Saving

Is Your 401(k) Where It Should Be After Age 50? See How You Compare

Reaching your 50s usually means your peak earning years are arriving. It is also the perfect time to check your retirement progress. According to the latest How American Saves report from Vanguard, the average 401(k) balance for participants aged 55 to 64 is $271,320. A benchmark like that can either…

The Tax Deduction That CD Savers May Be Overlooking

If you have purchased a CD — otherwise known as a certificate of deposit — from your bank, you probably know that withdrawing money from it before the term expires usually requires payment of a penalty. However, you might not realize that this fee you pay for an early withdrawal,…

Here’s What the Supreme Court Tariff Ruling Means for Consumer Prices

The landmark Supreme Court ruling that struck down many of President Donald Trump’s import tariffs could yield savings for consumers in the coming months, economists say. But the savings might evaporate if Trump enacts a new round of import taxes, as he vowed to do in an impassioned news conference…

Why IRS Tax Refunds After Death Can Take Over a Year and What to Do

Losing a loved one is hard enough, but some are still forced to deal with the IRS for more than a year afterward, data show. After someone died, it took the Internal Revenue Service an average of 444 calendar days to issue refunds due to the deceased person’s beneficiaries from…

5 Ways Your Wallet Wins

It finally happened. In a move that’s sending shockwaves through Washington and Wall Street alike, the Supreme Court just took a sledgehammer to President Trump’s sweeping global tariffs. In a 6-3 ruling handed down today, the court decided the president didn’t have the legal authority to use a 1977 emergency…

The Best Places to Buy Pet Medicines (and Keep More of Your Cash)

You love your pet, but you probably don’t love the vet bill. It’s a familiar feeling: you’re standing at the checkout counter, your dog or cat is eager to leave, and the receptionist hands you a small bottle of pills with a price tag that makes your heart skip a…

Why Health Insurance Premiums Are Rising — and What You Can Do About It

Editor’s Note: This story originally appeared on The Penny Hoarder. Are you paying more for insurance in 2026? You’re not alone. Employees across the country had health insurance premiums spike this year, 7% on average according to a survey from investment company Mercer. And the Kaiser Family Foundation found that…

5 States With the Highest Gas Prices and What to Do About It

If there’s one expense that American drivers can commiserate over, it’s higher gas prices compared to previous years. The average annual retail price of gasoline has skyrocketed since 2002, from $1.36 to as high as $4.09 in 2022, based on data from the U.S. Department of Energy. Unfortunately for millions…

The Death of the Property Tax? Don’t Pop the Champagne Just Yet

If you’ve ever paid off a 30-year mortgage only to realize you’re still writing a four-figure check to the county for property taxes every year, you know the feeling. It’s like you never truly own your home; you’re just renting it from the taxman. Right now, there’s a growing movement…