Twenty-four percent of those aged 65 and over live in families that depend on Social Security benefits for 90% or more of their income, according to the AARP Public Policy Institute.
Personal Finance
Taking an early withdrawal from your 401(k) is not only costly in the short term, but it can also jeopardize your long-term retirement goals.
Here’s a list of already-existing benefits that may help you if you find yourself unemployed, in addition to more benefits brought about by the CARES Act.
“There are 4,500 universities, and I think there’s going to be 4,500 ways they’re all going to deal with this,” said Jamie Dickenson, a Certified Educational Planner.
As the coronavirus pandemic took hold this spring, the federal government postponed the traditional April 15 filing deadline until July 15.
To get the answer to “What is my net worth?” subtract your total liabilities from your total assets. If you’re trying to figure out which assets are the most valuable or will otherwise give your net worth a boost, here’s a rundown of 15 critical assets.
The pandemic, however, has made it less convenient to stick to this budgeting method. Many of us are doing more shopping online, and many are avoiding the germs that handling cash may expose us to.
You certainly don’t want to pay for those mistakes the rest of the year. So, to maintain your financial well-being while still enjoying summer, avoid making these money mistakes.
The $600 weekly boost to unemployment benefits is set to expire July 31, but you may be able to collect those funds retroactively.
The salary for the president of the United States is $400,000, while the VP earns $230,700. Although that’s not chump change, some of the politicians who have held these esteemed positions have been able to parlay their time in the White House into millions.
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