Fraudulent tax companies impersonate legitimate businesses, urging victims to make quick payments, according to the BBB.
Seattle — With tax season on the horizon, there’s been a noticeable uptick in scams targeting individuals who may be behind on their taxes. The Better Business Bureau (BBB) notes that these fraudsters are leveraging the urgency of the season to pressure people into costly decisions. According to Cameron Nakashima from the BBB, reports of […]
Social Security SSI payments will be issued early because of an unusual weekend schedule.
Social Security Payments Adjusted Due to Calendar Glitch A recent discussion highlighted troubling new findings indicating that both Social Security and Medicare might be heading toward financial instability. If immediate measures aren’t taken by policymakers, retirees could face significant reductions in their benefits. In a slight change to the usual schedule, recipients of Social Security […]
Retired LAUSD teacher’s pension payments reinstated after being mistakenly declared deceased.
Retired Teacher’s Pension Resumes After Mistaken Death Claim A 94-year-old former teacher from the Los Angeles Unified School District has had her CalSTRS pension reinstated after being mistakenly declared deceased, as reported by her family. Gloria Wilson’s relatives reached out to a local news channel, seeking intervention after they discovered that her pension payments had […]
US suggests a small increase in 2027 Medicare insurer payments, stocks decline.
On January 26, the United States government announced a proposed average payment increase of 0.09% for private insurers managing Medicare Advantage plans for the upcoming year. Following this news, shares of companies like UnitedHealth saw a drop of over 10%. Other companies in the sector, such as CVS Health and Humana, also faced declines in […]
Bitcoin payments restricted by tax regulations, not by technology issues: Crypto executive
The Challenge Facing Bitcoin Pierre Rochard, who is the director at Strive, a Bitcoin finance company, pointed out that current tax policies are acting more like a payment system rather than focusing on improving technology for quicker and cheaper transactions. “Think of it this way: if the best athlete competes, they can easily beat the […]
94-year-old former LAUSD teacher mistakenly announced as deceased, resulting in loss of pension payments.
California Teacher Declared Dead by Pension System, Still Alive Gloria Wilson, who is very much alive, found herself in an unexpected situation with California’s pension system. At 94 years old and residing in Texas, she dedicated many years to teaching within the Los Angeles Unified School District. Recently, her CalSTRS pension payments, a crucial financial […]
Trump rejects idea of using 401(k) funds for home down payments.
Updated January 22, 2026, 8:01 PM ET WASHINGTON – President Donald Trump has come out against a proposal supported by one of his top economic advisors that would let Americans tap into their 401(k) retirement savings for home down payments. “I’m not a big fan. Others like it too,” he told reporters during a flight […]
Trump administration suggests using 401(k) savings for home down payments
New Housing Plan Involves 401(k) Withdrawals The Trump administration has announced a housing initiative that would permit American workers to withdraw money from their 401(k) retirement accounts without facing penalties, specifically to purchase homes. Normally, individuals are not allowed to take early withdrawals from their retirement savings without incurring IRS penalties. However, this plan aims […]
Social Security Payments: Benefits Up To $5,181 Being Distributed This Week
Upcoming Social Security Payments This week, millions of beneficiaries will receive their Social Security payments. Why It Matters Over 70 million Americans count on Social Security monthly for vital income, including retirement, disability, and survivor benefits. Given the program’s scale, the Social Security Administration (SSA) distributes payments throughout the month. Important Details Payment dates for […]
Trump’s housing proposal would permit using 401(k) funds for down payments, according to an adviser.
Trump Administration to Allow 401(k) Withdrawals for Home Purchases On January 16, the White House indicated that the Trump administration is planning to allow individuals to use some of their retirement savings for a home down payment. Economic adviser Kevin Hassett mentioned in an interview that specifics would be revealed next week. “We’re going to […]