In today’s digital age, the use of coupons has evolved significantly from the traditional Sunday circulars. Consumers now have access to online codes, browser extensions, and money-saving apps that offer various ways to find significant discounts at any time. However, the quality of these deals can vary depending on the day of the week. Friday:
Personal
Vice President Kamala Harris has recently put forward an economic agenda that includes higher taxes for wealthy Americans and corporations. Among the proposed tax increases is a 25% minimum tax on total income, which would also cover “unrealized gains” exceeding $100 million. This particular tax, dubbed the billionaire minimum tax, aims to ensure that the
The landscape of health insurance for younger retirees in the United States has been shifting significantly in recent years. With most Americans not being eligible for Medicare until they reach the age of 65, many people in the 55 to 64 age bracket have turned to Marketplace health insurance for coverage. The number of Americans
In recent years, a disturbing trend has emerged in the labor market, impacting young adults between the ages of 18 to 24. A staggering 16% of this demographic falls into the category of “disconnected youth,” a term coined by the Federal Reserve Bank of St. Louis. These young individuals, also known as “NEETs” (not in
The latest research from the Bank of America reveals that travel spending among American households has exceeded pre-pandemic levels, with a particular emphasis on international trips. The study indicated a 10.6% increase in travel spending per household compared to 2019, supported by credit and debit card data from January to mid-August. This surge is attributed
As the Federal Reserve gears up to cut interest rates, the future of the U.S. economy seems uncertain. This uncertainty leaves many experts divided on how to navigate the economic landscape ahead. For retirees or those nearing retirement, the stakes are particularly high as they face the potential impact on their retirement savings. The looming
The concept of automated retirement savings, such as automatic enrollment and automatic escalation in 401(k) plans, has been praised for its potential to significantly boost employees’ nest eggs. However, recent research suggests that the impact of these policies may not be as positive as originally believed. The Reality of Automated Savings While policies like auto-enrollment
As the season of fall foliage and pumpkin spice lattes approaches, the job market also seems to be turning over a new leaf. Career experts are dubbing this phenomenon as the “September surge,” attributing it to an end of the summer slowdown. This surge is characterized by an increase in job postings after Labor Day,
Retirees who are concerned about the high costs of prescription drugs can breathe a sigh of relief as a new change is set to take effect in 2025. Starting in January, enrollees in Medicare drug plans will have their annual out-of-pocket drug costs capped at $2,000. An estimated 1.4 million participants in Medicare drug coverage
When it comes to investing, many people focus on asset allocation in terms of selecting the right mix of stocks and bonds. However, what often gets overlooked is the importance of asset location. Asset location refers to where your investments are held, such as in tax-deferred accounts like traditional IRAs or taxable accounts like brokerage