Tag Archives: social security

How Inflation Hurts Retirees and How You Can Protect Yourself

What is inflation and why is it important? Simply put, inflation means prices go up and your purchasing power goes down. It’s that painful pinch you feel when you pull out your wallet at the grocery store or at the gas pump. If you have a limited or fixed income, …

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Build vs. Reduce: An IRA Income Strategy

Ignite Funding: offering short-term investments for long-term investors since 2011. We talk a lot about the need to save and invest for our financial future. The typical path most of us take to save is through our 401(k)/company retirement plans, or perhaps the old standby of contributing to an IRA. …

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Live financial aid updates: IRS social security recipients, child tax credit, IRS tax refund filing date…

Securities – Many states are still provide rental assistance to tenants which are behind on their payments. – The Federal Reserve is holding a closed meeting to discuss the approach of central banks as the pandemic recovery continues. – The IRS has stopped issuing automated notices showing tax balances, unfiled …

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Equifax Free Credit Monitoring Settlement Letters

Your ticket to free credit monitoring for four years may be in your inbox. If you signed up for this service a few years ago as part of the settlement of the 2017 massive data breach at credit monitoring company Equifax, you should have received information (or will receive it …

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5 ways to use your tax refund strategically

Taxpayers received an average tax refund of nearly $3,000 in 2021, according to the IRS, and there’s an opportunity to use this financial windfall to improve your financial situation. (iStock) Tax season is here, which means millions of American taxpayers could soon receive a substantial financial windfall in the form …

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Even in Retirement, It’s Wise to Monitor Your Credit Score | Business

Question: Now that I’m retired, my income and expenses are the same every month. So, do I still need to watch my credit score? Responnse: The Federal Consumer Financial Protection Bureau recommends regular monitoring of credit scores at any age, but especially for seniors who are often at greater risk …

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How Nigerian Immigrants Can Buy a Home in America in 36 Months

Many Nigerians migrate abroad; many leave to start a new career and a new life in Canada, the United States and Europe. These new emigrants are highly educated and previously employed in Nigeria; they will form the cornerstone of the future middle class in their new nation. Why is it …

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The Best Credit Score Apps to Check Your Credit Now

Your credit score is very important. Companies use it when issuing credit cards. You need a voucher to get good rates on a home. Even some jobs require a good credit score. Fortunately, there are many ways to check your credit, and often for free. You probably already know some …

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Live updates from the fourth stimulus check: $200 Social Security, child tax credit, tax filing, Golden State payment…

Securities: – Initial unemployment claims increase by 23,000 to 230,000 for the week ending January 8. – A update on what States have or plan to send stimulus checks – Some on social security could see their benefit drop to $1,657 due to the COLA 2022. – Golden State’s latest …

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Tax season is starting soon. Here is what could impact your return

NORFOLK, Virginia – On top of everything we’re already facing – COVID, getting kids back to school, paying remaining vacation bills – adding taxes to the list. Tax season begins January 24 with a deadline of April 18 this year. Kevin Zywna, chartered financial planner and chairman of Wealthyway Financial …

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2022 Stimulus Checks: When will SS beneficiaries receive this year’s $ 1,400 payment?

In these first weeks of 2022, Congress came under pressure from Senior League (TSCL) as they push for another one-off Social Security Stimulus Payment of $ 1,400 for seniors. This is due to the uncertainty in the United States following an increase in COVID-19 infections since the emergence of the …

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MoneyKey Personal Loans Review | Find the best loan for you

MoneyKey is a direct online lender that started in 2011 and gives borrowers with lower credit scores access to short-term personal loans and lines of credit. The lender offers products in 16 states. MoneyKey notes that its short-term installment loan is “an expensive form of credit and is not intended …

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Equity of access to the brand called into question with a new identification requirement (2)

Small businesses, especially those run by people of color and women, will have a harder time filing trademarks when a new verification system requiring AI technology and credit verification kicks in, lawyers say . The US Patent and Trademark Office will roll out the identity verification process on January 8. …

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2 ways to invest $ 640 per month for $ 1 million in retirement

gGood news: the average 401 (k) contribution could fund a millionaire’s retirement. That average contribution, according to a 2021 Fidelity retirement report, is $ 640 per month. The point is, making the right contribution is only part of the challenge of funding retirement. You should also stick to these contributions …

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Fourth direct update of the dunning check: COLA 2022 benefits, health insurance, child tax credit …

Securities – New parents might see another stimulus check reflected in their tax refund in 2022. – Social Security beneficiaries should soon receive details of their COLA 2022 increase in the mail. – Total 11 million job offers in the USA – Democratic Senator Manchin calls Child tax credit an …

