Personal Finance

Student loan borrowers with cancer can now pause their payments. Under the rule, included in a recent bipartisan congressional spending package, borrowers are exempt from student loan payments throughout their treatment for cancer and then for six months afterward. Additionally, interest will not accrue during the postponement. Some cancer patients can rack up an extra
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Ultra-wealthy investors aren’t bullish on the markets but they are well positioned to “weather the storm,” according to Michael Sonnenfeldt, founder of investment club Tiger 21. In the third quarter, Tiger 21 members moved more capital into real estate and private equity, according to its latest asset allocation report. The network, which is made up
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Age 70 could be the new 50. At least that’s what many women are saying when it comes to how they perceive their retirement years. A new survey from TD Ameritrade found that 73 percent of women said 70 is the new 50, while 59 percent of men said the same. The results come from
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Amy and Bill Keane had long dreamed of a “see the world” retirement, since busy careers limited their vacation time. “We’ve been living that dream now for nearly seven years,” Amy Keane said. The Keanes visited Ecuador twice before deciding to move to Cuenca. On each trip, there were meetings with realtors, visa attorneys, insurance
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Americans have, on average, more than three credit cards each. Many also have debit cards, flexible spending cards and other accounts that are all associated with a unique 16-digit number that enables transactions. Plus, most popular virtual payment methods now use so-called tokenization, which means that there are additional unique numbers tied to your account.
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Residents affected by the three fires scorching parts of California have yet another ordeal to contend with: beginning the homeowners’ insurance claims process. Two of the blazes — the Hill Fire and the Woolsey Fire — ignited in southern California on Thursday, setting off evacuations, according to the Ventura County Fire Department. Meanwhile, the Camp
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With Congress now split between Democrats and Republicans, consumer-related legislation is likely to be caught in the crosshairs. “You shouldn’t expect much coming out of Washington that will directly affect your personal finances,” said Ric Edelman, the chairman of financial education and client experience at Edelman Financial Engines. At stake are regulations around lending, student
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