Tag: Finance News
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U.S. Federal Reserve Raises Interest Rates to Tackle Inflation: Will They Continue to Hike?
At the most recent Federal Open Market Committee (FOMC) meeting in March 2023, the Fed raised rates again by a quarter of a percentage point, bringing rates from 4.75% to 5%. The U.S. Federal Reserve raised interest rates seven times in 2022 and again in February 2023 in an effort to control inflation It is…
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3 Best Credit Repair Companies of May 2023
Credit Saint Credit Saint is a credit repair company that helps individuals improve their credit scores by identifying and resolving inaccuracies and errors on their credit reports. The company offers personalized credit repair plans that are tailored to the specific needs of each client. Credit Saint’s services include credit bureau disputes, creditor interventions, and…
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Social Security Changes In 2023 You Never Expect President Biden Once Favors
President Biden once offered a Proposal to “fix” Social Security. Social Security changes will be expected. Social Security changes in 2023, possible Social Security changes in 2023 will worry beneficiaries, considering how important Social Security is to them. This program assures the health of current members and future retirees and the financial capacity of…
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Some Texas districts to pay $5 billion in property taxes to fill funding gap at other schools
Advocates In Texas Said That The School Who Collects Taxes More Should Give Some To The State And The State Distributes It To Other School That Needs It, To Provide A Better School For The Children. Some Of These Advocates Have Been Born, Raised And Typically Grew Up In Texas. Property Tax For School…
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IRS Raises Maximum Contribution Limit for Retirement Savings Plans in 2022
This is the second consecutive year that the agency has raised the limit. The IRS has announced that it will increase the maximum contribution limit for 401(k), 403(b), and most 457 retirement savings plans to $20,500 in 2022 Additionally, the catch-up contribution limit for those aged 50 and over will increase to $6,500 in 2022,…
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Canadians Advised on How to Best Use their Tax Refund Amid Economic Uncertainty
Personal finance experts offer some suggestions on how to spend the extra money. Canadians receive their tax refunds While some might be tempted to treat themselves, experts suggest prioritizing financial goals such as paying off high-interest debt, making lump-sum mortgage payments, and contributing to a registered retirement savings plan or registered education savings plan. For…
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Unclaimed Tax Refunds: Taxpayers Have Three Years Extension From The Original Deadline To Claim
Taxpayers who have unclaimed tax refunds have three years extension from the original deadline to claim them. Or else their money will go as property of the US Treasury. Taxpayers who have unclaimed tax refunds, file now! Internal Revenue Service has unclaimed tax refunds for the year 2019. The office has decided to extend…
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Temporary SNAP Waiver Enables Mississippi Tornado Victims to Purchase Hot Foods
Residents in certain counties in Mississippi have been given a waiver by the Food and Nutrition Service Enables residents to use their Supplemental Nutrition Assistance Program (SNAP) benefits to purchase hot foods This decision was made following the extended power outages and property damage caused by the March Tornadoes. Until May 28, individuals in Carroll,…
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Maryland SNAP Update: Government Expand Plans EBT Fraud Reimbursement
Gov. Wes Moore has signed into law that extends eligibility to all Marylanders who will reclaim benefits stolen from their Electronic Benefits Transfer cards. Maryland SNAP Update: Government Plans To Expand EBT Fraud Reimbursement Governor Wes Moore announced today that there will be an expansion of eligibility to all Marylanders who will reclaim food and…
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New Proposal Offers $500 Monthly Payments to Senior Citizens in St. Louis
St. Louis Alderwoman Laura Keys has proposed a new bill that would authorize the city to use American Rescue Plan Act (ARPA) funds. $500 monthly payments for one year to certain senior citizens who own and occupy their dwellings for ten or more years The bill, formally known as Board Bill No. 3, would make…