Posts

In an effort to keep retirees from moving elsewhere, some lawmakers in Kansas aim to use a projected state budget surplus to ease income taxes on Social Security benefits. By Vance Cariaga Social Security: Why Not Everyone Will Get An 8.7% COLA Increase in 2023Explore: How Much Does a Person on Social Security Make? During a legislative hearing last week, state Sen. Caryn Tyson voiced support for removing state income tax on Social Security entirely, the Kansas Reflector reported....

Child care workers have been a godsend for many parents trying to navigate their way through the COVID-19 pandemic, and in Alabama those workers are being rewarded. By Vance Cariaga See: Stimulus Update: You May Be Owed Money – Here’s How to Find Out Find: The Effect of Stimulus and Increased Unemployment Payments on the Economy in 2022 More than 10,000 child care workers in Alabama received bonuses totaling $12.6 million following the first round of Child Care Workforce Stabilization grants from the Alabama Department of Human Resources (DHR), per the Alabama Political Reporter (APR)....

The Biden administration’s plan to forgive up to $20,000 in federal student debt per borrower has not gone well, to put it mildly. Legal battles continue to delay the loan forgiveness program from being implemented, and it’s no longer a certainty it will ever see the light of day. By Vance Cariaga See: Surprising Things You Can Buy With Food StampsFind: 10 Things To Stop Buying in 2023 This uncertainty has left many cash-strapped borrowers scrambling for other options....

Americans currently hold $1.7 trillion in student loan debt, according to the Education Data Initiative. Federal student loans account for $1.6 billion of that debt, with 42.8 million borrowers owing an average of $37,787 in federal student loans. By Gabrielle Olya Learn: States Whose Economies Are Failing vs. States Whose Economies Are Thriving Also See: What Is the Highest Income for Food Stamps in 2022? The Biden administration is currently battling injunctions against its debt relief program in the courts, so applications for the program are on pause....

Procrastinating taxpayers rejoiced when the IRS extended the filing deadline from April 15 to May 17. Even so, many still weren’t ready and had to request a filing extension. Plenty of others simply skipped that step and just never filed at all. By Andrew Lisa Either way, the extension deadline is Oct. 15 — and you don’t want to miss your chance to file again this time around. Did You Know: Here’s the Average IRS Tax Refund AmountFind Out: What To Do When You Can’t Pay Your Tax Bill...

The MVP of the 1987 NFL season, John Elway engineered 47 fourth-quarter comebacks during his 16-season Hall of Fame career. By Andrew Lisa John Elway: $145 Million Net Worth He threw for 51,475 yards and 300 touchdowns even. Elway is a veteran of nine Pro Bowls and he won two Super Bowls. He famously squandered an opportunity to make upwards of a half-billion dollars by buying into the Broncos, but he did just fine....

With Columbus Day coming up on Monday, Oct. 10, many Americans will need to take care of banking or government business ahead of time to avoid the unpleasant surprise of finding out that offices are closed on Monday. The list includes Social Security Administration offices, which will not be open for business on Columbus Day. By Vance Cariaga Social Security: Women Get $354 Per Month Less Than Men – Here’s WhyFind: What Is the Average Social Security Benefit at Age 62?...

It’s useful to know your checking account routing number, because you’ll need it to sign up for direct deposit, make payroll payments and send wire transfers. If you’re a Chase customer or are transferring money to a Chase account, refer to the chart below for a list of every Chase routing number. By Ryanne Mena Routing Numbers by State About Routing Numbers How To Find Yours International Wire Transfers Chase Routing Numbers by State Use the table below to find your state and ABA routing number for Chase....

Facebook had a not so good, very bad day yesterday, and it seems like things are not getting better. The social media site and its apps including WhatsApp and Instagram went down for six hours on Oct. 4. The technical issue followed whistleblower Frances Haugen’s “60 Minutes” appearance Sunday evening, who said during the interview that the platform has knowledge of its negative impacts and is not acting on them. She is testifying before Congress today at the subcommittee hearing “Protecting Kids Online: Testimony from a Facebook Whistleblower....

This past summer was a busy time for travelers, and airlines weren’t quite ready to meet the surge in demand. Due to several factors including staff shortages, the ongoing pandemic and severe weather, cancellations have become more common. By Nicole Spector Explore: Your Biggest Money Etiquette Questions AnsweredFind Out: This Credit Score Mistake Could Be Costing Millions of Americans Though the blame for this often falls on airlines, airports are not exempt from fault....

