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IRS reveals new 401(k) contribution limits for 2026, increases savings cap

IRS reveals new 401(k) contribution limits for 2026, increases savings cap

IRS Announces New 401(k) Contribution Limits for 2026 The IRS recently unveiled updates to the 401(k) contribution limits for 2026. In a release on Thursday, the agency increased the deferral limit for employees, raising it from $23,500 in 2025 to $24,500 next year. This adjustment impacts 401(k), 403(b), and most 457 plans, as well as […]

Las Vegas police receive a fleet of Tesla Cybertrucks following a $2.7 million contribution.

Las Vegas police receive a fleet of Tesla Cybertrucks following a $2.7 million contribution.

Tesla Cybertruck Joins Las Vegas Police Fleet The Las Vegas Metropolitan Police Department (LVMPD) recently introduced the Tesla Cybertruck into its fleet, becoming the largest police fleet in the U.S. This exciting development comes thanks to a substantial donation from Silicon Valley entrepreneurs Ben and Felicia Horowitz, who contributed around $2.7 million to the department. […]

Billionaire’s $130 million contribution amid shutdown leads to ‘totalitarian’ accusations

Billionaire's $130 million contribution amid shutdown leads to 'totalitarian' accusations

Sen. Chris Murphy Criticizes Trump Over Donations for Military Pay On Sunday, Connecticut Senator Chris Murphy accused President Donald Trump of wielding “kingly authority” by accepting substantial donations from billionaire Timothy Mellon. Murphy shared his thoughts during an interview with CNN’s Jake Tapper, expressing that, perhaps, Trump relishes the ongoing government shutdown because it gives […]

Jay Jones’ campaign under examination due to wife’s bail fund contribution

Jay Jones' campaign under examination due to wife's bail fund contribution

Jay Jones Faces Political Fallout Over Minnesota Freedom Fund Donation Jay Jones, the Democratic candidate for Virginia attorney general, encountered fresh political challenges recently after it was disclosed that his wife had donated to the Minnesota Freedom Fund. This organization has stirred controversy for allocating significant funds to bail out individuals accused of serious crimes, […]

A Significant Day for Israel — Appreciating Trump for His Contribution to the Important Task of Freeing Our Hostages

A Significant Day for Israel — Appreciating Trump for His Contribution to the Important Task of Freeing Our Hostages

Landmark Hostage Deal Announced by Israeli Prime Minister Wednesday night, Prime Minister Benjamin Netanyahu declared it “a great day for Israel,” announcing a significant agreement aimed at securing the release of all remaining Israeli hostages. The deal was reached with the support of President Donald Trump. This announcement came after several days of intense diplomatic […]

Phil Knight and his wife donate a historic $2 billion to an Oregon cancer center — the biggest individual contribution to a university in the US.

Phil Knight and his wife donate a historic $2 billion to an Oregon cancer center — the biggest individual contribution to a university in the US.

Nike Co-Founder Phil Knight’s $2 Billion Donation to OHSU Cancer Institute Phil Knight, co-founder of Nike, along with his wife Penny Knight, has committed a substantial $2 billion to the Knight Cancer Institute at Oregon Health Sciences University (OHSU). This announcement was made on Thursday, marking it as the largest single donation to a university […]

Spain seeks reduction in NATO contribution: Report

Spain asks for break on NATO contribution: Report

The leader of Madrid has requested NATO Secretary Mark Latte to exempt Spain from a proposed defense expenditure target of 5% of GDP in advance of the upcoming summit in The Hague. In a letter to Latte, Prime Minister Pedro Sanchez stated, “Committing to such a 5% target is not just unreasonable, but it also […]

Pension Reform Conflict: Legislators Push Back Against FERS Contribution Increase

Rep. Mike Turner Challenges Proposed Pension Contribution Increases for Federal Workers Rep. Mike Turner (R-OH) has expressed his disagreement with the House Oversight Committee’s plan to raise pension contributions for federal employees as part of a budget deal. During a markup session held on April 30, where the proposed cuts to federal employees’ retirement benefits […]