Personal

The recent enactment of the Social Security Fairness Act is signaling significant changes in the landscape of social security benefits for more than 3.2 million Americans. Signed into law on January 5 by President Joe Biden, this legislation is poised to correct some long-standing injustices in the Social Security system by offering retroactive payments and
0 Comments
As negotiations in Washington, D.C. escalate over government spending, Social Security—notably a cornerstone of financial security for millions of Americans—is anxiously glancing over its shoulder. With a looming funding deadline of March 14, Congress stands at a critical juncture where fiscal responsibility could come at the expense of vital social safety nets. Recent discussions suggest
0 Comments
Retirement planning can often feel like navigating a complex maze, particularly for low- to moderate-income Americans. Among the most overlooked pathways in that maze is the retirement savings contributions credit, commonly referred to as the saver’s credit. This financial incentive is designed to encourage saving for retirement, yet many eligible individuals remain unaware of its
0 Comments
Tax season can be a source of anxiety for many Americans, especially with the consequences of procrastination looming large. As the filing deadline approaches, the importance of timely submissions cannot be overstated. Not only does filing early ensure a quicker turnaround for refunds, but it also serves as a critical defense against the rising threat
0 Comments
The ongoing transformation of the Federal Deposit Insurance Corporation (FDIC) has materialized through significant staffing cuts, a decision supported by President Donald Trump’s administration. The decision to lay off employees, especially in a watchdog agency like the FDIC, raises essential questions regarding the institution’s strength and ability to safeguard the interests of the American public.
0 Comments
The landscape of real estate ownership in the United States is shifting. As home equity levels increase, a growing number of homeowners are faced with potential capital gains tax ramifications when they choose to sell their properties. This financial reality leads to the need for homeowners to arm themselves with knowledge about tax strategies that
0 Comments