Recent Posts
New Tax Break Could Give Seniors Up To $6,000 More In DeductionsJune 23, 2025 - 9:43 pmAmericans who are 65 and older will enjoy a hefty new tax break if the massive tax package currently being debated in Congress becomes law,
Goodbye To Retirement At 65: Social Security Sets New Retirement Age From 2026June 16, 2025 - 8:08 pmThe upcoming changes to Social Security are part of a long-term reform plan first introduced in 1983 to help ensure the financial stability of the program. One of the most important updates is the increase in the Full Retirement Age (FRA).
Seniors May Soon Get A Larger Income Tax DeductionJune 9, 2025 - 6:09 pmThis proposed benefit, dubbed the “senior bonus,” is part of the One Big Beautiful Bill Act, which was passed by the House in late May. Its goal is to help ease financial strain on retirees—particularly those with moderate incomes.
Eight HSA Changes In The ‘One Big Beautiful Bill’ Could Benefit Retirement SaversJune 2, 2025 - 7:04 pmHSAs are getting a glow-up in the pending tax bill. Those 55+ and workers enrolled in Medicare Part A have more opportunity to save for medical costs in retirement.
What To Know About Trump’s ‘No Tax On Tips’ Pledge In The GOP Budget BillMay 27, 2025 - 7:50 pmThe proposal has gained bipartisan support from lawmakers, the public, and business groups, especially those in the service industry. However, critics argue it could cost the government billions while offering limited benefits to low-income workers.
Five Expiring Tax Breaks That Trump’s New Bill Would Extend — If Not IncreaseMay 19, 2025 - 9:31 pmHouse Republicans recently introduced a draft bill on May 12, nicknamed “The One, Big, Beautiful Bill,” aimed at renewing and enhancing several provisions from the 2017 Tax Cuts and Jobs Act. Here are five key tax breaks that could stick around — and get a boost — under the new legislation:
IRS Issues New Warning For Taxpayers To Avoid Losing Money, Personal DataMay 12, 2025 - 8:50 pmIn a just-released statement, the IRS emphasized that scammers operate not only during tax season but year-round. These bad actors often impersonate the IRS and use fear tactics or misinformation to pressure people into revealing personal, financial, or employment details.
IRS Announces 2026 Health Savings Accounts Contribution Limits — What Investors Should KnowMay 5, 2025 - 8:56 pmThe IRS just unveiled 2026 contribution limits for HSAs, which offer triple-tax benefits for medical expenses.
7 Experts’ Favorite Tools For Managing Their Money
Money experts have their own methods for staying on top of budgets and credit — proof that multiple approaches can be similarly effective. Here is insight into how personal finance experts manage money. CLICK ON THE HEADLINE FOR MORE
5 Bad Financial Habits That Could Hurt You Down the Line
There are many other financial habits that are not quite so obvious, but can wreak havoc over your finances as time passes. CLICK ON THE HEADLINE FOR MORE
In Love? 9 Financial Facts To Know About Your Partner Before Commitment
While it may not sound all that romantic, becoming more serious about someone does have financial implications. CLICK ON THE HEADLINE FOR MORE