Mar 15, 2023 | Financial Literacy
Important things to know about Individual Retirement Plans Important things to know about Individual Retirement Plans Last week, we covered 401(k) plans, which are usually offered by your employer, but what if you are self-employed or earn income not under a specific...
Mar 13, 2023 | Congressional Legislation, Federal Regulation, News
Republican House Members Press Chopra on Credit Card Late Fees Proposal Last week, 17 Republican members of the House Financial Services Committee sent a letter to Rohit Chopra, Director of the Consumer Financial Protection Bureau (CFPB), concerning the CFPB’s credit...
Mar 10, 2023 | Federal Regulation, News
White House Pushes States to Join Crackdown on “Junk Fees” White House officials and Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra recently urged states to join their effort to crack down on “junk fees” that the officials say are...
Mar 8, 2023 | Financial Literacy
Important things to know about 401(k) Plans When thinking about and planning for retirement, one type of savings plan you might hear a lot about is a 401(k) plan. But what exactly is this plan and how does it work? 401(k) plans are one of the most used types of...
Mar 8, 2023 | Federal Regulation, FinTech, News
CFPB Issues Report on Financial Profiles of Buy Now Pay Later Customers The Consumer Financial Protection Bureau (CFPB) recently published a report analyzing the financial profiles of buy now, pay later (BNPL) customers, finding that BNPL consumers were more likely to...
Mar 6, 2023 | Financial Literacy, News
Nearly Half of U.S. Adults Have Less or No Savings Compared to One Year Ago A recent Bankrate report found that 49 percent of U.S. adults have either less or no emergency savings compared to a year ago, including 39 percent who have less savings than last year, and 10...
