Alainta Alcin has heard about the huge transfer of wealth from baby boomers to their millennial children that is underway — a move that has been called the largest shift of assets in history. But Ms. Alcin, an analyst for hospital systems, says it bears little resemblance to her own family’s experience. “Unfortunately, my mom […]
Category Archives: Finance
If you are filing tax returns, “the government already has your financial information,” she added. “It’s really difficult to understand the rationale.” Here are some questions and answers about the FAFSA and college financial aid: What states have universal FAFSA policies? In addition to Louisiana, where the policy remains in place for this year’s graduating […]
When you walk into a financial adviser’s office, you expect them to put your best interests above all else — in the same way a doctor would, rather than, say, a car salesman. But many people don’t realize that the rules financial professionals must follow vary, depending on where they work and what products they’re […]
Shoppers in recent years have embraced “buy now, pay later” loans as an easy, interest-free way to purchase everything from sweaters to concert tickets. The loans typically are not reported on consumers’ credit reports, however, or reflected in their credit scores. That has stoked concerns that users might be taking on an outsize amount of […]
Navigating the health care system in the United States can often feel like being lost in a maze. What kind of doctor should I see? Who takes my insurance? What even is a co-pay, anyway? For that reason, Chris Hamby, an investigative reporter, has devoted much of his five-year career at The New York Times […]
Chris Gentry is meticulous about his craft — he’s a professional woodworker at a small company in Brooklyn, N.Y., that makes custom dining and coffee tables, cabinets and interiors. He creates pieces on his own from start to finish and enjoys that freedom. “It’s nice to have control over the way something should be done,” […]
The Alabama Supreme Court’s in vitro fertilization ruling this year, which held that frozen embryos should be considered children, raised a long list of questions for people worried about their future fertility treatments. My colleague Tara Siegel Bernard and I attempted to answer many of them in February. But a few unusual ones linger for […]
Maine has a lot of lobsters. It also has a lot of older people, ones who are less and less willing and able to catch, clean and sell the crustaceans that make up a $1 billion industry for the state. Companies are turning to foreign-born workers to bridge the divide. “Folks born in Maine are […]
Some 64 percent of Pennsylvanians responding to a Quinnipiac poll in early January described their financial situation as excellent or good; 24 percent characterized it as “not so good,” and only 9 percent called it poor. But in the same survey, only 33 percent of Pennsylvanians described “the state of the nation’s economy” as excellent […]
Who wouldn’t grab an income tax refund if they had one coming? About 940,000 people, it turns out — because they haven’t filed returns for the 2020 tax year, even though they may be due money back for that year. But there’s still close to a month left to file and collect the refunds. The […]