If you are fortunate enough to have a workplace retirement plan that offers a matching contribution, the goal should always be to set your contribution rate so you qualify for the maximum employer match. But for married couples who both have a workplace plan, that goal is a bit trickier. There is no standard formula…
More than 40% of parents with kids between the ages of 18-35 report that a child has moved back home at some point. About half of those kids did it out of necessity, but for many, it was more of a strategy to save up money given the high cost of renting or a down…
We all know that caregiving for elderly parents typically falls more on daughters. New research shows just how draining that can be. In the three years surrounding the death of a parent with dementia, an adult daughter was 28% more likely to have a mental health care visit than a daughter whose parent died but…
New rules that went into effect on July 1 drastically change how parents can borrow to help pay for a child’s college education. The federal loan program for parents, PLUS loans, has been drastically reduced. Parents can “only” borrow $20,000 a year, and for each student there is a $65,000 limit for parent borrowing. I…
