Workers may have jobs where they pay into Social Security or earn pension benefits. When they have both, their Social Security benefits may be adjusted to reflect that. There’s growing support in Congress to either revise those rules or eliminate them altogether. Araya Doheny | Getty Images When Dave Bernstein, 87, started working at the … Read more
As the economic forecast has mostly shifted from recession to soft landing, experts at firms who landed on this year’s CNBC FA 100 list are still watching for a downturn. Despite those forecasts, here’s where they see opportunities for gains in stocks, bonds and cash. Shoppers at a Chicago grocery store on Aug. 9, 2023. … Read more
The IRS has unveiled plans to offer digital correspondence for the 2024 season and aims to offer “paperless processing” for tax returns in 2025. It’s expected the plan will eliminate up to 200 million pieces of paper every year, slash processing times by half and speed up refunds by several weeks. “This is truly a … Read more