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The White House’s annual report to Congress was released July 1, listing the names, titles and salaries of 474 members working for President Biden. According to NJ.com, 24 White House staff members earn the top salary of $180,000 per year, but two members are paid even more. By Josephine Nesbit See: 10 States That Receive the Most Social Security Find: How Rich Is Former President Donald Trump? Francis Collins, former director of the National Institutes of Health and now serving as acting science adviser to the president, earns $300,000....

Walmart accepts EBT card purchases at all locations that sell food and grocery items. Your EBT card can be used the same way you would use your debit card, and EBT cardholders in 48 states can also pay for Walmart delivery and pickup orders online. Keep reading to learn more. By Josephine Nesbit SNAP Benefits: How Long Do They Last?See: 3 Easy Tips To Turn Your Credit Woes Into Wows...

Swedish electric vehicle company Polestar — founded by Volvo and Zhejiang Geely Holding — announced Hertz will buy 65,000 of its electric vehicles (EVs) over five years. Availability is expected to begin in Spring 2022 in Europe and late 2022 in North America and Australia, the company said in a press release. By Yaёl Bizouati-Kennedy Discover: 7 Financial Habits That Improve Your Daily LifeMore: What Income Level Is Considered Middle Class in Your State?...

There are moments where taking a voluntary pay cut can make you richer, including creating the ability to enter a new field or industry or make a lateral move where you have the opportunity to gain new skills or knowledge. If you are considering taking a voluntary pay cut, here’s what you should know about how a lower pay grade may impact your financial future and how you can prepare....

For the most part, Glassdoor is a wealth of information for jobseekers about potential employers. The site has more than 115 million reviews and insights for more than 2.3 million companies, and according to its data, about 75% of users read at least four reviews before deciding what they think about a company. By Cynthia Measom However, not every review and insight on Glassdoor is authentic. Holiday Spending: Get Top Holiday Shopping and Savings TipsTake a Look Back: 2022 Year in Review...

Owned by Meta, WhatsApp is a popular messaging tool worldwide with over two billion users. It was the second-most downloaded app behind Facebook in 2021. As with all popular platforms and apps, there is danger lurking in the form of fraudsters and thieves. By Cynthia Bowman Loved One in Need Verification Scam WhatsApp Gold Coupon Scams Message Settings Privacy See: 3 Easy Tips to Turn Your Credit Woes into Wows...

Lumber companies probably don’t want to hear it, but the recent decline in lumber prices might actually be a sign that the U.S. economy is moving in the right direction. That’s the take from various financial, government and economic experts amid a continuing drop in the price of lumber and lumber futures. By Vance Cariaga Learn: Consumer Prices Increased Again in June, Accelerating InflationDiscover: Should You Update Homeowners Insurance Coverage as Prices of Lumber and Steel Skyrocket?...

When McDonald’s on Monday announced a Farewell Tour for its iconic McRib sandwich — the tangy, sauce-drenched meat/pickles/onion concoction that debuted in 1980 — you could almost hear the whimpers from millions of devoted fans. What you might not have heard were the whimpers from stock market investors who have found a correlation between the appearance of the McRib and a rise in the S&P 500. By Vance Cariaga Here It Is: Our 2022 Small Business SpotlightSee Our List: 100 Most Influential Money Experts...

The Omicron variant is wreaking havoc on the airline industry, as thousands of flights continue to be canceled partly due to staff and crew testing positive, in the midst of the busiest time of the year for air travel, leaving travelers stranded. By Yaёl Bizouati-Kennedy See: Omicron Update: Back to Office Plans Upended by COVID Variant Outbreak Find: 3 Reasons the Omicron Variant Could Negatively Affect the Housing Market There were 16,019 delayed flights and 3,275 canceled flights globally, with 1,517 of these being flights canceled within, into or out of the U....

What Is Postmates? Postmates is a delivery service that was recently acquired by Uber, although it still maintains its own branding. As a result of the acquisition, when you click on the “Sign up to deliver” link on the Postmates website, you will be redirected to the sign-up page for Uber Eats. By Katy Hebebrand About Postmates What It’s Best For How Much Drivers Make Maximizing Earnings Competitors Flexibility 5.0...

