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Retired Americans Receive Lump Sum Payments of Up to Thousands After WEP and GPO Repeal—Check if You’re Eligible for Retroactive Payouts of 3.2 Million
Retired Americans who were affected by the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) may soon see significant financial relief through recent legislative changes that repeal these provisions. Eligible individuals…
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Official Announcement: Social Security Benefits Will Increase by at Least $49 Monthly in 2025
Social Security beneficiaries can expect to see a guaranteed increase in their monthly benefits starting in 2025, with the Social Security Administration (SSA) announcing a minimum boost of $49 per month. This…
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The Ideal Threshold for Side Hustle Payments: No 1099-K Unless Earnings Surpass $20,000
Recent modifications to IRS reporting thresholds are prompting many side hustle entrepreneurs to reconsider how they manage earnings and tax compliance. Under the current guidelines, the IRS generally requires third-party payment processors…
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Green Energy Credits Expiring in 2025: What Homeowners Need to Know About Future Tax Benefits
Homeowners investing in green energy solutions should be aware that several federal tax credits and incentives are set to expire at the end of 2024, with many of these programs scheduled for…
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The 17 Trillion Dollar Question: Economists Clash Over Trump’s Estimated Global Investment Figures
Amid mounting debate, economists are divided over the accuracy and implications of former President Donald Trump’s claimed $17 trillion in global investments. Trump’s assertions suggest a substantial footprint across international markets, yet…
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Consumer Costs Rise as Core CPI Hits 3.1%, Erasing Your $49 Social Security Increase
U.S. consumers are feeling the pinch as recent economic data reveals that the Core Consumer Price Index (CPI) has increased to 3.1% in the latest report, a level not seen in over…
Recent Posts
- Retirement Savings Crisis: The “Financial Vortex” Leaves 42% of Younger Workers with No Spare Cash
- Millionaires Face Higher Social Security Tax: Maximum Earnings Subject to Tax Rise to Three Hundred Thousand Dollars
- Medicare Premium Hike: Ten Dollars and Thirty Cents of Your COLA Will Be Consumed by Increased Part B Costs
- WEP/GPO Ended: Teachers and Firefighters Receive Monthly Pension Increases of Up to $500
- Married Retirees Celebrate as Social Security Benefits for Couples Increase to $3,089 Monthly