My $10,000 in student debt is canceled. What should I do now? Save for retirement, invest in the stock market and bonds — or buy a home?

President Joe Biden made a long-awaited announcement in August that individuals earning less than $125,000 a year would have $10,000 in federal student loan repayments forgiven, but that would rise to...

Biden’s Student Loan Forgiveness Plan Refunds Borrowers Who Paid During Pause

The few Americans who continued to make student loan payments during a federal pause enacted at the beginning of the pandemic will now be eligible for a refund. On Wednesday, President Biden announced...

Goldman Sachs has run the numbers on student-loan relief. This is its assessment.

The White House on Wednesday finally released its program for student-loan-debt relief, saying it will cancel up to $20,000 in debt per borrower to households earning as much as $250,000. Read: Biden ...

Biden Forgives Up to $20,000 in Student Loan Debt. What It Means for Nelnet and Navient.

Text size President Joe Biden said he met a pledge to “provide student debt relief.” Getty Images The Biden administration announced Wednesday the cancellation of $10,000 in federal studen...

‘Student-loan socialism’ — Republicans blast Biden’s debt-forgiveness move, as Democrats praise his ‘effective action’

President Joe Biden on Wednesday made his long-awaited announcement on federal student loans, saying his administration plans to cancel $10,000 in debt per borrower for individuals making under $125,0...

The World Food Shortage Is Getting Worse. These Companies Have Solutions.

Scorching heat and drought shriveling up crops in the Midwest and eastern Africa. A continued pandemic. War in Ukraine. Rarely has the world seen such a confluence of disasters, threatening the abilit...

Investors are snapping up homes at a furious rate — in some regions they bought up to 20% of houses for sale

First-time homebuyers who struggled to snag a property this past spring might have been competing with deep-pocketed investors.  While the share of investor purchases has fallen from its February peak...

Public pension hole now $11,000 per U.S. worker

Top state and local pension funds lost $250 billion on the markets during the month of June and are down more than $600 billion for the year, according to a new study. The 100 biggest public sector pe...

Welfare Developments To Launch The First Ever Bitcoin Sky Mansion In Dubai

– Advertisement –   The World’s first BTC sky mansion available for fractional ownership is being launched in Dubai. Bitcoin seems to be gaining more momentum after years of apathy against...

Crypto & NFTs Helping to Fund African Welfare, Development Projects

Cryptocurrencies and non-fungible tokens are being used across African nations to fund welfare and development projects. These projects are concerned with improving local livelihoods and focus on educ...

Here’s how much your Social Security check is likely to go up next year

Good news — sort of. If you’re retired or just about to retire, next year’s Social Security checks are likely to see one of the biggest bumps on record as a result of surging consumer prices. The aver...

Here’s how much the average working boomer has saved for retirement

Three news items that say a lot about the retirement crisis facing Americans and what we can do about it—if we want to. The first is a survey of 1,000 working Americans conducted recently showing much...

Millennials Are Right to Expect Cuts in Social Security. What to Do Right Now.

Text size Millennials need to save more over the course of their careers, according to a new report. Dreamstime Millennials will probably collect less in Social Security than older generations, but a ...

3 markets in which housing is more affordable than its historical average

Here’s where housing is relatively affordable. Getty Images Home prices have skyrocketed in recent years, with CoreLogic revealing in its latest report that home prices grew by 20.9% year over year in...

WaykiChain Spreads Public Welfare, Comes to a Philippine Fisher Village

[PRESS RELEASE – Please Read Disclaimer] A truck loaded with rice, flour, oil, salt, and other daily products departed from Manila, the Philippines’ capital, and drove slowly towards a fisher village ...

Cutting Welfare Access For Young Adults With Disabilities Increases Crime Rates, Study Suggests

Topline Cutting off access to welfare benefits for young adults with disabilities greatly increases the chances they will engage in criminal activity, according to a new Quarterly Journal of Economics...

