Money Management

 Major federal benefit changes are already in motion under new leadership — here’s what retirees and future beneficiaries need to know right now. 

A leadership change at the Social Security Administration could usher in a wave of policy updates, impacting nearly 73 million Americans. From larger checks for some retirees to new fraud prevention rules and benefit garnishment changes, these updates could affect how you receive benefits, pay debts, and interact with the agency. Here are six critical planned shifts every beneficiary should…

 Read More 

 NYU professor and author Scott Galloway says many Americans are betting too much on a flawed system. Here’s what you should know — and how to protect your retirement savings. 

Renowned NYU Stern School of Business professor and tech entrepreneur Scott Galloway has consistently warned about structural economic issues threatening Americans’ retirement savings. Known for his incisive market analysis and sometimes controversial predictions, Galloway’s warnings merit attention from anyone with retirement investments, according to TheStreet. The traditional 401(k)…

 Read More 

 A Federal Reserve official indicates potential new tariffs could postpone planned interest rate reductions, contributing to an uncertain economic outlook. 

Chicago Federal Reserve President Austan Goolsbee has delivered a clear message that might disappoint those hoping for imminent relief from high interest rates: recent tariff threats may postpone planned rate cuts. In a May 24 interview on CNBC’s Squawk Box, Goolsbee suggested that the Federal Reserve’s anticipated policy easing will likely be delayed as the central bank evaluates the potential…

 Read More 

 Proposed changes to the SALT deduction cap could deliver significant tax relief to many Americans, especially higher earners in high-tax states. 

The tax landscape for millions of Americans is about to undergo a significant shift with proposed changes to the State and Local Tax (SALT) deduction cap. These modifications could deliver substantial tax relief to certain taxpayers, particularly those in high-tax states who have felt the pinch since the 2017 Tax Cuts and Jobs Act (TCJA) limited these deductions.

 Read More 

 Proposed legislation could eliminate a longstanding tax annoyance for mutual fund investors by deferring taxes on capital gains until you actually sell your shares. 

If you’ve ever opened your year-end mutual fund statement and been shocked by an unexpected tax bill, despite not selling a single share, you are not alone. This quirk of the investment world has long frustrated investors, but potential relief may be on the horizon. Unlike many investments, mutual funds can trigger capital gains taxes even when you haven’t sold your shares.

 Read More 

 Discover practical strategies real people are using to manage rising costs, boost income, and take control of their finances. 

The American financial landscape has dramatically shifted, with supplemental income becoming a necessity rather than a luxury for millions. A 2025 LendingTree study reveals that close to two-fifths of adults maintain secondary income streams, generating approximately $1,215 monthly on average. Economic pressures have transformed side hustles from optional activities into financial lifelines.

 Read More