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The IRS has updated its guidelines on claiming funds from last year's stimulus package. Particularly, the enhanced Child Tax Credit. The American Rescue Plan increased the child tax credit from $2,000 to $3,600 for children under 5 and…

Consumers have been struggling with sky-high living costs due to excessive inflation for months. Undeniably, the rising prices may be here to stay. In February, the Consumer Price Index (CPI) grew 7.9% year-on-year. It's the index's…

Aspects In 2022, retirees' Medicare premiums will skyrocket. Many get this money from their Social Security cheques. It's possible elderly are overpaying for Medicare and deserve a refund. Despite receiving the greatest COLA…

Aspects Annually, Social Security rules can change. No of your age, it's vital to keep track of changes. Rare “All In” Buy Alert From Motley Fool Social Security is a vital service to monitor. This is true whether you are…

WASHINGTON – Fewer Americans claimed unemployment benefits last week, indicating fewer layoffs overall. The Labor Department said Thursday that weekly unemployment claims declined 18,000 to 215,000 from 233,000 the prior week. The…

The Senior Citizen League's latest 7.6% projection includes high oil prices. Like the CPI-U, the CPI-W gives priority to food, clothing, transportation, and other necessities. The Social Security Administration will not determine the…

It's well-known that Social Security payouts are taxable. The issue is how the tax is applied. If you don't pay attention, it can result in big tax rises. The Social Security taxation cliff is so named because adding even one…

(Centre Square) President Joe Biden's latest strategy to combat rising prices has been received with scepticism by critics. Asserting a “buy American” policy during his State of the Union address. “Lowering wages and making Americans…

This month will see the distribution of the third wave of enhanced Social Security Checks. A 5.9% increase has been applied to these checks. If you get social security benefits, you most likely know when they will arrive. If you're new…

An almost astounding amount of data might lead to fresh charges, according to the government's new top prosecutor for significant wrongdoing against the large pandemic relief programme. Kevin Chambers, associate deputy attorney general,…