Live
DebtUp to 15% of Social Security Payments Now Cut for 452,000 Student Loan DefaultersRetirementIRS Issues New Standard Forms to Make Retirement Account Rollovers Simpler and SaferTaxesIRS Proposes Rules for Employers to Add Up to $2,500 Tax-Free to Workers' Trump AccountsBankingHigh-Yield Savings Accounts Still Top 4% APY in August, but Rates Are Slowly DippingCreditAverage Credit Card Rate Surpasses 22% APR as 3 in 5 Indebted Cardholders Stay Stuck in DebtDebtUp to 15% of Social Security Payments Now Cut for 452,000 Student Loan DefaultersRetirementIRS Issues New Standard Forms to Make Retirement Account Rollovers Simpler and SaferTaxesIRS Proposes Rules for Employers to Add Up to $2,500 Tax-Free to Workers' Trump AccountsBankingHigh-Yield Savings Accounts Still Top 4% APY in August, but Rates Are Slowly DippingCreditAverage Credit Card Rate Surpasses 22% APR as 3 in 5 Indebted Cardholders Stay Stuck in Debt
Wealth Builder DailyWealth Builder Daily

Personal Finance & Investing

Build the Financial Life You Actually Want.

Practical guides on budgeting, debt payoff, and beginner investing - written for real people, not finance professors.

Read the Guides →Free Financial Calculators
♥♥♥XP

💰 Money Mission

▶ Start
B
A
Sister Site

Young Bucks Club

Money skills for ages 9-25.

▶ Play Freeyoungbucks.club ↗
Today’s Lead Story
Thursday, August 13

Debt

Up to 15% of Social Security Payments Now Cut for 452,000 Student Loan Defaulters

via Consumer Financial Protection Bureau

Federal officials have resumed garnishing up to 15% of monthly Social Security payments from an estimated 452,000 people with defaulted government-backed student loans, after a temporary halt ended when the new RAP repayment plan launched July 1. Borrowers can appeal the reduction by pursuing loan rehabilitation or requesting a financial hardship hearing.

Why it matters

For retirees and people with disabilities relying on Social Security as their primary income, losing 15% of monthly benefits could make rent, utilities, or groceries unaffordable.

See all today’s storiesRead source

Today in Money

Money news that matters - without the hype.

Quick, plain-language summaries of the latest stories on budgeting, debt, credit, investing, mortgages, inflation, taxes, and side income. Each one comes with a one-line note on why it actually matters for your wallet.

View the Full Daily Money Brief →

For educational purposes only. Not financial, investment, tax, or legal advice. Always do your own research or speak with a qualified professional.

Sister Site · For Parents

Now PlayingYBC × WBD

Young Bucks Club

Money Is a Game.
Your Kids Can Win It.

The wealth-building skills you wish you'd learned at 12 - built into a free club for kids, teens & young adults (ages 9-25). XP, weekly challenges, and Buck's Money Starter Sheet on signup.

🎮
Tutorial
Ages 9-11
⚡
Normal
Ages 12-15
🚀
Expert
Ages 16-25
▶ Press Start - Freeyoungbucks.club ↗
★★★★★2,000+ families·$0 to start·Free printable on signup
● LIVES ♥♥♥Q 4/10XP 320

💰 Money Mission

10 questions · 3 lives · earn XP
Reach YBC Legend to win.

10
Qs
3
Lives
1350
Max XP
▶ Press START

YBC-001 · Buck Edition

B
A
SELECT
START

Latest Guides

View all guides →

Run the Numbers

Three free calculators. No signup.

Plan your debt payoff, project investment growth, and check if you're on track for retirement. Math that matters, in under a minute.

Open Calculators →

The Newsletter

Get the Free Budget Tracker

Join our weekly newsletter. Practical money guides, no fluff. Unsubscribe anytime.