Daily Financial Intelligence at Your Fingertips
Memorial Day weekend is here, and many Americans are gearing up for backyard cookouts filled with grilled favorites. But if seafood was on your menu, you may need to rethink your plans. A major food recall has been issued for a popular salmon product sold at Aldi stores across California, Nevada, and Arizona, due to an undeclared soy allergen—posing…
The recently passed House bill, aimed at reshaping tax policies, includes several measures impacting retirees—but one expected change was notably missing: no reductions in Social Security taxes. Dubbed the Tax Reform and Economic Relief Act, the legislation fulfills several campaign pledges, such as temporary tax exemptions on tips and overtime pay. However, it does not address…
Millions of retirees will see larger deposits this month thanks to the 2025 Cost-of-Living Adjustment (COLA). Here’s what to expect. Key Takeaways How Much More Are Retirees Earning in 2025? The 2.5% COLA hike means larger checks across all retirement tiers: Retirement Age Estimated Max Monthly Benefit 62 (Early) $2,831 67 (Full) $3,822 70 (Delayed) $5,108 Example: A…
