What is a fiduciary advisor?

By now, many Americans know to ask whether their financial advisor is a “fiduciary.” In the decade following the financial crisis, regulators moved to protect the interests of regular folks working with professional advisors. In the meantime, critics urged everyday Americans to ask one all-important question before accepting financial advice: Is the person advising you […]

U.S. Supreme Court Blocks Student Loan Cancellation, Payments to Resume

Three important developments occurred recently in the world of federal student loans: the U.S. Supreme Court blocked an executive order offering loan cancellation to certain borrowers; Congress set an expiration date for the payment moratorium that has been in effect since March 2020; and new student loan interest rates have been set for the 2023–2024 […]