5M Borrowers Approved For Student Loan Forgiveness
The Biden Administration has forgiven $183B in student loans for over 5M borrowers, with new PSLF, disability, and borrower defense approvals.
How To Withdraw Retirement Funds Post-Disaster Penalty-Free
Disaster victims can withdraw up to $22,000 from retirement funds penalty-free under SECURE 2.0.
IRS Proposes Key Roth Rule Changes for High Earners In 2025
IRS proposes mandatory Roth contributions for high earners, expanded catch-up limits for older workers.
IRS Proposal Requires Automatic Enrollment in 401(k) Plans
Learn about new 401(k) automatic enrollment rules starting in 2025.
California Halts Insurance Cancellations After Wildfires
California protects wildfire-affected homeowners with a one-year insurance moratorium, stopping policy cancellations in impacted areas.
CFPB Bans Medical Debt On Credit Reports
CFPB bans medical debt from credit reports, impacting 15M Americans and erasing $49B in debt. Credit scores could rise by 20 points.
Stock Markets Closed January 9 For Carter Memorial
U.S. stock markets will close on January 9, 2025, to honor former President Jimmy Carter during the National Day of Mourning.
How Bernie Madoff’s Victims Nearly Recovered Their Losses
Bernie Madoff’s victims recover 94% of losses after final $131M payout from Madoff Victim Fund, totaling $4.3 billion distributed worldwide.
55,000 More Borrowers Receive Student Loan Forgiveness
Biden administration approves $4.28B in student debt forgiveness for 54,900 borrowers in public service roles. Total relief nears $180B.
U.S. College Completion Rate Hits Record 61.1%
Record-breaking college completion rates reveal gains in two-year institutions, but state and income disparities remain significant.
74% Of Parents Want College Fund Contributions For Gifts
A Fidelity study shows 74% of parents welcome contributions to their child’s college savings over traditional gifts.