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US Economy
Retire Comfortably Under $500k: Discover the Affordable Path
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Building a nest egg can be daunting, even with a modest goal like $500,000 in savings. However, the good news is that with smart saving and compounding interest, you could be closer than you realize. In fact, maxing out your 401(k) plan and putting away as much of your salary as you can each pay period are critical…
BYD Claims Act Blocks Affordable EVs – Is it Logical?
BYD's Stance on the US EV Market
Chinese electric vehicle (EV) giant BYD believes that the USA's Inflation…
Income Inequality Worsens Social Security Crisis
Why Social Security's Income Inequality Problem Is Impacting Retirees
For most retirees, Social Security is a…
IRS Embraces Digitalization Initiative to Drive Innovation and Improve Taxpayer Experience
Digital Intake Initiative: A New Approach to Tax Filing Efficiency for IRS
The Enterprise Digitalization Office at the IRS is focused on strategic objective 1.2: the digitalization initiative. One of the projects under this initiative is the digital intake initiative, which aims to modernize the way paper tax returns are processed by…
Biden Averts U.S. Default: Debt Ceiling Bill Signed & Sealed
President Biden Raises Debt Ceiling to Avoid Default
President Joe Biden signed a bill on June 3rd, just two days…
Exciting Job Growth Powers a Sixth Winning Week in Stocks Following Historic Debt…
Stocks Rise on Positive May Jobs Report and Debt Ceiling Bill
Stocks rose on Friday, May 7th, after traders…
Clean Energy Surge, Yet Coal Hinders Climate Goals – IEA
Investments in Clean Energy on the Rise
The International Energy Agency (IEA) has released a report indicating that investments in clean energy are likely to outpace spending on fossil fuels, driven by energy security concerns and policy support from wealthy countries. The ongoing war in Ukraine has contributed to these concerns. However,…
Unveiling Permitting Reform: The Hidden Energy Solution in Debt Talks
Understanding Energy Permitting Reform and its Role in the Debt Ceiling Deal
Energy permitting reform, which aims…
Inflation Reduction Act Turbocharges Key Areas for Remarkable Upgrades
Boosted IRS Funding - A Positive Impact on Taxpayers?
Many taxpayers have faced difficulties with their taxes for…
65-Year-Old Considers $30K Home Upgrade: Should Roth IRA Fund It?
Should You Use Your Roth IRA for a $30K Home Improvement Project?
Deciding whether to use your Roth IRA for a home improvement project can be a challenging decision. It's essential to consider both the short-term tax implications and the long-term financial planning impact of withdrawing from each account and when. In this article, we'll explore…