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Will SNAP benefits for December be paid without an extension of the debt ceiling?

hapabapa / iStock.com Congress is running out of time to avoid a government shutdown. Lawmakers have until the Dec. 3 deadline to raise the debt ceiling before the United States defaults on its debt (although the estimate has recently revised on December 15 by Treasury Secretary Janet Yellen). Many wonder …

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Parent PLUS loans derail retirement

By Marcia Mantell, RMA It seemed like a good decision at the time. Your son or daughter has entered the college of their dreams. They were one more step towards a solid path for their future. Marcia Mantell The costs to attend university were high. Really high. But it is …

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NW Credit Unions Offer 10 Tips for Safe Holiday Shopping Online

TIGARD, Ore. (KTVZ) – It seems just a few years ago consumers were skeptical about shopping online, but today online shopping for everything from groceries to TVs has become Standard. But this carries certain risks. The FBI Internet Crime Report shows cybercriminals were responsible for $ 4.1 billion in losses …

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3 reasons not to claim social security too early

ohThe advantage of social security is that it is flexible. You don’t have to buy benefits at just one age, but instead get an eight-year production window that starts at 62 and ends at 70. (Technically, you can claim benefits after age 70, but there’s no financial reason to wait …

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Can early retirees with student debt still retire?

Amy Wagner and Steve Sprovach | Cincinnati Applicant Allworth Tips: New Jobs and Old 401 (k) s Amy Wagner from Allworth Financial provides advice on how to turn old 401 (k) s into new investments when you change jobs. Allworth Financial, Cincinnati investigator Question: Boone County TD: I’m almost embarrassed …

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Consider the “less wait” credit at the start of the sales process

According to 700Credit, making a smooth withdrawal of a customer’s credit early in the buying process can improve sales and reduce awkward conversations in the F&I office. “You’re removing that friction,” 700Credit chief executive Ken Hill said in a webinar on Tuesday. According to Hill, a traditional “hard” formal credit …

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Financial movements to be made after marriage

METRO CREATIVE PHOTO A couple who obtain a marriage license and marriage certificate in Jefferson County can get married in any county in Iowa, but the completed marriage certificate must be returned and filed in the county by Jefferson. To marry? Congratulations! By now you’ve probably sat down with your …

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Biden criticizes GOP lawmakers for debt ceiling ‘dangerous’ inaction, warns of interest rate hikes

Washington lawmakers are working to pass a suspension of the debt ceiling before government funding runs out, which could happen as early as Oct. 18, according to Treasury estimates. (iStock) As the federal government moves closer to defaulting on financial obligations for the first time in history, President Joe Biden …

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3 reasons why parents shouldn’t send their kids to college

The student debt debate often overlooks an important group: parents. About 1 in 3 dollars the federal government loaned for undergraduate education last year was in the name of a parent. In total, federal parental debt stands at more than $ 103 billion for more than 3.6 million borrowers, according …

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Some parents will not receive a child tax credit if they do not register by October 15. here’s why

The IRS reminds eligible families who receive little or no income to register by October 15. Sarah Tew / CNET After the first monthly advance payment of the child tax credit was released this summer, a report released by the Center on Budget and Policy Priorities warned that some 4 …

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Stimulus Check Live Fourth Update: Child Tax Credit, Social Security Benefits, New California Payout …

Securities – Republicans vote against federal spending bills, bringing government shutdown closer. – Secretary of the Treasury Yellen warns that the US government could run out of cash on October 18. – Health Insurance beneficiaries could see significant increases in their prescription franchises Next year. – When Will the COLA …

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How You Can Fund For Retirement – The Madison Leader Gazette

Home values ​​and home equity have skyrocketed in the past year, according to a report from Unison. If you are a homeowner, there is a good chance that your equity has increased in the past year. Soaring home prices caused by a pandemic-fueled real estate frenzy has led to a …

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Child Tax Credit Audits: How to Contact the IRS

** Related video above: Where is my child tax credit payment? ** CLEVELAND (WJW) – In an ongoing effort to help struggling families, the federal government is sending three more child tax credit advance payments to many parents this year, with one more coming soon. The next advance payments are …

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“I’m not a hedonist” but I want to build our next retirement home, my wife says no. We saved $ 3 million. What should I do?

