Seniors are bracing for a skimpy increase in their 2026 Social Security benefits, even without all the data that will determine next year’s cost-of-living increase, known as the COLA.
The reason: tariffs.
Half of retirees are “terrified” about the impact of tariffs on their retirement income or savings, and more than 6 in 10 believe rising tariffs will drive inflation beyond what the COLA can cover,
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Since 2022, Republican lawmakers in Congress and state attorneys general have sent letters to major banks,
Investing
According to the Internal Revenue Service (IRS), passive income generally includes earnings from rental activity or any trade, business, or investment in which the individual does not materially participate.
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Megacap growth stocks are making an impact on traditionally blue-chip indexes like the Dow Jones Industrial Average.
The Dow Jones Industrial Average includes 30 industry-leading U.S. companies from a variety of sectors. Despite having far fewer components than the S&P 500 or Nasdaq Composite,
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Kylie Jones, 24, of Evanston, is concerned about Social Security benefits.
“Given the state of Social Security, that may not be a possibility for me in the future.
Social Security payments for the month of September follow a normal schedule. But recipients who were previously overpaid by the Social Security Administration may need to take action to avoid smaller benefit checks.
» Read more about: When do you get your Social Security payment for September? See schedule »
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No matter how much time and effort you put into planning your retirement,
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Warren Buffett turns 95 years old today (Aug. 30). The billionaire investor’s diet, however, has never quite grown up. His devotion for Coca-Cola is well known,
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