The Federal Reserve's unprecedented efforts to support the U.S economy during the COVID-19 pandemic include a commitment by the Federal Open Market Committee (FOMC) to purchase Treasury securities and agency mortgage-backed securities "in the amounts needed to support smooth market functioning and effective transmission of monetary policy."

You have decided you need life insurance coverage and are considering buying a term policy. But you ask your financial professional, "Do I get any of my money back at the end of the term?"

During the 2019-2020 academic year, U.S. colleges and universities conferred an estimated...

The health and economic crisis created by the coronavirus (COVID-19) pandemic will have a long-lasting impact on how we all will travel going forward. And though it may be difficult to think about planning a trip during these uncertain times, here are some things to consider if you do decide to travel.

In 26 states (and Puerto Rico), laws generally hold children financially responsible for certain debts of their parents. These laws are referred to as filial responsibility laws (or filial support or filial piety laws).

The 2020-2021 academic year is right around the corner, and the coronavirus pandemic has upended the college world, like everything else.

Because of a long-term rise in the employment rate for women of all ages

Americans use debit cards more often than credit cards, but they tend to use credit cards for higher-dollar transactions. The average value of a debit-card transaction in 2018 was just $36, while credit-card transactions averaged $89.

Dramatic market turbulence has been common in 2020, and you can't help but hear about the frequent ups and downs of the Dow Jones Industrial Average or the S&P 500 index. The performance of these major indexes is widely reported and analyzed in detail by financial news outlets around the nation.

As the number of COVID-19 cases began to skyrocket in March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

More than 79 million foreign tourists visited the United States in 2019, adding $254 billion to the U.S. economy.

It's never too soon to start teaching children about money.

The Roth "five-year rule" typically refers to when you can take tax-free distributions of earnings from your Roth IRA, Roth 401(k), or other work-based Roth account.

The first part of 2020 was rocky, but there should be better days ahead. Taking a close look at your finances may give you the foundation you need to begin moving forward.

Happy Memorial Day from Oak Tree Financial Services.

Recent college graduates aren't the only ones carrying student loan debt.

Your ability to earn an income may be your most valuable asset.

Wills and trusts are common documents used in estate planning. While each can help in the distribution of assets at death, there are important differences between the two.

This lady is putting on a brave face, but her private thoughts are a little more stressed-out—and amusing.

By now you know that Congress has passed a $2 trillion relief bill to help keep individuals and businesses afloat during these difficult times.

The U.S. population was 328,239,523 in 2019, an increase of 0.5% over 2018.

Americans owe more than $1.7 trillion in student debt.

Current available delivery services and other helpful resources to help prepare for the COVID-19 virus (also known as novel coronavirus).

The rules for tax records apply to other records you use for deductions on your return...

Social Security is much more than a retirement program.

After losing ground in 2018, U.S. stocks had a banner year in 2019, with the S&P 500 gaining almost 29% — the highest annual increase since 2013.

About 72% of taxpayers received a refund in 2018 and 2019.