The Social Security Fairness Act 2025 aims to address longstanding disparities in retirement benefits by eliminating the current earnings cap on taxable income and broadening eligibility criteria. This legislative proposal has gained momentum among policymakers advocating for a more equitable social safety net. If passed, the bill could significantly impact how benefits are calculated and...

The Alaska Permanent Fund Dividend (PFD) provides annual payments to eligible residents from the state’s oil revenue, serving as a direct financial benefit and a symbol of resource sharing. For 2024, the PFD amount was officially set at $1,702, reflecting the state’s strong fiscal position and investment returns. However, for 2025, the payout has been...

The looming threat of a government shutdown poses significant consequences for Social Security recipients, potentially creating a two-tiered system that favors current beneficiaries while leaving new applicants in limbo. As congressional debates continue over federal funding, many face uncertainty about the stability of their payments and the speed of processing new claims. Existing Social Security...

Former President Donald Trump has publicly supported a controversial shift in retirement investment policies, advocating for the inclusion of high-risk cryptocurrencies within 401(k) plans. This proposal, introduced by a recent regulatory rule change, aims to expand the investment options available to millions of Americans saving for retirement. Trump’s endorsement signals a significant departure from traditional...

Consumers who interacted with Credit One Bank and believe they may have been affected by certain practices have a new opportunity to seek compensation through a recent settlement. The bank has agreed to pay $1000 per eligible claimant as part of a class-action resolution addressing issues related to account disclosures, billing practices, or other customer...

Automakers and consumers alike are bracing for potential shifts in vehicle pricing following recent announcements from former President Donald Trump, who threatened to impose new tariffs on imported vehicles and auto parts. If enacted, these tariffs could lead to increases of up to $5,286 per vehicle, significantly impacting the affordability of new cars across the...

Medicare beneficiaries will see an increase in their monthly premiums this year, as a $10.30 deduction from their Cost of Living Adjustment (COLA) will offset higher Part B costs. The Centers for Medicare & Medicaid Services (CMS) announced that the standard Part B premium will rise from $164.90 in 2023 to $174.40 in 2024, marking...

Amazon, the e-commerce and cloud computing giant, announced a targeted salary increase for select employees as part of its ongoing efforts to improve worker compensation and retention. Effective immediately, certain team members will receive an additional $1,600 annually, a move that underscores Amazon’s commitment to addressing wage concerns amid a competitive labor market. The adjustment...

Recent surveys indicate that many Americans now believe a retirement savings of approximately $1.7 million is necessary to enjoy a comfortable retirement. This figure reflects shifting perceptions about living expenses, healthcare costs, and the overall financial landscape for retirees. As economic uncertainties persist and inflation continues to impact savings, Americans are recalibrating their retirement goals,...

After years of debate and policy adjustments, the longstanding WEP (Widow’s Earnings Provision) and GPO (Government Pension Offset) provisions have officially been phased out, bringing significant relief to thousands of teachers and firefighters across the country. Effective immediately, these workers now receive monthly pension increases of up to $500, a move that aims to restore...