Why FICA Taxes Are Taken Out Of Your Paycheck
FICA dates back to 1935, the same year the U.S. established the Social Security program. In 1965, FICA was expanded to account for Medicare as well.
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This Cultured European Country Is A Great Place To Retire (And Cheap Too)
Perks like a comparably low cost of living and highly ranked health care system have made this country in southern Europe a popular one with expat retirees.
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Reduce Your Taxes On Social Security With This Generous Tip
The Social Security Administration says ~40% of Social Security recipients pay taxes on their benefits. Here's a way to possibly get into the other group.
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This Scenic Colorado Town Is Gaining A Rep For Its High Cost Of Visiting
This winter city actually has a second high season in the summer, with the busiest days in July and early August, according to its business chamber.
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13 Clever Tricks To Save You Money At Aldi
Shopping at Aldi offers numerous benefits to budget-conscious shoppers including lower costs than other brands and a forgiving return policy.
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Fact Check: Can You Use Employer 401(k) Matching To Pay Off A Student Loan?
This new IRS guidance for 401(k) matching is the result of the SECURE 2.0 Act. It applies to retirement plan years beginning after December 31, 2023.
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Shark Tank's Bombas: Where Is The Company Now?
Chances are you've heard of Bombas. It's, after all, the most successful "Shark Tank" product of all time. However, its success goes beyond numbers.
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The Most Expensive Vacation Spot In New York Isn't New York City
The high price to vacation in this Long Island hamlet isn't so surprising when you consider the median listing price for a home here is $2.8 million.
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The Age You Should Be Aware Of To Claim Survivor Benefits
Like Social Security, survivor benefits amounts depend on a beneficiary's age. The benefit reaches 100% at full retirement age, but spouses can claim it sooner.
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Is ESPN+ Worth The Subscription Price?
With an ESPN+ subscription, it's reasonable to assume this will get you access to everything ESPN in an app. This, however, is not the case.
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Are Uber One Perks Actually Worth The Subscription Price?
Uber One membership has grown by ~25 million since its launch in November 2021. Whether or not the subscription is worth ultimately comes down to use.
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This Popular Michigan City Is One Of The Worst Places To Retire: Report
In a recent WalletHub report, this city ranked 177 out of 182 U.S. cities to retire in, ranking above 100 for affordability, quality of life, and health care.
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You've Been Warned: Beware Of 'Shoulder Surfers' When Using An ATM Abroad
A 2024 report from security software company McAfee found that 28% of travelers have been scammed. This ATM scam is one of the simplest to carry out.
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Take Note: This Widely Used Money Method Could Be Crippling Your Finances
For many, there may come a time when you realize you need help managing your finances. This said, you'll want to ensure the advice is worth it, too.
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Here's When The IRS Is Allowed To Garnish Your Social Security
The IRS can garnish wages, but the revenue service can also garnish Social Security. Keep in mind it has 10 years to collect from the assessment date.
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A Good Copy Of This Cookbook Is Actually Worth A Ton Of Money
Julia Child started cooking in her 30s and studied at Le Cordon Bleu. Two years after publishing her (now collectible) first book, she debuted on TV.
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Shark Tank's Scrub Daddy: How Successful Is The Company Now?
Scrub Daddy is one of the most successful businesses ever to come out of the "Shark Tank" tank. Over 12 years later, the company is still innovating.
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Here's What The 3D 'Sticker' On Your Credit Card Actually Does
To fight fraud, credit cards have various advanced security features embedded, including a shiny "sticker" that's tough for fraudsters to counterfeit.
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A Popular Family-Friendly Restaurant Chain Just Filed For Bankruptcy
Another casual chain filed for bankruptcy protection on Saturday, November 2, 2024, and a major corporate restructuring is expected to follow.
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What Is The 'Bucket Strategy' And How Can It Affect Your Retirement Plans?
This retirement strategy is one way to manage retirement income by way of "buckets" that correspond to short-, medium-, and long-term financial goals.
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How Much Money The US Really Spends On Social Security Every Year
By 2035, Social Security is projected to become insolvent, meaning it won't be able to pay out full benefits. Here's the cost of the program today.
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What Happens To The Mega Millions Jackpot If No One Claims The Money?
Depending on their jurisdiction, Mega Millions winners have between 90 days and a year to claim their prize. Yet sometimes, the winner never shows.
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3 Reasons To Break The Rules And And Take Out A 401(k) Loan
Yes, you can borrow from a 401(k). Though there can be drawbacks, a 401(k) loan is often a better financial option, as you'll be paying yourself back.
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Will The New 2025 Income Tax Brackets And Standard Deductions Affect You?
Each year, the IRS releases new inflation-adjusted tax brackets and standard deductions. In 2025, these adjustments are smaller than in 2023 and 2024.
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The Money-Saving Grocery Store Hack Most Customers Aren't Even Aware Of
The next time you go grocery shopping, if you find that a sale item is out of stock, know that you have an option available to you for future savings.
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When Is The Right Time To Invest In A Spousal IRA?
The spousal IRA (aka Kay Bailey Hutchison Spousal IRA) is a retirement account not everyone may be aware of, but which every married couple should be.
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CFP Explains The Dangers Of Too Much Diversification In Your Portfolio
We asked CFP Shinobu Hindert if over-diversification was possible. She explained how to get the right mix for your portfolio, for your circumstances.
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