Vishal Negi
Saving for retirement with a 401(k) plan is one of the simplest ways to prepare for your future. With the IRS changes in 2025 for 401(k) plans, this employer-sponsored plan becomes even more beneficial. It allows automatic paycheck deductions making contributions hassle free. Plus, these contributions are tax deductible and many employers even match a … Read more
Tax season is around the corner and understanding when you’ll get your Earned Income Tax Credit (EITC) refund can help you plan ahead. The IRS has outlined key deadlines for processing EITC refunds in 2025 so eligible taxpayers can receive their payments without confusion. Here, we break down the process, expected timelines and what to … Read more
The Social Security payment schedule plays a vital role in the financial planning of millions of Americans especially retirees who depend on these benefits. Social Security With Donald Trump returning as president many people are wondering if there will be any changes to the timing of these payments. Let’s clarify: the presidency change does not … Read more
Immigrants including those who entered the United States without legal authorization, have significantly contributed to the Social Security system. In 2022 alone migrants paid $25.7 billion in Social Security taxes despite being ineligible to collect retirement benefits due to their immigration status. Their contributions play a vital role in supporting Social Security and ensuring it … Read more
Donald Trump’s plan to deport millions of immigrants living in the US illegally could have serious financial consequences. One major concern is its potential effect on Social Security a critical program for millions of retired Americans. The Role of Immigrants in Social Security Funding Social Security is largely funded by payroll taxes paid by American … Read more
There’s going to be a big change to the Social Security retirement age in 2025. This change applies to people who will soon qualify to collect 100% of their retirement benefits, though. Let’s explore what this change is and what it means for you. What is the Full Retirement Age (FRA)? Full retirement age (FRA) … Read more
Millions of Verizon customers are set to receive compensation following a $100 million class action lawsuit addressing hidden charges imposed by the company. If you’re wondering about your eligibility, payment details, or timelines for receiving funds, this guide is for you. Let’s explain it in simple terms step by step. What is the Verizon class … Read more
California is rolling out its new stimulus checks for Californians of up to $725 in January 2025 providing much needed financial relief to eligible families. These payments part of the Sacramento Families First program aim to help families who are struggling to meet expenses and promote equality across the state. Eligible families will receive $725 … Read more
Millions of working class Americans are feeling the squeeze of rising living costs. From skyrocketing rent to expensive groceries life is getting harder for many. Yet and former President Donald Trump has remained mostly quiet on the issue even as he campaigns for the 2024 presidential race. Why isn’t Trump addressing the cost-of-living crisis? And … Read more
As the 2025 tax season approaches Americans need to get their paperwork ready to ensure a smooth filing process. One critical document to keep in mind is the IRS W-2 form. Employers are required to provide this form to employees and submit it to the IRS and Social Security Administration (SSA) by Friday, January 31, … Read more