Student Loan repayment has been in the news of late. CNBC published an article this week that discusses the type of student loan and repayment information updates that may help you plan accordingly. Interest accrual is a key difference between the types of federal loans. There are two types of debt” a) the subsidized loan […]
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“It’s a blessing and a curse” – this phrase comes to mind when considering online accounts! The ease of signing up, clicking “yes” to terms of agreement and using technology on various devices is amazing and comes with caution. Image by 💖MORE ON 👉 https://melovess.com 💖 from Pixabay Digitization of Services No more “snail mail”,
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What if? Spring has sprung and across the US evidence of the weather changing is evident with floods and tornados popping up quickly. This is a good time to consider preparing an emergency financial file! What is an emergency financial file, you ask?! An emergency financial file is a collection of important documents that can
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It’s tax prep time! The US 2022 tax filing season is upon us. Let’s get you in the spirit and ready to file. Tips to Help You The IRS started accepting 2022 tax returns on January 23rd. The official deadline for individual tax returns is April 18, 2023 for most Americans. There are some exceptions
It’s time for more US tax updates! Two important areas of focus this week: 1) 2022 Tax Year Benefit Changes and 2) Tax Brackets for 2023. Let’s get you ready for tax preparation and filing for the 2022 calendar year. On Friday October 21st, the IRS also announced the inflation-adjusted employee contribution limit for 401(k)s
Student Loan Forgiveness has been in the news of late. This student loan relief initiative will impact up to 40 Million Americans. As information about the program details continues to evolve, there may be some “tweaks” ahead. The US Department of Education released an article of “do’s and don’ts” this week I wish to share
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The Inflation Reduction Act Bill passed by the Senate and the House this week includes Healthcare Cost Savings measures to be aware of. This bill contains provisions impacting health care, climate and tax reform. The Inflation Reduction Act is estimated to spend about $485 billion over 10 years on health and alternative energy programs while raising about
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The tax code is not exactly “bedtime reading” 🙂 I read an article this week on https://financebuzz.com/irs-retirement-changes?pid=1692 I’m sharing with my own information added! Want you to have a heads up to the 2022 IRS changes impacting retirement accounts. As you save for retirement, take note of the following changes. 1. Maximum contributions are higher
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There were multiple articles of interest this week. Real ID, Financial Fraud and Affordable Internet updates impact young and young at heart ❣ Read on to see what may impact you or someone you love. Real ID Implementation Update After the “pandemic delay”, effective May 3, 2023 Real ID goes into effect. Be alert, you
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The Secure Act 2.0 passed the House of Representatives this week by a vote of 414-5. This piece of legislation moves now to the Senate. This bill was crafted to simplify the current retirement system and help workers save for retirement. Pay attention – sometimes what you plan is impacted by legislation! The original Secure
