Author: Juliet

The Internal Revenue Service (IRS) has announced that the annual contribution limit for Individual Retirement Accounts (IRAs) remains unchanged at $3,500 for the upcoming tax year. This decision, consistent with previous years,…

Amazon has announced a pay increase for its long-serving employees, effective this month, marking a strategic step to recognize employee loyalty amid ongoing labor market challenges. The company will raise hourly wages…

Starting October, millions of Americans relying on the Supplemental Nutrition Assistance Program (SNAP) will see significant changes to their benefits as part of a comprehensive overhaul implemented by federal authorities. The policy…

Consumers who held eligible accounts with Capital One may be nearing the end of a significant financial opportunity. A $425 million settlement has been reached following allegations of improper account practices, and…

Starting in 2025, senior taxpayers aged 65 and older will be able to claim an additional $6,000 deduction on their federal income tax returns, marking a significant change in retirement-related tax benefits.…

Recent policy changes are expected to significantly reduce the net income of low-income families across the United States, with estimates indicating an average loss of approximately $1,650 annually. These adjustments, which involve…

The federal government has announced a significant policy shift for 2025, promising to provide free television licences to eligible citizens. This initiative aims to reduce financial barriers to accessing public broadcasting services,…

The United States will implement new minimum wage rates beginning October 4, 2024, affecting millions of workers across the country. The updates come as part of ongoing efforts to adjust for inflation…

A new stimulus payment of up to $400 is now available to eligible Americans, offering targeted financial relief amid ongoing economic challenges. Unlike previous rounds, this fund extends eligibility to a broader…

Recent policy proposals and economic forecasts suggest that the middle class in the United States could face significant financial challenges in the coming years. According to a new analysis by financial researchers,…