Workers with emergency funds of at least $2,000 are less likely to raid their 401(k) accounts, according to Vanguard research. 401(k) “leakage,” such as cashing out an account upon job […]
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Trump’s ‘big beautiful bill’ includes these key tax changes for 2025 — what they mean for you
President Donald Trump’s “big beautiful bill” includes several tax changes that are effective for 2025. Provisions include permanent extensions of Trump’s 2017 tax cuts, along with boosts for the standard […]
‘Big beautiful bill’ may help some seniors on Social Security. But it doesn’t eliminate taxes on benefits
The “big beautiful bill” includes a $6,000 additional deduction for certain older Americans ages 65 and over. However, the legislation does not end federal income taxes on Social Security benefits. […]
