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By Gary Dudak The Big Lead: Stimulus Update A new report that could lead to major tax ramifications states that the IRS issued more than 1.2 million economic payments, totaling a whopping $1.9 billion, to potentially ineligible people. Additionally, the report found that up to 644,705 eligible people did not receive stimulus payments. Read the full story here More From Your Money: Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today....

Homebuyers will need to arm themselves with a little more patience, as the housing market — in terms of inventory and the share of purchases made by first-time buyers — is expected to return to pre-pandemic levels by 2024, according to a Zillow Home Price Expectations Survey of housing market experts and economists. By Yaёl Bizouati-Kennedy See: The Best and Worst Things To Buy Generic Find: 8 Best Cryptocurrencies To Invest In for 2022...

Like any retailer, Target saw some changes in their business due to inflation. The value of the retailer’s stock is decreasing, and their third-quarter earnings were disappointing. By Sam DiSalvo Take a Look Back: 2022 Year in ReviewLearn: 5 Things You Must Do When Your Savings Reach $50,000 Target is considered a store for higher-income shoppers than say Walmart, for example, so in the wake of inflation, many shoppers switched from Target to Walmart for their needs....

Your credit report is essential to your personal financial stability. If you have a strong credit score, you’ll enjoy access to more borrowing opportunities with lower costs. That’s why it’s so important to protect yourself from con artists who steal identities and open loans in other people’s names. By Joshua Rodriguez What Is a Credit Freeze How To Request How To Unfreeze Reasons To Freeze Your Credit Read: If Your Credit Score is Under 740, Make These 4 Moves Now...

The U.S. added 528,000 jobs in July, largely beating estimates, and unemployment was at 3.5%, the Bureau of Labor Statistics (BLS) reported last week. The blowout report is reigniting several economists’ views that the Federal Reserve might move more aggressively at its next meeting in September. By Yaёl Bizouati-Kennedy Here It Is: Our 2022 Small Business SpotlightRead More: 7 Surprisingly Easy Ways To Reach Retirement Goals “The unemployment rate also dropped to 3....

Reviewing Masterworks’ strengths and weaknesses is a good way to get a feel for the platform. By Gabrielle Olya What Is Masterworks? How It Works How Masterworks Earned Its Scores Masterworks vs. Competitors Final Take Accessibility 3.0 Quality of Investments 4.5 Customer Service 3.5 Tools 4.5 What Is Masterworks? Masterworks is the first investment platform dedicated to art investing. It allows everyday investors to own a share of iconic works of art by the likes of Pablo Picasso, Banksy, Andy Warhol and more....

Meghan Markle, better known as Meghan, Duchess of Sussex, is the American-born wife of Prince Henry. She is a prolific philanthropist and humanitarian who was a successful actor in the hit series “Suits” for seven seasons and blogger for her own lifestyle and fashion blog The Tig before her marriage — and prior to crossing back over the pond to make some new adventures for herself and her family. By Michelle Tompkins See: How Rich Are Harry And Meghan?...

It has been a spooky October for the U.S. housing market, with mortgage rates hitting a 21-year high and home sales decelerating. The prognosis for 2023 is similarly eerie, as industry experts warn of a continued slump heading into the new year. By Vance Cariaga See: Average American Renters Can’t Afford Starter Homes — Where You Can and More Ways To Up Your ChancesFind: Should You Still Buy a Home in Today’s Market?...

Employees are about to see a little more in their paychecks in 2022, according to the latest Conference Board Salary Increase Budget Survey. Employers have said they plan to increase the budget for raises by 3.9% next year, the largest increase since 2008. By Dawn Allcot Minimum wage rate hikes for hourly workers in many states in 2021 contributed, in part, to the budget increase. And there’s still discussion of a federal minimum wage rate increase....

Federal Reserve Chairman Jerome Powell said it will be “appropriate” to raise the target range for the federal funds rate at the central bank’s meeting later this month. He also addressed Russia’s attack on Ukraine, saying that while the conflict is causing tremendous hardship for the Ukrainian people, “the implications for the U.S. economy are highly uncertain, and we will be monitoring the situation closely,” according to prepared remarks for his testimony before the House Committee on Financial Services....

