Glenda West was hoping to retire in comfort with her wife, Juliana. Yet like many Americans, the 60-year-old has seen her retirement plans thrown out of whack by the coronavirus pandemic. “We had a clear plan on how much to put away every year,” said West, who owns a small construction company with her wife
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President Donald Trump speaks on the “Rebuilding of America’s Infrastructure: Faster, Better, Stronger” in Atlanta on July 15. Jim Watson | AFP | Getty Images Your paycheck could get bigger if the White House gets its way. President Trump said this week that he won’t sign the next coronavirus relief package into law if it
Senate Majority Leader Mitch McConnell, R-Ky., indicated the $600 weekly enhancement to unemployment benefits won’t be in the next coronavirus relief package. Photo by Stefani Reynolds/Getty Images Paid not to work Lawmakers intended the $600-a-week supplement to fully replace lost wages for the average American. In other words, someone who lost a job would be
As Covid-19 cases continue to rise and businesses struggle to adapt to their new normal, many Americans are stepping up to help people in their communities. From personal gestures to financial contributions, experts say giving back in many ways — big and small — can have a significant impact on your own well-being, emotionally and
Brenda Pickens and her late husband, Howard. Source: Brenda Pickens It wasn’t supposed to happen this way. When 63-year-old Howard Pickens died suddenly of complications from Covid-19 in March, his wife Brenda was stunned. Not only had she lost her companion of almost three decades, she now had to figure out how to get by
Yellow Dog Productions | Getty Images Medicare might become a bit easier to navigate. A congressional measure that would help prevent costly enrollment mistakes cleared a House committee on Wednesday as part of a group of bipartisan-backed health-care bills. The next step would be a vote by the full chamber, although it’s uncertain when that
Jose Luis Pelaez Inc IRA savings and deductions If you have the cash — and access to your IRA custodian — you can still put money in your account today. Aside from bolstering your retirement savings, you may cut your taxes for 2019. “If you qualify, you can get a deduction of up to $6,000
The Covid-19 unit at United Memorial Medical Center in Houston. MARK FELIX Medicare is often referred to as a maze. The various deadlines for signing up may have something to do with that. While turning 65 makes you eligible for Medicare, not everyone will follow the same path to enrollment. Some beneficiaries are automatically signed
ljubaphoto “This year’s July 15 filing date is considered a disaster-related postponement of the filing deadline,” said IRS spokesman Eric Smith. “Where a disaster-related postponement exists, the IRS is required by law to pay interest, calculated from the original April 15 filing deadline, as long as an individual income taxpayer files a 2019 tax return
Treasury Secretary Steven Mnuchin speaks during the daily Covid-19 briefing in the Brady Briefing Room of the White House on April 21. Mandel Ngan | AFP | Getty Images The Treasury Department is canceling the stimulus payments it distributed to dead people, according to the IRS. “The Bureau of Fiscal Services has canceled outstanding Economic