Those who have defaulted on federal student loans may see tax refunds seized. Others get a break by deducting interest paid on student loans.
Author: Susan Tompor, Detroit Free Press
No, you can’t pay to remove ID from the dark web. Here’s what to do
A watchdog group says about 36 percent of consumers wrongly believe that a service can remove stolen IDs from the underground marketplace.
Tax refunds went up for these Americans
The tax refund story is mixed. Some are seeing bigger refunds, while homeowners in high tax states report paying taxes, instead of getting refunds.
Online romance scams cost victims thousands. Read the story of one man who lost $31,000.
Victimsof romance scams aren’t just losing their life savings. Some are taking on new debt in the name of love, such as opening up credit cards.
Tax refund advance loans are often too good to be true. Here’s what you should know
Demand for tax refund advances could go up, thanks to the government shutdown. But read the fine print carefully and watch out for high tax prep fees.
New tax deduction cap could turn big refund into big tax bill
Some homeowners and two-income couples are shocked at tax bills after preparing 2018 returns. A $10,000 limit for state and local taxes hurts some.
How the gender pay gap hurts women’s retirement and 401(k) plans
Women come up short in retirement after years of working at lower wages than men, losing career opportunities due to caregiving, and other challenges.
How banks are helping you budget and track your money to avoid overspending
Mom can’t always be there to tell you when to stop spending. But Huntington Bank and others are promoting new tracking tools to keep resolutions.
A million pension checks risk huge cuts without this fix
About 120 pension plans, covering about 1.3 million people, are underfunded by $48.9 billion and could fail if a solution isn’t found.
Social Security calling? Nope, it’s just scammers out to grab your cash
Calls from Social Security imposters using fear tactics have been higher than IRS scams lately, according to the AARP Fraud Watch Network.