A $6,000 tax break for seniors just passed under Trump’s big bill — but not everyone will get a cut. Here’s how much money you’ll save at every income level
Donald Trump’s big sweeping spending bill included a sweetener for many seniors across America. Starting this year, individuals over the age of 65 can claim $6,000 as a tax deduction in their next filing, according to the Internal Revenue Service. Those who file joint returns can claim this amount individually, which means a married couple […]
Tony Robbins issues dire warning about retirement — calls on Americans to get ‘head out of the sand’ and says Social Security isn’t enough. Here’s the ‘ultimate power’ you need now
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. America’s Social Security program is both popular and woefully underfunded. Experts have been warning that the social safety net millions of Americans rely on is on the verge of […]
Florida’s mobile home communities, once an ‘affordable’ refuge, now charge up to $1,000/month in fees — but these residents have found a way to take control
Finding affordable housing in Florida has become increasingly difficult, even in mobile home parks, which were once considered a low-cost option. While apartment rents remain high, some mobile home residents now pay nearly $1,000 a month just to rent a lot. But in Fruitland Park, a community about an hour outside of Orlando, one mobile […]
From emergency savings to dream vacations to lifestyle inflating: 15 things you should — and shouldn’t do — in a recession
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. When the economy takes a hit, unfortunately, so does your wallet. While the standard advice to save diligently, invest in your 401(k) and avoid unnecessary spending still applies, a […]
I’m 57 years old and recently divorced. I walked away from my marriage with just $18K in retirement savings — with only about 10 years to catch up, how do I secure my suddenly solo future?
Divorce isn’t just a young person’s game. For some, love is fleeting and can evaporate quickly. In other cases, it’s a bond that can last for decades until it’s worn down or suddenly broken. Kathryn, 57, finds herself single after nearly 30 years of marriage. Her ex was the breadwinner of the household, and she […]
‘Deny and delay’: This Georgia roofer is out $12,000 after State Farm approved a homeowner’s claim to fix his roof — then refused to pay out in full. What to do if it happens to you
When Cumming, Georgia, homeowner Venkat Garikapati’s roof sustained heavy wind damage in 2021, he filed a claim with his home insurance company, State Farm, to have it fixed. However, State Farm only approved the replacement of 38 shingles and estimated the cost at $1,422.15 — less than Garikapati’s $2,500 deductible — and closed the claim […]
Toronto senior nearly evicted after a Service Canada error left her without vital Old Age Security
Toronto senior Debbie Westfall applied for government support through the Old Age Security (OAS) program months before she turned 65. She knew she would rely on it. But after Service Canada allegedly entered in the wrong year on her file, Westfall was left without funds for months and nearly faced eviction. Westfall and her case […]
‘I was misinformed’: Washington State man just found out he owes the IRS $140,000 after withdrawing funds from his 401(k) to buy a house — how The Ramsey Show hosts advise he tackle it ASAP
Marty from Spokane, Washington, thought he was taking a smart step toward debt-free homeownership. But pulling $400,000 from his 401(k) to buy a house left him with a staggering $140,000 tax bill. “I just recently found out that when I go to file my taxes, I am going to owe roughly $140,000,” he said, calling […]
This 1 part of Florida is emerging as America’s ‘epicenter of housing weakness’ — expert warns of ‘really long’ bubble deflation. Will it spread to the rest of the US?
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Bubbles don’t always burst — sometimes they deflate. But the process can still be painful, as some Florida home sellers are now discovering. According to a Bloomberg analysis of […]
‘We call it the stealthy wealthy’: These millionaires didn’t work on Wall Street — they built fortunes filling everyday needs. Here’s what you can learn from them
Some of the country’s top earners are building quiet empires — not on Wall Street or in Silicon Valley, but in ordinary places. “We call it the stealthy wealthy,” Owen Zidar, a Princeton economist who has studied the group with University of Chicago economist Eric Zwick, told The Wall Street Journal. Don’t miss I’m 49 […]