News Powered By AI
News Powered By AI
Financial advisors now recommend retirees maintain 40-80% equity exposure rather than the historically conservative 30% to ensure portfolios last through retirement and combat inflation risk.
The U.S. Treasury Department issued proposed regulations allowing employers to contribute pretax dollars to Trump Accounts for employees’ dependent children, with up to $2,500 annual employer contributions permitted.
Social Security’s 2027 cost-of-living adjustment could reach 3.4% to 3.6%, according to new estimates based on inflation data released this week, down from earlier projections as inflation moderates.
Trump administration officials have suggested potential tax breaks for homeowners selling primary residences, but experts say legislative action before midterm elections is unlikely.
Rep. Alexandria Ocasio-Cortez announced she is freezing her eggs, highlighting the procedure’s significant cost. A single cycle typically ranges from $10,000 to $20,000, with insurance coverage remaining uncommon.
Criminals are using AI to pinpoint holiday locations from vacation photos posted on social media, then leveraging that information to make phishing scams more credible by referencing the specific travel destinations.