Despite attraction and retention incentives or pay increases, the labor market continues to be tight, as the number of job openings was little changed at 11.3 million in February, according to the Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) report that came out on March 29. By Yaёl Bizouati-Kennedy See: 22 Side Gigs That Can Make You Richer Than a Full-Time Job Find: 10 Signs You Need a New Job ASAP...

The U.S. House’s approval of Secure Act 2.0 should benefit all retirees if the bill gets signed into law, but it could give a particular lift to women, who were disproportionately impacted by the COVID-19 pandemic. By Vance Cariaga Discover: 15 Worst States To Live on Just a Social Security Check More: 27 Ugly Truths About Retirement The bill — full name: the Securing a Strong Retirement Act — passed the House in late March by a vote of 414-5 and must now be approved by the Senate, CNBC reported....

Attempting to ease the worst inflation in 40 years, the Federal Reserve raised its benchmark rate on June 15, its first three-quarter-point increase since 1994. It also raised concerns of investors wondering if they should sell off depreciating stocks and make wholesale changes to their portfolios. By David Nadelle See: Experts Share Where To Focus Investments During High InflationDiscover: How Bear Market Can Benefit Investing Newbies For certain, the economic picture of 2022 has been a lousy one, filled with sky-high inflation and consumer prices not seen in decades....

With the news surrounding new COLA increases to monthly social security benefit checks, the remaining payments for the start of the year can be a bit confusing. By Georgina Tzanetos See: Social Security: How To Boost Your Benefit by $800 Find: 10 Reasons You Should Claim Social Security Early Social Security recipients will see larger checks starting January 2022 as a result of a 5.9% increase from the new cost of living adjustment....

According to a new report by the Center on Budget and Policy Priorities, 91% of families with incomes less than $35,000 are using their monthly child tax credit payments for the most basic of necessities, like food, clothing, shelter and utilities, or for education. What’s more, this represents families in every state and the District of Columbia. By Georgina Tzanetos See: Child Tax Credit in Danger? Planned Payments Could Be Reduced by 4 Years if Budget Battle Divides DemocratsFind: How to Refinance a Mortgage...

The 2022 news cycle was dominated by student loan headlines. Anxious borrowers kept up, or worked hard to keep up, with updates and changes in messaging as news was announced on a near-daily basis. Here’s a summary of the major changes that happened this year with student loans. By Heather Taylor The US Department of Education Approved $415 Million in Borrower Defense Claims On Feb. 16, 2022, the U.S. Department of Education announced the approval of $415 million in borrower defense claims....

The April 18 tax deadline is quickly approaching, and the IRS has received more than one-third of all individual tax returns it expects for 2022. By Josephine Nesbit See: Major Tax Changes for 2022 You Need To KnowFind: What is ‘Tax Topic 152’ and Does it Affect Your Tax Refund? According to the IRS, the average tax return as of March 4 was $3,401. This is up $411 — or 13....

Despite the financial hardships brought on by the pandemic followed by a period of inflation, many Americans are saving more for retirement than in previous years. Vanguard’s How America Saves report, which analyzes the habits of its nearly 5 million retirement savers, found that in 2021, the average total contribution rate — which includes participant and employer contributions — reached 11.2%, with a median contribution rate of 10.4%. That’s up from 10....

Social Security Administration field offices are scheduled to reopen in early April after being closed since 2020 due to the COVID-19 pandemic, and the agency is expecting a rush of visitors. This is welcome news to those who prefer in-person service, but it could create potential problems early on as the SSA returns to services it hasn’t provided in a year and a half. By Vance Cariaga See: 5 Social Security Benefits You Can Claim OnlineFind: Social Security Benefits — How Long Does It Take To Get Approved?...

By Andrew Lisa Find Out: Is a ‘Great Resignation’ Coming When Workers Go Back to the Office? Read: 5 Alternatives To Quitting in the Post-Pandemic Great Resignation More From Your Money: Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today. Workers Have Reevaluated the Concept of ‘Benefits’ — Employer Must, Too Before 2020, employee benefits were viewed as icing on the salary cake — extra add-ons to attract and retain the best employees....