In today’s economic climate, it may seem impossible to throw a holiday gathering without going into debt. By Jaime Catmull Holiday Spending: Get Top Holiday Shopping and Savings Tips Live Richer Podcast: Tips To Stay on Budget This Christmas Last year, the average millennial American spent $950 on the perfect holiday party, according to Lending Tree. With food prices up 13.5% and overall inflation up 8.5%, the price tag is even higher this year....

Just because you file for Social Security benefits doesn’t mean you have to stop working — or even should. Millions of beneficiaries work and collect Social Security benefits at the same time. The one thing to keep in mind is that your work income might reduce your monthly Social Security payment, depending on your age. By Vance Cariaga See: What Is the Average Social Security Benefit at 65?Discover: 5 Things You Must Do When Your Savings Reach $50,000...

For the majority of Medicare beneficiaries, the government will pay about 75% of the Part B premium, and the beneficiary will pay the remaining 25%. The standard Part B premium is $148.50 ($170.10 in 2022) per month — or higher depending on your income. Some people with higher incomes will be required to pay a higher monthly Part B premium. By Georgina Tzanetos See: Here’s How Much Waiting To Enroll in Medicare Part B Can Cost You Find: Claiming Social Security, SNAP and Medicare Is Now Easier Thanks to Executive Order — What’s Changing?...

Where do you expect to bump into your favorite billionaires and Hollywood superstars when you vacation this year? The British Virgin Islands, Bora Bora, Aspen? How about the French delights of Cote d’Azur? No, when it comes to exclusive destinations for the rich and famous — space is now the place. By David Nadelle See Our List: 100 Most Influential Money ExpertsStudent Loan Forgiveness: Mark These 4 Dates On Your Calendar Now...

An unprecedented wave of stimulus payments began going out to American consumers in early 2020 in response to the devastating effects of the coronavirus pandemic. Ultimately, three rounds of so-called “Economic Impact Payments” lasted all the way until March 2021. By John Csiszar After the federal government was done, some states got in on the act, providing their own benefit payments to state residents. Those programs mostly ended in 2022, although a few lingering payments may still be available....

Californians were sent the last round of stimulus checks this week, concluding a program that has provided billions of dollars of relief to eligible households in the Golden State. By Vance Cariaga See: 6 Top Tips for How To Turn $1,000 Into $10,000Find: 5 Alternative Ways To Build Your Wealth in 2022 The final batch of $600 payments were sent out on Tuesday, Jan. 11. This round, which began in late December, included about 180,000 payments valued at roughly $127 million, according to the California Franchise Tax Board....

What Users Can Expect Online market research community Points earned for taking surveys or other tasks Redemption options include cash or gift cards Two options for participation: SJ Opinion and SJ Pulse About Survey Junkie Survey Junkie is an online market research community that rewards points to members for taking surveys, browsing the web and completing profile questionnaires. Points can be redeemed for cash or e-gift cards. By Andrea Norris Overview...

Taxpayers who would normally be scrambling to get their returns finished by Tax Day have a little more breathing room again this year. Although the deadline hasn’t been extended, it is three days later than usual — on April 18, as opposed to April 15. April 15 falls on a Friday, so taxpayers have until the following Monday to file their return. By Andrew Lisa Check Out: 9 Bills You Should Never Put on AutopayRead: What Income Level Is Considered Middle Class in Your State?...

Tesla shares have been down since CEO Elon Musk won the $44 billion Twitter deal, dropping 12% on April 26. The drop reflects investors’ worries, partly due to Musk potentially overextending himself between his numerous companies. Year-to-date, the stock is down 27%, although it is up slightly in pre-market trading so far today. By Yaёl Bizouati-Kennedy Look: How To Get Rich With a Normal JobLearn: 27 Ugly Truths About Retirement...

When the Internal Revenue Service (IRS) announced it was boosting contribution limits for 401(k) and IRAs for 2023 back in October, it also revealed that income ranges for eligible taxpayers to claim the Retirement Savings Contributions Credit — more commonly known as the Saver’s Credit — would be raised, too. By David Nadelle See: 6 Shakeups to Social Security Expected in the New YearFind: 5 Things You Must Do When Your Savings Reach $50,000...