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401(k) Contribution Limit Surges to $23,500 for Employees in 2025
The Internal Revenue Service (IRS) has announced a significant increase in the annual contribution limit for 401(k) retirement plans, setting the maximum employee contribution at $23,500 for the 2025 tax year. This…
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Taxpayer Alert: The ‘One Big Beautiful Bill’ Could Increase the National Debt by Three Point Four Trillion Dollars
Amid ongoing debates over federal fiscal policy, a recent legislative proposal dubbed the “One Big Beautiful Bill” has sparked concern among economists and policymakers alike. Critics warn that if enacted as currently…
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Lincoln Wheat Penny Valued at $144,000: Is It Still in Circulation?
A rare Lincoln Wheat Penny has recently captured the attention of coin collectors and enthusiasts nationwide, with a recent auction valuing the dime-sized piece at approximately $144,000. This penny, minted in 1909,…
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Maximize Your Earnings: Claim Tax Deductions on Up to $25,000 of Overtime Pay in 2025
For many American workers, earning overtime pay can significantly boost annual income, but the tax implications can sometimes diminish these gains. Starting in 2025, eligible employees may be able to reduce their…
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Amazon Rewards Long-Standing Employees with a $1.90 Hourly Pay Increase This Month
Amazon announced this month that it will be providing a $1.90 hourly pay increase to its long-standing employees, a move that marks a notable step in its ongoing efforts to improve workforce…
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How the Government Shutdown Will Impact SNAP Benefits and Food Stamp Support
The looming threat of a government shutdown has sent ripples through various federal programs, with Supplemental Nutrition Assistance Program (SNAP) benefits and food stamp support among the most vulnerable. If Congress fails…
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