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Finding the Ideal Side Hustle: No 1099-K Required Unless You Earn Over $20,000.
As the gig economy continues to expand, many Americans are exploring side hustles to supplement their income. A recent update from the IRS has clarified reporting requirements for earnings from these ventures,…
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Americans Now Believe $1.7 Million is the Key to a Comfortable Retirement
A recent survey reveals that a significant number of Americans believe that having $1.7 million saved is essential for a comfortable retirement. This figure, which has seen a marked increase over the…
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Wealthiest Americans in the Top 1% Set to Gain $5,000 in Net Income from New Tax Reforms
The recent tax reforms proposed in the United States are expected to significantly benefit the wealthiest Americans, particularly those in the top 1%. Analysts estimate that these individuals will see an increase…
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Florida’s New $14 Minimum Wage Provides Full-Time Workers with an Additional $2,080 Annually.
Florida has officially implemented a new minimum wage of $14 per hour, a significant increase that provides full-time workers with an annual boost of approximately $2,080. This change marks a critical step…
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New Social Security Guidelines Reveal That 67 Is No Longer Considered Full Retirement Age in the United States
In a significant shift affecting millions of American workers, new Social Security guidelines have established that 67 is no longer regarded as the full retirement age (FRA) in the United States. This…
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Higher Part B Costs to Consume $10.30 of Your Medicare COLA
The recent announcement regarding Medicare’s Part B premium increase has raised concerns for beneficiaries, particularly in light of the projected Cost-of-Living Adjustment (COLA) for Social Security. With a hike of approximately $10.30…
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