Personal finance

Erin Collins, national taxpayer advocate at the Taxpayer Advocate Service, speaks at a Senate Appropriations subcommittee hearing in Washington, D.C., on May 19, 2021. Bloomberg | Bloomberg | Getty Images Many taxpayers are experiencing “long delays and uncertainty” amid a backlog of roughly 1.4 million pandemic-era small business tax credit claims, according to the national

Tourists walk through a park in Chicago, on May 26, 2024.   Jamie Kelter Davis/Bloomberg via Getty Images Many major U.S. cities have seen apartment prices soar in the past year, even as the typical American has seen pandemic-era rent inflation cool substantially. For example, renters in Syracuse, New York, saw monthly rents for one- and

U.S. President Joe Biden is joined by Education Secretary Miguel Cardona (L) as he announces new actions to protect borrowers after the Supreme Court struck down his student loan forgiveness plan in the Roosevelt Room at the White House on June 30, 2023 in Washington, DC.  Chip Somodevilla | Getty Images News | Getty Images

Vladimir Vladimirov | E+ | Getty Images If you’re nearing retirement with a large pre-tax 401(k) plan or individual retirement account balance, you need a plan for managing future levies, financial experts say. Great savers could face a “tax time bomb” in retirement when required withdrawals kick in, said certified financial planner Scott Bishop, partner

Hispanolistic | E+ | Getty Images A retirement savings crisis is looming for people who have 401(k) plans and other retirement balances woefully short of what they will need to live on. But some workers — called “super savers” — are managing to successfully grow their retirement nest eggs. Super savers are workers who are