Generally, Social Security retirement benefits (as well as disability and survivor benefits) are paid in the month after the month they are due. So, if you apply for your Social Security benefits in September, you will receive your September benefits in October.
Recently, the Georgetown University Center on Education and the Workforce released some findings about what new graduates could expect to earn. The results are interesting and may well speak to where the workforce will head if left to market forces.
Consumer Financial Protection Bureau,
Subprime Mortgage Crisis,
As the 2016 presidential campaign kicks off, the economy is growing and Americans are getting back to work. However, for far too many people plotting a course from the working class to the middle class requires navigating dangerous waters filled with financial icebergs.
Start with a notion that's a bit counter-intuitive. To become an effective travel bargain hunter, planning is essential. In fact, embrace travel as a hobby, looking for tricks, techniques and current online resources to keep abreast of the best last-minute deals. Here's how to begin.
The U.S. Department of Labor just proposed raising the overtime threshold -- what you can be paid and still qualify to be paid "time-and-a-half" beyond 40 hours per week -- from $23,600 a year to $50,400. This is a big deal. Some 5 million workers will get a raise.
How To Save Money,
Saving Money At Home,
Saving Money Tips,
Ways To Save Money,
If the eye-rolling and heavy sighs of impatient customers waiting for the cashier to process your stack of coupons leave you utterly mortified, extreme couponing might not be for you. But, that doesn't mean you should avoid couponing altogether.
Combined households sharing living expenses, childcare, eldercare and maintenance duties made life more affordable in the '50s. Due to recent economic realities, multi-generational living has been on the rise for many families.
Right now, too many Americans are working long days for less pay than they deserve. That's partly because we've failed to update overtime regulations for years -- and an exemption meant for highly paid, white collar employees now leaves out workers making as little as $23,660 a year -- no matter how many hours they work.
Free Credit Report,
Midyear Financial Checkup,
Online Bill Payment,
Fair Credit Reporting Act,
The summer months allow most of us a chance to slow down and catch up -- on relaxation, on chores and with a bit of scheduling and focus, on our money goals.
With so many generic options out there these days, it's often tempting to just buy the cheaper products and save your money for something else. But "cheaper" doesn't always mean better.
Finances For New Grads,
Financial Literacy Education,
Personal Finance Education,
The unfortunate reality is that most young adults have received little instruction about personal finance at the moment they need it most: when entering the workforce and starting "real life."
Ah, summer. That time of year for making s'mores around a campfire, riding adrenaline-pumping roller coasters and... bonding with the kids over a money talk? Ok, so maybe that last scenario isn't as traditional as fireworks on the Fourth of July.
Millennials And Money,
Millennials In The Workplace,
Millennials aren't incredibly worried about bank fraud -- but they should be. According to a 2014 Federal Trade Commission study, 20- to 29-year-olds are the highest reporting group for identity theft, making up a full fifth of complaints across all age brackets.
For many people, the difficulties start before stepping foot in the store.
No doubt the face of financial planning will be much impacted by the ever-growing presence of legally recognized same-sex married couples and families across the country. In many ways it will be simpler, but in others more complex.
Susan B. Anthony,
Since the year 2020 marks the 100 year commemoration of the passage of the 19th Amendment of the U.S. Constitution granting women the vote, petition organizers argue that the time has long-since come for women to grace our currency, especially our paper bills.
While there's not much you can do to prep for the loss of shut-eye or a diaper deluge, you can shore up your savings -- because the last thing you want to be thinking about while cradling your newborn is how much those Pampers are setting you back.
The rotten-apple approach won't work in non-competitive markets where the general rule is that the information consumers need is not provided. An important example is the HECM reverse mortgage market, which may be the most dysfunctional and least competitive of all the major financial service markets.
Alternative Wedding Venues,
Couples can save considerable money through creative scheduling, direct planning and most important, treating their wedding as just one of many financial issues they'll navigate in a lifetime. That's why they might want to consider a little financial planning before the wedding planning starts.
Many Americans are clearly not experts at managing their own finances and end up broke month after month. The cycle of overspending leaves them poor, even if their income means they are considered well above the poverty line.