Tag Archive for: inflation

Trump Promises ‘Largest Tax Refund Season Of All Time.’ What You Can Expect

Citing changes enacted for the 2025 tax year under his 'Big Beautiful Bill', President Trump says next spring is projected to be the largest tax refund season of all time, However, experts caution that refund amounts will vary based on how much tax individuals paid in 2025 and which provisions of the new law apply to their personal situations.

Survey: 44% of Americans Believe Their Finances Will Improve In 2025, An Increase Ffrom Previous Years

There’s at least one clear reason for 2025 financial optimism: Fewer Americans think inflation will impact them. Regardless of what’s anticipated, financial experts recommend “future-proofing” your finances, and the New Year is a great opportunity to get ahead.

What Does The SSI Savings Penalty Elimination Act Propose?

The goal of SSI is to support people with disabilities, but as it stands, the program traps many in poverty by penalizing saving and marriage. This is where the SSI Savings Penalty Elimination Act comes in. The bipartisan bill aims to fix the situation by increasing the asset limit for individuals and for married couples.

4 Steps To Take With Investments If Fed Cuts Rates, According To Financial Planners

Investors tend to respond emotionally to significant market fluctuations, which can jeopardize long-term growth, particularly in retirement savings. With the Fed expected to cut interest rates to reduce inflation, financial planners weigh in what investors should do.

Biden Tax Increases Won’t Hit Middle Class, Treasury Secretary Yellen Says

Republicans just pressed the Treasury Secretary on President Biden’s tax proposals and the fate of the Trump tax cuts that will expire in 2025. Lawmakers are girding for a legislative battle over which ones — if any — will be extended next year.
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Americans Save More In HSAs, Fidelity Reports HSA Assets Exceed $16 Billion

HSAs can help people cover healthcare costs and avoid other harmful financial decisions while enjoying tax breaks. While some employers offer HSAs as part of their benefits options, consumers can also open these through most banks or investment management firms.