Joe Biden and Donald Trump 2024. Chip Somodevilla | Alex Wong | Getty Images Trillions in expiring tax breaks are at stake this election season — and those sunsets could raise taxes for most Americans after 2025 without extensions from Congress. The Tax Cuts and Jobs Act of 2017, or TCJA, temporarily reduced taxes for most … Read more
Jonathan and Jacqueline Sanchez pushed their net worth over $1 million in 2021, through a combination of savings, investments and real estate equity. But it took awhile for Jonathan, who grew up in a frugal, single-parent household to feel fully financially secure, despite the couple’s millionaire status. “It took a lot of psychological reflecting to … Read more
Ippei Naoi | Moment | Getty Images Generation X is known as the sandwich generation because they sit between having a combination of financial or emotional responsibility for adult children and aging parents — in addition to managing their own current lifestyle aspirations and securing their retirement future. It’s a lot to deal with, and … Read more
SDI Productions | E+ | Getty Images A gradual cooling of the labor market has made it tougher to find a new job, but overall conditions are still favorable for job seekers. “Things have gotten competitive,” said Julia Pollak, chief economist at ZipRecruiter. “Don’t get discouraged; there are opportunities out there,” she added. “This is … Read more
Supermarket giant ALDI has revealed a surprise move into the insurance sector with the launch of its ALDI Insurance product. The German company on Tuesday announced ALDI Insurance would include policies for home and contents insurance, comprehensive car insurance and landlord’s insurance. ALDI Australia group director Rodney Balech, said he was “excited” to expand into … Read more
Eligible ahm health insurance members will soon get $100 back as part of a COVID cashback commitment. Members holding a hospital and or extras policy on September 30 will automatically receive the refund. “Ahm and Medibank made a commitment to return any COVID-19 claims savings back to members,” the health insurance company said. Know the … Read more
Businesses could face fines of $25,000 if they refuse cash, under a bid by a former Nationals MP to secure more freedom for consumers. Andrew Gee is behind a Private Member’s Bill that would force individuals and businesses to accept cash payment or face heavy penalties. But the Bill, introduced to federal parliament on Monday, … Read more
D3sign | Moment | Getty Images Americans aren’t good at taking vacation. About 62% of workers say having a job with paid time off — for vacations or illness — is “extremely important” to them, more so than benefits like health insurance, a 401(k) plan or paid parental leave, according to a Pew Research Center … Read more
Market regulator the Securities and Exchange Board of India (Sebi) launched ‘Saa₹thi 2.0’ mobile app in Mumbai on Monday. The updated Saa₹thi app has introduced a user-friendly interface with comprehensive tools aimed at simplifying complex financial concepts, a Sebi release said. It includes financial calculators, and has modules that introduce and explain KYC procedures, mutual … Read more
Early in her career, Kelly Harry worked at a major news organization in New York City as an account executive in ad sales. “I was making $40,000 a year, and I really thought that that was a lot of money at the time, until I had a casual conversation with my co-worker who was actually … Read more
