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Americans Fear Running Out of Money More Than Death, with Two-Thirds Concerned About Retirement Savings

DavidOctober 29, 2025

Recent surveys reveal a striking shift in American financial anxieties: a majority of individuals now fear running out of money more than facing death. According to a new poll conducted by the Pew Research Center, nearly two-thirds of Americans express heightened concern about their retirement savings and long-term financial security, surpassing fears traditionally associated with...

Sixty-Seven No Longer Considered Full Retirement Age as Social Security Announces New Retirement Guidelines in the United States

DavidOctober 29, 2025

In a significant shift for American workers and retirees, the Social Security Administration (SSA) has announced that the age previously considered as the “full retirement age” (FRA) will no longer be set at 67 for new beneficiaries. This adjustment marks a departure from longstanding guidelines, prompting many to reassess their retirement planning strategies. The change...

Eligible for Refund? Claim Up to $1,700 Back with the Child Tax Credit Windfall

DavidOctober 29, 2025

The Child Tax Credit (CTC) has become a focal point for many families seeking financial relief during challenging economic times. Recent updates to the program have expanded eligibility and increased potential refunds, with some families qualifying for up to $1,700 per child. This windfall aims to provide substantial support to low and middle-income households, helping...

Finding the Ideal Side Hustle: You Only Receive a 1099-K if Payments Exceed $20,000

DavidOctober 29, 2025

For many Americans exploring additional income sources, understanding when and how the IRS reports side hustle earnings can be a key step in managing finances and tax obligations. A common question is: when do you receive a Form 1099-K? The answer hinges on specific payment thresholds, with the IRS generally issuing this form to individuals...

Married Seniors Can Reduce Taxable Income by Up to $12,000 with New Deduction

DavidOctober 29, 2025

Retired Americans and senior couples may soon find relief from rising tax burdens thanks to a new deduction designed specifically for married seniors. The updated tax law allows eligible seniors to reduce their taxable income by as much as $12,000, potentially saving thousands on their annual tax bills. This development aims to ease the financial...

Consumer Costs Surge as 3.1% Core CPI Erodes $49 Social Security Increase

DavidOctober 29, 2025

The recent release of the Consumer Price Index (CPI) data reveals a 3.1% increase in the core CPI, a key measure of inflation that excludes volatile food and energy prices. This uptick has significant implications for U.S. consumers, particularly those relying on Social Security benefits. Despite the Social Security Administration’s announcement of a $49 monthly...

Social Security to Issue Two SSI Payments in October

DavidOctober 29, 2025

Recipients of Supplemental Security Income (SSI) benefits should prepare for a unique financial occurrence this October, as the Social Security Administration (SSA) plans to issue two SSI payments during the month. Typically, beneficiaries receive a single payment each month, but due to calendar adjustments and administrative scheduling, October will see an extra disbursement, providing some...

Canada Announces Updated Driving License Regulations for Seniors Over 70 Beginning October 2025

DavidOctober 29, 2025

Starting October 2025, Canadian seniors aged over 70 will face new requirements for renewing their driver’s licenses. The federal and provincial governments have announced comprehensive updates aimed at enhancing road safety and ensuring drivers’ fitness. Under the revised regulations, seniors will undergo more frequent medical assessments, mandatory vision tests, and increased driving evaluations before their...

Government Shutdown Begins: Comprehensive Agency-by-Agency Breakdown of Essential Services, Including Social Security, IRS, Defense, and TSA—Who’s Operating and Who’s Not

DavidOctober 29, 2025

The United States government has entered a shutdown phase as congressional negotiations over funding bills reach an impasse. This development affects a broad spectrum of federal agencies and services, with some operations halting entirely while others continue to function under essential or statutory authorities. As of now, agencies such as the Social Security Administration, the...

Top 1% of Americans to Gain Up to $5,000 in Net Income from Recent Tax Reforms

DavidOctober 29, 2025

Recent changes to the U.S. tax code are poised to deliver notable financial benefits to the nation’s wealthiest taxpayers, with the top 1% potentially seeing a net income increase of up to $5,000 this tax season. These reforms, enacted through the latest legislative package, focus on adjustments to income brackets, deductions, and credits that disproportionately...

Fact-Check: Alaska PFD Set at $1,702 for 2024 and Confirmed at $1,000 for 2025 — Find Out Your Payment Date

UK Banks Announce New Pension Withdrawal Limits Starting September 27, 2025

California and New York Approaching $16.50 Hourly Minimum Wage Targets

U.S. Implements New Driving License Requirements for Seniors Starting October 2025—Key Updates for Drivers Aged 70 and Older

Tipped Workers Eligible for New Tax Deduction of Up to $25,000 on Reported Tips Beginning in 2025

Americans Now Believe a $1.7 Million Nest Egg Is Needed for a Comfortable Retirement

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Americans Fear Running Out of Money More Than Death, with Two-Thirds Concerned About Retirement Savings

Sixty-Seven No Longer Considered Full Retirement Age as Social Security Announces New Retirement Guidelines in the United States

Eligible for Refund? Claim Up to $1,700 Back with the Child Tax Credit Windfall

Finding the Ideal Side Hustle: You Only Receive a 1099-K if Payments Exceed $20,000

Married Seniors Can Reduce Taxable Income by Up to $12,000 with New Deduction

Consumer Costs Surge as 3.1% Core CPI Erodes $49 Social Security Increase

Social Security to Issue Two SSI Payments in October

Canada Announces Updated Driving License Regulations for Seniors Over 70 Beginning October 2025

Government Shutdown Begins: Comprehensive Agency-by-Agency Breakdown of Essential Services, Including Social Security, IRS, Defense, and TSA—Who’s Operating and Who’s Not

Top 1% of Americans to Gain Up to $5,000 in Net Income from Recent Tax Reforms

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Fact-Check: Alaska PFD Set at $1,702 for 2024 and Confirmed at $1,000 for 2025 — Find Out Your Payment Date

UK Banks Announce New Pension Withdrawal Limits Starting September 27, 2025

California and New York Approaching $16.50 Hourly Minimum Wage Targets

U.S. Implements New Driving License Requirements for Seniors Starting October 2025—Key Updates for Drivers Aged 70 and Older

Tipped Workers Eligible for New Tax Deduction of Up to $25,000 on Reported Tips Beginning in 2025

Americans Now Believe a $1.7 Million Nest Egg Is Needed for a Comfortable Retirement

California and New York Approaching $16.50 Hourly Minimum Wage Targets

U.S. Implements New Driving License Requirements for Seniors Starting October 2025—Key Updates for Drivers Aged 70 and Older

Tipped Workers Eligible for New Tax Deduction of Up to $25,000 on Reported Tips Beginning in 2025

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Fact-Check: Alaska PFD Set at $1,702 for 2024 and Confirmed at $1,000 for 2025 — Find Out Your Payment Date

UK Banks Announce New Pension Withdrawal Limits Starting September 27, 2025

California and New York Approaching $16.50 Hourly Minimum Wage Targets

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