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If, for example, a family owed $50,000 in medical debt, but on their own or with a debt resolution provider, was able to reduce that sum to $10,000, the IRS would consider the $40,000 difference ...
One survey found that about 60% of U.S. adults have helped family members out financially in a time of need. But the same survey revealed that 35% of the people that did so ended up damaging their ...
If you're struggling with your finances, you're not alone. According to a recent survey by GOBankingRates, nearly 40% of Americans are having a tough time financially -- with some even reporting ...
1-in-3 midlife adults provide their parents with financial support. I’ve worked hard to save $610,000 for our retirement, kids’ college — but my in-laws struggle to pay rent and my wife is ...
And the disparity has only grown wider since the recession. From 2007 to 2010, black families’ retirement accounts shrank by 35 percent, whereas white families, who are more likely to have other sources of money, saw their accounts grow by 9 percent. The result is that millennials of color are even more exposed to disaster than their peers.
An Aug. 31 student loan repayment deadline has been looming over millions of Americans for months, with many families are coming to grips with the possibility of having to restart payments in a ...