Adam Laxalt, 44, is an American lawyer, Naval officer and Republican politician currently running as a Senate candidate in Nevada. He’d previously won the Republican primary in June 2022 By Michelle Tompkins Explore: How Much is Sen. Ron Johnson Worth?More: How Much is Blake Masters Worth? During his campaign for a Senate seat, Laxalt hasn’t been as successful in achieving donations as his Democrat opponent, incumbent Senator Catherine Cortez Masto. But time will yet tell if this costs him the vote come November....

Gone are the days when you had to run to the bank or wade though a phone menu to do simple tasks like get your account balance and deposit, withdraw and transfer money. Banks provide these services and more online and through their apps, and they continually expand their offerings. By Kimberly Lankford “At this point, nearly everything you can do in person at a branch can be accomplished in the comfort of your own home,” said Timothy Day, vice president of digital experiences at Navy Federal Credit Union....

Bitcoin investors got another reminder of the cryptocurrency’s vulnerability this week, as its value tumbled to its lowest point in months after chaos in Kazakhstan shut down Bitcoin’s second-largest mining hub. By Vance Cariaga See: Will 2022 be the Year of a Spot Bitcoin ETF? Find: Bitcoin at $100,000? Crypto Could Steal Market Share from Gold, Analysts Argue Bitcoin’s price early Friday fell below $42,000 for the first time since late September, CNET reported, continuing a decline of more than 12% in the past seven days....

In 2021, the American Rescue Plan Act (ARP) expanded the Child Tax Credit (CTC) significantly for one year, making it the largest U.S. child tax credit ever and providing most working families with $3,000 per child under 18 years of age and $3,600 per child six and younger. By David Nadelle See: 5 Best Foods To Buy in Bulk at Costco This SpringFind: 10 Dollar Store Items That Aren’t Even Worth the Buck...

2020 was a record year for investment and cryptocurrency scams — with 26,500 cases reported to the government, resulting in a loss of $419 million — and 2021 is on pace to exceed those numbers, according to a new survey. By Yaёl Bizouati-Kennedy See: Elon Musk Impersonators Scam People Out of $2 Million in Crypto – Here’s How to Keep Your Money Safe Find: Moving Scams Are Up 91% From Last Year – Here’s How to Avoid One...

The stock market can inspire different reactions depending on who you ask. Some see it as the key to building wealth. Others remember the 2008 financial crisis or the dot-com bust of the early 2000s and want to avoid it. By Will Healy Whether it involves your individual retirement account, 401(k) or even if you participate in a pension plan, the success of all of these funds depends in no small measure on the stock market....

Inflation has been a pervasive topic in all forms of media for the past several months. The Department of Labor reported in February that inflation had reached 7.5%, which suggests inflation is at its highest since Jimmy Carter was in office. By Bob Haegele We are living through highly unusual times — even if the recent spike in inflation seems worse after coming out of a period of historically low inflation....

Former First Lady Melania Trump, 52, has been in the spotlight since she began dating her now husband, former President Donald Trump in 1998. Since her husband left office she has been relatively quiet other than recently joining forces with the other living former First Ladies to get a monument to women’s suffrage installed in Washington, D.C. By Jennifer Taylor See: How Rich Is Former President Donald Trump?Find Out: How Rich Is Ivanka Trump?...

As recession fears loom large, the stock market has already been in bear market territory for some time. The S&P 500, for instance, officially entered bear market territory on June 13, 2022. At that point, the index had declined 21% from its high at the end of 2021. By Bob Haegele See Our List: 100 Most Influential Money ExpertsSmall Business Spotlight 2022: Nominate Your Favorite Small Biz by July 25...

Ultimate Kronos Company, a human resources management company used by several big name brands, corporations and municipalities, was the victim of a ransomware attack on Dec.11. By Yaёl Bizouati-Kennedy See: The IRS Has Released Its Top Scams of 2021 — Here’s What To Watch Out ForFind: Hacked Crypto Exchange BitMart Promises To Use Its Own Funds To Compensate Affected Users “The ransomware incident is affecting the Kronos Private Cloud — the portion of our business where UKG Workforce Central, UKG TeleStaff, Healthcare Extensions and Banking Scheduling Solutions are deployed,” the company said in a statement posted on its website....