Senior tax debt can feel like a heavy burden, especially when you're on a fixed income. Fortunately, the IRS offers several ways to reduce or even eliminate what you owe. Here is how seniors can use ...

My husband and I, who are retired, have accumulated about $7,000 in credit card debt over the past few years, paying for medical bills and basic necessities, and need some help paying it off. What can ...

An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

There is not a single federal debt forgiveness program for older adults. However, options such as debt management plans, credit counseling, and debt consolidation loans are available. Debt forgiveness ...

The average person retiring this year can expect to spend an average of $172,500 on medical care throughout retirement. Unaffordable medical bills can lead to stress, depression, and other illnesses.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...