Higher education is expensive. During the 2023-24 school year, according to the College Board, the average estimated yearly budgets for full-time undergraduate students (including tuition and fees, housing and food, plus allowances for books and supplies, transportation and other personal expenses) varied: $19,860 for public two-year in-district students, $28,840 for public four-year in-state students, $46,730 Read more
Election 2024 Results: Key Economic Takeaways
Former President Donald J. Trump has been elected to be the 47th president of the United States, winning both the popular vote and the electoral college. As of now, the Republicans have control of the Senate, albeit with fewer than the 60 seats needed for a super-majority which would remove the possibility of a filibuster Read more
Time For Medicare Open Enrollment: How It Works
Annual open enrollment for Medicare started on October 15 and runs through December 7. (Extended enrollment opportunities may be available to some people in areas where FEMA declares an emergency or major disaster that hampers their ability to complete their signup during the normal window.) This is time when Medicare health and drug plans can Read more
What Do You Know About Current Economic Trends? Take Our Quiz
Given this is an election year, chances are you have heard a lot of economic figures thrown around. (Some are even true.) While it’s always a good idea to keep up with the economic trends, there is a lot of data out there and it might be difficult for you to keep track. (It’s OK, Read more
What’s the Meaning of This? The Fed Finally Cuts Rates
After many months of punditry and prognostication regarding the potential for the Federal Reserve to cut the federal funds rate in 2024, the agency finally did so at its September 17-18 meeting. The Fed lowered the target for the rate by 0.50%, or 50 basis points, to a range of 4.75% to 5.0%. This amount Read more
What to Do With Your 401(k) When You Change Jobs
Due to the tight job market and rising wages, many people have changed jobs over the last several years. That means that they probably left a 401(k) behind at their prior job. You may be one of those people. If so, what are your options to manage that 401(k)? You have several choices, but it’s Read more