The U.S. Department of Education has announced 60,000 additional teachers, nurses, firefighters and government public administrators will have their loans canceled under the Public Service Loan Forgiveness Program, bringing the total number of borrowers with debt cancellation to over 1 million.
Category: Money
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Which savings strategy works for you?
Saving money is essential for future expenses, and there are various saving account options such as Standard Savings, Money Market Accounts, High Yield Savings, Certificates of Deposit, 529 Plans, 401(k) and IRA to help make it a habit.
Posted inMoney
New report exposes tax system’s role in widening racial wealth gap, calls for urgent reforms
Color of Change and Americans for Tax Fairness have released a report highlighting the deep racial inequities in the U.S. tax system and calling for reforms to make the tax code work for everyone, not just the top 1 percent.
Posted inMoney
Talk about money now to avoid family financial surprises
MVLS advises older homeowners to have open and honest conversations with their families about the potential impact of a reverse mortgage on their heirs, as it can leave them with no choice but to pay off the loan or surrender the home after the homeowner’s passing.
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WHAT EVERY BUSINESS NEEDS TO KNOW ABOUT PAYMENTS FRAUD
Small businesses are increasingly vulnerable to fraud, with 80% of organizations surveyed reporting being the targets of actual or attempted fraud attacks in 2023, and PNC is committed to delivering fraud mitigation solutions to help protect small businesses from various forms of fraud.
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How to take action and help protect older adults from scams
Sponsored by JPMorganChase Anyone can be a victim of scams. They happen when scammers go after individuals of all ages, using tactics like phone calls, emails and messages to reel in unsuspecting victims to get to their money and personal information. Older adults are often key targets and it is important to stay alert to […]
Posted inCommentary
Biden’s anti-NAFTA moment is here
The Biden-Harris administration is implementing a bold trade policy to ensure America leads the clean energy economy of the 21st century, investing in domestic manufacturing and creating a green jobs boom, while protecting American jobs from Chinese competition.
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Beyond Rent: How Owning a Home Builds Equity and Financial Security
Homeownership offers a multitude of advantages, including building equity, financial benefits, stability, flexibility, a sense of achievement, and long-term wealth building, making it a cornerstone of personal and financial well-being.
Posted inMoney
The cost of being a woman: A $1.6 trillion yearly wage gap
The gender wage gap persists, with Black, Latina, and Indigenous women losing $1.6 trillion annually due to the wage gap, which is compounded by racial and gender discrimination, occupational segregation, and reproductive justice.
Posted inCommentary
Transferring generational wealth: Don’t leave it to the law
Estate planning can help Black Baltimoreans secure and transfer generational wealth, and can be used to define your care if you are no longer able to make decisions for yourself, and to avoid property transfer fees and taxes.
Posted inBUSINESS
Building healthy financial habits: It’s never too early to learn
Alexis Taylor, AFRO Managing Editor, shares her lessons learned about money over the years, including the importance of knowing your worth and sharing stories of financial failure to help others avoid the same mistakes.
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Chase to Bring ‘The Experience’ to D.C. Business Owners on May 8
Chase for Business is hosting a complimentary, all-day expo in Washington, D.C. to provide local business owners with best practices to help grow their business.