The Social Security Act, passed passed 86 years ago, is a key component of retirement income for nearly all individuals. Social security insurance also provides a safety net should a worker become disabled or a family lose their breadwinner.

One of the nation’s more recognizable financial aid institutions, Naivent, had to forgive the debt of 66,000 borrowers earlier this month. This decision came after a lawsuit with 39 state attorney generals determined that the student loan servicer was forcing a portion of their borrowers into costly repayment plans, which they knew they would not be able to pay off.

The COVID-19 pandemic continues to be a global issue as new variants are spreading. As people continue to struggle, 2021 ended without a fourth stimulus check to keep households afloat.

Culture Meets Money guest Ash Cash Exantus brings inclusive representation to Black communities through financial literacy and hip-hop music.

With the holiday season approaching, millions of people will be conducting their holiday purchases soon. However, a recent report by Deloitte showcased that 11.5% of consumers will not be partaking in the holiday shopping season due to these reasons.

The current $3,600 Child Tax Credit payment will be expiring at the end of the year if Congress does not renew it. The tax credit could potentially return to $1,000 by 2025. If you wish to receive Child Tax Credit payments, you can apply one of two ways.

With the federal health insurance open enrollment period for 2022 underway, right now is the essential time to switch over to a different health insurance plan. The open enrollment began on November 1, 2021, and is ongoing until January 15, 2022.

Culture Meets Money had the pleasure of chatting with Tonya Rapley, founder and CEO of My Fab Finance. Rapley shares her thoughts on the importance of making intentional money decisions. Below are three key takeaways from her chat.

When it comes to the distribution of wealth among Black and Latinx people versus white people in the United States, minorities have always been neglected. The racial wealth divide is widespread and stems from hundreds of years of policies.

One of the American Families Plan’s goals is to allow the IRS to monitor transactions of bankers over $600 to ensure that people are not lying about their taxable income.

Despite the continued reluctance from the NCAA, the Supreme Court ruled in favor of college athletes. On July 1, 2021, a new federal bill was passed, stating that college athletes could receive compensation for their name, image, and likeness (NIL).