Retirement brings plenty of financial decisions, and one of the trickiest is managing required minimum distributions, or RMDs. If you have retirement accounts like IRAs or 401(k)s, you’re likely familiar with RMDs as mandatory withdrawals you must take once you reach a certain age. But understanding the rules, deadlines, and tax implications can be confusing—and…
A new bill that would provide a tax deduction for tips up to $25,000 was approved by the US Senate. If passed into law, this bill would also cover business tax credits for payroll taxes on tips for spa and beauty services. The proposal, which was supported by Texas Republican Senator Ted Cruz, passed unanimously,…
Missing the Medicare open enrollment deadline can feel stressful—especially if December 7 has come and gone. But take a deep breath. You’re not alone, and it’s not always game over when it comes to making changes for your 2025 coverage. Life happens—whether it’s moving to a new home or dealing with a natural disaster—and Medicare…
Retirement should be a time to relax and enjoy life after years of hard work. But let’s be honest—it’s not always easy to trade your regular paycheck for the uncertainty of fixed income and surprise expenses. Many retirees find themselves facing unexpected financial shocks that can throw their plans off course. You’re not alone if…
Following a startling incident involving a black rat snake that shocked a family in Eugene, Missouri, the Missouri Department of Conservation is reminding citizens to thoroughly inspect their vehicles. A black rat snake popped out of the engine compartment and stuck its head out onto the hood of the car while LeAnna Binkley, a local…
Frequent shoppers are both excited and concerned about the nation’s largest warehouse retailer’s announcement of new restrictions on one of its hottest commodities in recent years. Due to the increased demand for 24-karat gold bars, Costco members are now subject to stricter purchasing guidelines. In June 2023, Costco started selling gold bars, which quickly caught…
This family-owned restaurant at Cherry Hill Mall is once again requesting creditor protection in an effort to stabilize its finances. Known for its U-shaped counter in the Macy’s section of Cherry Hill Mall, The Bistro at Cherry Hill is once again dealing with the challenges of Chapter 11 bankruptcy. The restaurant has asked creditors for…
Walmart declared during its quarterly earnings call on Thursday that it would be increasing prices at its stores as a result of the high import tariffs. “Given the magnitude of the tariffs, even at the reduced levels announced this week, we aren’t able to absorb all the pressure,” Stephanie Schiller Wissink, Walmart’s senior vice president,…
The well-known financial company is getting ready to close dozens of branches in multiple states, including two in Connecticut. Customers and impacted communities are worried about these closures, which are scheduled for June 5. According to a 2024 filing with the Office of the Comptroller of the Currency, TD Bank will proceed with its plan…
A city council’s duties include arranging and completing payments, acting as a point of contact for the local government, and advocating for the interests of both the city and its citizens. Creating policies, passing city ordinances, and holding public hearings are examples of additional duties. The selection of influential members of the city council also…
