Family issues

Expecting a baby? It’s important to start thinking about both the short-term and long-term costs of raising a child, say financial advisors.

Experts and parents recommend speaking simply with younger kids who ask questions but avoiding detailed discussions of scary topics.

One-third of workers who switched jobs during the pandemic took a pay cut in exchange for better work and life balance, according to Prudential.

In Tuesday’s State of the Union address, President Joe Biden called for more aid for families with children. Still, there’s no timeline for any legislation.

The pandemic has upended millions of American lives, and for many has made them reconsider priorities around work.

The child tax credit supported work and entrepreneurship among parents, a study by the Social Policy Institute at Washington University in St. Louis found.

Nearly 60% of parents said that since child tax credit checks stopped, they haven’t been able to afford enough food, according to a recent survey.

A bipartisan congressional proposal would require employers to make reasonable accommodations for pregnant workers.

Here’s what families who got the child tax credit need to know before they file tax returns this season.

Most borrowers, 62%, say student loan debt negatively affected their mental health, according to the Invest in You Student Loan Survey conducted by Momentive.

The pandemic has upended millions of American lives, and for many has made them reconsider priorities around work.

More than 30% of Americans admit they have committed some form of financial infidelity, according to a survey from CreditCards.Com.

The enhanced child tax credit abruptly ended in December after Democrats failed to pass the Build Back Better agenda. Families are feeling the loss.

“There’s two really big components that I feel strongly about that I’m not sure I can get in the package,” President Biden told reporters Wednesday.

Most Americans are unable to cover an unexpected $1,000 bill with savings, according to a telephone survey conducted in early January by Bankrate.

“I am deeply concerned about the upcoming filing season,” National Taxpayer Advocate Erin M. Collins said in a report.

There are steps people can take to ensure their tax return and refund don’t face processing delays, said IRS Commissioner Chuck Rettig.

Filing your taxes as soon as possible can protect against fraud and make sure you get any refund you’re owed faster. Here’s what to prepare now to get ready.

The IRS will be sending Letter 6419, which shows how much families received in advanced child tax credit payments, in January.

Millions of children and their families will suddenly see thousands of dollars disappear from their budgets when the enhanced child tax credit ends.