation letter, taking advantage of flexible spending accounts, whether for medical or dependent care expenses, before resigning, and having a complete understanding of a retirement plan.

The article reports on the settlement agreement between several U.S. states and student load servicing company Navient. Topics mentioned include the need for Navient to pay restitution and cancel delinquent private student load debts, the lawsuit filed by several states against the company due to its deceptive and abusive operations affecting struggling students, and the student loan rules under the U.S. Department of Education.

The article focuses on a report by national taxpayer advocate Erin M. Collins which show that the U.S. Internal Revenue Service (IRS) has a backlog of at least 10 million unprocessed returns from 2021. Topics covered include the factors that led to the horrendous filing season in 2021, the warning by the IRS that staffing shortages and backlog could lead to another frustrating filing season, and the decline in staffing and increase in workload facing the IRS.

The article examines the provisions of the federal spending package that was presented by U.S. lawmakers in December 2022, particularly on student debt loan and retirement savings. Also cited are how the bill will facilitate the enrollment of part-time workers in workplace retirement plans, and the ability of employers to add annuities to their 401(k) retirement plan.

The article discusses how the coronavirus pandemic has adversely affected single mothers in the U.S. who want to own a home. Based on Urban Institute data, 25% of single mothers were homeowners in 2019. Also cited are how single mothers were challenged by child-care responsibilities and high prices of single-family homes during the pandemic, and the comment of the Urban Institute's Jun Zhu on the developments.

The article reports on the move by the New York City government to expand its child savings account or child development account program to serve more students and support them in their education beyond high school. The program starts in kindergarten. Also cited are the comment of parents-teachers association (PTA) president Vaniqua Hudson-Figueroa on the program, and other similar programs by cities like San Francisco in California.

The article examines the possible scenarios if the U.S. will default on its debt payment like a delay in the benefit payments of retirees and Medicare and Medicaid providers. Also cited are the plan by the Democrats to amend the filibuster rules to avoid a default, the claim by Treasury Secretary Janet L. Yellen that the debt ceiling will be reached by October 18, 2021, and the suggestion of Senate Minority Leader Mitch McConnell to allow a temporary debt ceiling increase until December.

The article discusses how parents' loans in the U.S. to finance the education of their children can become debt traps. Other topics include the parent PLUS loans underwritten by the federal government, the higher interest rates of the PLUS loans compared to students' loans, and the claim by the Education Department that it considers the loans as instruments of social insurance policy rather than traditional debt.

The article informs that Charles Schwab has agreed to pay 187 million dollars to settle charges brought by Securities and Exchange Commission, which accused the financial services firm of misleading investors, and mentions that Schwab made money on the cash allocations.

The article examines the findings of report which shows that financial health of Social Security and Medicare have improved slightly in 2021 on the back of a strong economic recovery during the coronavirus pandemic in the U.S.

The article reports on the announcement by Fidelity that it will allow its U.S. members to invest a portion of their retirement money into Bitcoin if their employers allow it.

The article focuses on legislative packages that have extended several coronavirus related relief such as stimulus checks, tax breaks and expanded unemployment benefits. Topics discussed include unemployment insurance subjected to federal and state income tax, ineligibility of undocumented immigrants without social security number for payments and stimulus payment included in the relief package.