As President Joe Biden exits the election scene, all eyes are on Vice President Kamala Harris, who is now the frontrunner for the Democratic nomination. While Harris has not yet provided a detailed outline of her economic agenda, experts predict that her tax policy proposals may mirror Biden’s stance on higher taxes for the wealthy
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As Gen Xers start to hit age milestones that grant them penalty-free access to certain retirement funds, it is crucial for them to weigh the pros and cons of tapping into these accounts. With the eldest members of this generation turning 59 this year, they are now able to withdraw money from their IRAs and
As the world faces various challenges in today’s socioeconomic landscape, pop music continues to serve as a reflection of the collective sentiments and emotions of society. While data may suggest a positive economic outlook with expanding economies and low unemployment rates, recent hits in pop music paint a different picture. Artists like Taylor Swift and
As former President Donald Trump secures the Republican presidential nomination, both political parties are eyeing Project 2025, a multi-pronged policy plan created by conservative think tank The Heritage Foundation as a collective effort with more than 100 other right-leaning organizations. If enacted, the plan could overhaul the U.S. income tax system and revamp the IRS,
Recently, the Consumer Financial Protection Bureau (CFPB) proposed a new interpretive rule aimed at regulating paycheck advance programs. These programs, also known as earned wage access, have gained popularity among workers in recent years as an alternative way to access their paychecks before the actual payday. The proposal suggests that such programs should be classified
Recently, a federal appeals court issued an order temporarily halting the Biden administration from implementing its new student loan repayment plan, known as SAVE. The new plan, which was described as the most affordable student loan plan ever, has faced legal challenges right from the start. The St. Louis-based 8th U.S. Circuit Court of Appeals
The potential depletion of Social Security funds has been a pressing issue that remains unresolved. With the combined trust funds projected to last until 2035, the future of the program is uncertain. Both President Joe Biden and former President Donald Trump have vowed not to touch benefits, but questions remain about the sustainability of the
In recent years, workplace engagement has been on the rise, but current trends show that this growth has come to a standstill. According to a 2023 Gallup poll, only one-third of employees are actively engaged in their work, while roughly 50% are not engaged at all. Another 16% are actively disengaged, leading to a significant
In an effort to improve efficiency and reduce wait times, the Social Security Administration is rolling out updates to their online services. This means that if you have an existing “my Social Security” account created before September 18, 2021, it is crucial that you log in to make the necessary transition to a Login.gov account.
Rentvesting is a unique approach to real estate investment where individuals choose to rent their primary residence in one city while purchasing an investment property elsewhere. This allows them to generate income through renting out the investment property, whether on a short- or long-term basis. According to Danielle Hale, chief economist at Realtor.com, rentvesting can