The $6,000 Senior Bonus: How Americans 65 and Older Can Slash Their 2025 Tax Bill
A new $6,000 tax deduction for Americans 65 and older went into effect in 2025 under the One Big Beautiful Bill Act. Here's how to qualify and maximize your savings.
350 articles found for "savings"
The Fed Meets This Week: What a December Rate Cut Means for Your Money
The Federal Reserve is expected to cut rates for the third time this year. Here's how the December FOMC decision affects your savings, loans, and investments.
The Executive Order Presidency: How 229 Orders in Year One Reshaped American Finance
As Trump approaches his first-year anniversary, his record-breaking 229 executive orders have touched every corner of the economy from tariffs to credit cards to retirement savings.
Trump's Davos Economic Agenda: 401(k) Access, Credit Card Caps, and the Housing Push
President Trump will unveil major economic proposals at Davos next week, including letting savers tap 401(k)s for home down payments and capping credit card rates at 10%.
Medicare's $6 Billion Drug Price Breakthrough: How Negotiated Prices Are Saving Patients Thousands
Medicare's negotiated drug prices went into effect January 1, 2026, saving patients up to 79% on 10 popular medications. What you need to know about the historic program.
New Retirement Rules Just Took Effect: What High Earners Need to Know About 2026 Catch-Up Changes
As of January 1, 2026, workers earning over $150,000 must make catch-up contributions to Roth accounts only. Plus, new 'super catch-up' limits let those 60-63 save even more.
Consumer Spending Slowdown Looms: Why Economists Warn of a 'Great Breather' in 2026
After powering the economy through 2025, consumer spending is expected to slow to 1.5% growth in 2026 as the K-shaped divide between high and low earners deepens.
TrumpRx Launches Today: How Medicare's $350 Ozempic Deal Will Reshape America's Weight Loss Market
Trump administration's deal with Eli Lilly and Novo Nordisk slashes GLP-1 drug prices to $350/month through TrumpRx.gov, starting January 2026. Medicare beneficiaries pay just $50 copays.
CD Laddering in a Falling Rate Environment: How to Lock In Returns Before 2026 Cuts Arrive
With the Fed signaling more rate cuts in 2026, CD rates are beginning to decline from their recent highs. Here's how a laddering strategy can help you maximize returns while maintaining flexibility.
EIA's $51 Oil Forecast: What America's Cheapest Gas Since COVID Means for Drivers
The EIA forecasts oil prices averaging $51 per barrel in 2026, potentially delivering the cheapest gasoline since the COVID pandemic. What it means for your wallet.
The June Rate Cut Calendar: How to Prepare Your Finances for the Fed's 2026 Pivot
With the Fed now expected to cut rates starting in June 2026, here's how homebuyers, savers, and borrowers should position their finances for the coming shift.
Gas Prices Set for Cheapest Year Since COVID as Global Oil Glut Reshapes Energy Markets
The EIA projects gas prices will average $2.30 per gallon in 2026—the lowest since the pandemic. Here's what's driving the decline and what it means for your wallet.