Inflation drops in December – will the Fed slow interest rate hikes in 2023?

Inflation eased in December, but interest rates are likely to increase a few more times in 2023. However, the rate of increase could slow, one Fed official says. Here's what it means for you.

Biden proposes new student loan repayment plan: Here’s how much borrowers will save

The Department of Education's new student loan repayment plan would offer $0 monthly payments for any individual borrower who makes less than roughly $30,600 annually and any borrower in a family of four who makes less than about $62,400.

Secure 2.0 Act helps savers nearing retirement boost catch-up contributions

The Secure 2.0 Act of 2022 – a follow-up to the 2019 Secure Act – allows for an increase in "catch-up" contributions for people nearing retirement.

Credit card debt carried over monthly is most common type of debt: AARP

Credit card debt is affecting many Americans as they deal with high inflation, and many are carrying their balances from month-to-month. Here’s how to pay down credit card debt quickly.

How to find dental financing when dental insurance isn't enough

Dental loans can help you pay for a procedure when the maximum benefit amount on your dental insurance isn’t enough. Learn more about dental financing here.

Here's how much pay Americans say they'd need to start a new job

A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.

How Federal Reserve’s series of rate hikes could affect your finances

As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.

Nearly half of US workers hope to get promoted, a raise in 2023, survey shows

According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.

Two California cities top list of metro areas homebuyers are leaving

A new report has listed San Francisco and Los Angeles as the two top U.S. cities in which homebuyers were looking to leave. 

Ty Pennington, AARP offer home renovation tips for older adults
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According to research by AARP, about 75% of those 50 and older want to stay in their current home or community. (Credit: AARP)