In recent years, there has been a concerning trend in workplace engagement as more and more employees are becoming disengaged from their work and workplace. According to a 2023 Gallup poll, only one-third of full- and part-time employees are engaged, while approximately 50% are not engaged, and the remaining 16% are actively disengaged. This shift
Personal
In an effort to enhance online services for its users, the Social Security Administration is implementing updates to its online platforms. If you are a current user of the online “my Social Security” account and registered before September 18, 2021, it is crucial that you log in to ensure seamless access to your account. These
With the current real estate market trends, many renters are considering the concept of “rentvesting”, where they continue to rent their primary residence while investing in a property elsewhere. While this may seem like a lucrative opportunity to get a foot in the property market, there are several factors to consider before diving into the
The Biden administration has faced numerous legal challenges in its efforts towards student loan forgiveness. Despite its attempts to provide relief to borrowers, these initiatives have been met with opposition and obstacles. The Supreme Court’s rejection of Biden’s initial broad forgiveness proposal last summer set the tone for the challenges to come. Furthermore, the administration’s
Deflation, the decrease in the general price level of goods and services, has been a prominent trend in the U.S. economy, especially in the past year. Unlike inflation, which measures the increase in prices, deflation can have both positive and negative impacts on the economy. Economists have observed a significant decline in prices for various
The U.S. Department of the Treasury and the IRS recently announced a significant achievement of collecting over $1 billion in tax debt from high-income individuals over the past year. This accomplishment comes as a result of the IRS’s plans to expand its focus on individuals earning above $1 million annually with more than $250,000 in
Despite the decrease in the share of people with medical debt in collections appearing on their credit reports over the past decade, unpaid balances due to healthcare costs remain a significant burden for many individuals and families. Research conducted by the Urban Institute revealed that in 2013, 19.5% of Americans had medical debt in collections,
The upcoming presidential election between President Joe Biden and former President Donald Trump has sparked feelings of anxiety among investors. According to a survey conducted by investment company Betterment, more than half of investors (57%) expressed nervousness about the election, with 40% expecting to make changes to their investments based on the outcome. The survey,
The Biden Administration’s Spring 2024 Unified Agenda reveals that a final rule on student loan relief may be published in early October, right before the presidential election in November. According to higher education expert Mark Kantrowitz, regulatory changes like these usually take a significant amount of time to implement, but the Department of Education could
The strategy of Roth individual retirement account conversions is a well-known method to reduce taxes for future pretax 401(k) or IRA withdrawals. The concept of a “Roth conversion ladder” is a popular way to manage the upfront tax implications concerning Roth conversions. This strategic approach involves converting pretax or nondeductible IRA funds into a Roth