How much money will be in your Social Security retirement check and how much can you keep? For retirees, these are burning questions. Even retirees who continue to work may count heavily on this long-anticipated monthly benefit. Here we take a look at the deciding factors behind the size of your check and how much goes into your purse or pocket.
According to CBS News, Mary Schubart thought she was buying top-quality bedding for her college-bound twins. The Pottery Barn Teen mattress pads were advertised as “crafted in the USA,” and she paid premium prices, assuming the products would be safer and more comfortable. But when the packages arrived, the tags said “made in China.” CBS News reports that her discovery prompted a federal…
Working families who count on one of the federal government’s most valuable tax breaks might face new hurdles if Senate Republicans approve changes tucked inside President Donald Trump’s sweeping budget bill. The earned income tax credit (EITC), which can put thousands of dollars back in the pockets of low- and moderate-income workers, could become significantly harder to claim under provisions…
American workers just achieved something remarkable with their retirement savings, a development that could reveal whether you’re doing enough to secure your own financial future. According to Fidelity data cited by CNBC, the average 401(k) savings rate hit a record high of 14.3% in the first quarter of 2025, based on analysis of 25,300 corporate plans. This figure includes both employee…