I am 57 years old and my wife 55 years old. We have no children and no debt. We own our home and our vehicles. My wife is a business accountant and earns about $ 150,000 a year. I recently retired from the public service with a pension worth $ …

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Pay for your child’s college? 3 times to think twice

September 23, 2021 11:06 AM Cecilia Clark Posted: September 23, 2021 11:06 AM Update: September 23, 2021 5:05 PM The student debt debate often overlooks an important group: parents. About 1 in 3 dollars the federal government loaned for undergraduate education last year was in the name of a parent. …

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6 money movements for the self-employed to achieve financial freedom

The sharp increase in private sector medical expenditure highlights the importance of purchasing an adequate health insurance policy. The income and cash flow dynamics of the self-employed are different from that of employees. Self-employed workers have lower income certainty than salaried employees. In addition to this, they also have to …

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7 tips for managing your money if you’ve just been divorced

Katie Harp / Unsplash GOBankingRates wants to empower women to take control of their finances. According to the latest statistics, women hold $ 72 billion in private wealth, but fewer women than men consider themselves to be in “good” or “excellent” financial position. Women are less likely to invest and …

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Child Tax Credit Problems? Here’s the best way to contact the IRS

The IRS can help you with your child tax credit payment problems. Angela Lang / CNET Child tax credit payments have not been without hiccups this year. If you are having problems – maybe your the paper check did not arrive – you are probably looking for answers to find …

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Payday Loans For Small Businesses: Everything You Need To Know

Small business owners have many expenses, and perhaps the most consistent is payroll. The people who work for you, whether they are full-time, part-time or on contract, expect to be paid on time. But what happens when your own customers haven’t paid you or your month is slow? You are …

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Opinion: Why retirees are better to be safe than sorry

There is a limit to the happiness that money can buy. This is one of the most provocative lessons I take from a recent survey of retirees conducted by the Employee Benefit Research Institute (EBRI). Conducted last fall, the EBRI surveyed 2,000 retirees aged 62 to 75 with less than …

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Electrical Workers Local 369 Benefits and Retirement Fund gives notice of safety incident

LOUISVILLE, Ky., July 23, 2021 / PRNewswire / – The Electrical Workers Local 369 Benefits and Retirement Fund (the “Fund”) is providing notice of a recent incident that may affect the security of information of certain individuals. On May 24, 2021, the Fund has discovered suspicious activity on its network …

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RMF aims for reverse growth of the mortgage market by simplifying the qualification of borrowers

Reverse Mortgage Funding, LLC (RMF) aims to grow the reverse mortgage market by taking a new, streamlined approach to the borrower qualification process. That’s according to a presentation made by the company at the National Reverse Mortgage Lenders Association (NRMLA) virtual summer meeting this month, as well as direct conversations …

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Smart strategies to fight inflation

Few economists predict that we will return to the double-digit price increases of the late 1970s and early 1980s. But knowing some of the ways consumers coped back then – and how things are different now – can help you formulate a plan to deal with the price hike. First, …

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Retirement Daily Weekly Roundup – Retirement Daily on TheStreet: Financial & Retirement Advice, Analysis & More

This week’s articles The mysterious order … of the withdrawal of assets Should you go against the “rule of thumb” for the order of accounts to be withdrawn for your retirement income? Councilor Kristi Sullivan offers a (potentially) contrarian perspective and how to determine what’s right for you. This week …

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No dunning check? Need to register for the child tax credit? Help is available

ljubaphoto | E + | Getty Images Millions of individuals and families are expected to receive government money in the form of stimulus checks and monthly child tax credit payments. However, many are still waiting for their stimulus checks, while others may not know how to register for child tax …

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Tax Refund Update: How to Track Your Money, Manage the IRS Backlog

You can check the status of your tax return 24 hours after it is received by the IRS. Angela Lang / CNET Many challenges for the IRS have resulted in setbacks in issuing on-time tax refunds this year. A recent report from the National Taxpayer Advocate confirmed that some 35 …

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Dental loans: what you need to know before financing dental work – Forbes Advisor

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. Dentist visits can be scary, and that’s before you have to worry about footing the bill. Even if you have dental …

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Successful mortgage refinancing isn’t just about getting a good interest rate. Here’s what else you should look for

Single family house on pile of money. Real estate concept. Getty In the wake of the pandemic, mortgage interest rates plunged to near record highs, leading to an unprecedented boom in the mortgage refinancing industry. However, as more people rush to refinance, it’s important to remember that getting a good …

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Guess the mortgage payment on J. Law’s $ 7 million mansion

Speculating on the costs of Jennifer Lawrence’s house The hunger Games. Silver Linings playbook. Joy. X Men: Apocalypse. The barrage of films earned Jennifer Lawrence prominent notoriety with much of the American audience. She also won a ton of money. But when the prolific 25-year-old actress isn’t busy shooting her …

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