Carl Icahn loses proxy fight with McDonald’s over animal welfare

Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist investor Carl Icahn lost his proxy fight with McDonald’s on Thursday, signaling that shareh...

McDonald’s shareholders vote on Carl Icahn proxy fight over animal welfare

Signage outside a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg | Getty Images McDonald’s shareholders meeting on...

Will Hordes Of Poor Seniors Overwhelm Government Welfare Programs?

The editors of Bloomberg recently published a series of editorials on America’s impending “retirement crisis,” which they assert could “under reasonable assumptions … overwhelm state budgets across th...

A Near-Retiree Wants to Maximize His Social Security. Here’s Some Advice.

Noli Cabantug has spent his career going back and forth between the public and private sectors. Now, at age 58, he’s wondering what his retirement income will look like and what he can do over the nex...

Opinion: What does Social Security insolvency mean, and how can it impact your retirement?

In the last several months you may have seen news headlines announcing that the Social Security program will be insolvent by 2033. This could be alarming if you’re planning to retire, but it doesn’t n...

Opinion: There’s a big hole in the Fed’s theory of inflation—incomes are falling at a record 10.9% rate

The most concerning thing about Thursday’s report on U.S. gross domestic product for the first quarter wasn’t that the first line of the first table showed that real GDP fell at a 1.4% annual rate. It...

I have a government job and a small pension. I’m planning to work a few more years. Should I file for Social Security now or wait?

A recent reader email introduced the very common question: Should I file for Social Security now or wait? Here’s the email: I am turning 66 in June, approaching full retirement. I am a federal employe...

Here Are Some Answers to Common Questions on Social Security Disability and Spousal Benefits

Photo illustration by Barron’s Staff; (reference) Dreamstime (4) Text size Have a question about saving for retirement or your personal financial situation? Whatever the question, Barron’s Retir...

Alleged $8 Million Welfare Scam, Explained

Topline Former Green Bay Packers Quarterback and Hall of Famer Brett Favre has been accused of using his “special access” to former Mississippi Gov. Phil Bryant and other officials in his ...

I’ve been paying my student loan for 37 years, but now I’m earning $11K a year

How to get out of student loan debt Getty Images/iStockphoto Question: I have a student loan from 1984 that I defaulted on. I am 72 years old and have been paying through a deduction in my Supplementa...

Make Estimated Quarterly Tax Payments on Roth Conversions. Or Penalties Will Bite.

Dreamstime Text size Have a question about saving for retirement or your personal financial situation? Whatever the question, Barron’s Retirement can try to help. Email [email protected], and we ...

Keep a Lid on Social Security Taxes and Medicare Costs. Consider Roth Conversions.

If you’ve become a 401(k) millionaire or amassed large sums in other tax-deferred retirement accounts, you can potentially shave your lifetime taxes by hundreds of thousands of dollars by converting p...

Is the Housing Market Going to Crash? With Rising Mortgage Rates and Sky-high Home Prices, First-Time Buyers Are Being Locked Out

When Kellie Stofko and her fiancé, Liam McRae, started house hunting last August, it was with the vision of trading their 800-square-foot Atlanta apartment for a roomier home of their own in time for ...

Opinion: Social Security benefits should not be cut

The American Academy of Actuaries — a group of usually sober and sensible people — recently issued a brief making the case for “Raising the Social Security Retirement Age.”     Their argument is strai...

You could be getting the wrong Social Security benefit check – here’s how to fix it

Want to get the most out of your Social Security retirement benefits? Make sure your work history and statements are correct.  Retirement Tip of the Week: Look over your Social Security statements to ...

Opinion: The Trust Act is not the way to fix Social Security

Last month, I was invited to a forum on “Trust Fund Solutions,” which means Sen. Mitt Romney (R-Utah) is still pushing his TRUST Act. One of the bill’s co-sponsors — Sen. Angus King (I-Maine) — also a...