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 » Read more about: Warren Buffett is giving away $140 billion to charities. But what happens to the taxes?  »

While many applaud Buffett’s generosity, some point out that giving through family foundations can help avoid estate and capital gains taxes.

Even though he’s spoken out for higher taxes on the wealthy, Buffett once joked he doesn’t send the IRS any extra checks himself.

He’s also highlighted how investment income like his is often taxed less than regular salaries,

 » Read more about: Warren Buffett donates 12 million Berkshire Hathaway shares to children's foundations  »

While few people would claim that divorce is easy, it can be even more difficult if you once counted on your ex-spouse for the lion’s share of income flowing into your home or planned to claim Social Security spousal benefits based on their work record.

However, divorce doesn’t automatically mean that you no longer have access to spousal benefits.

 » Read more about: Getting Divorced and Afraid You'll Lose Social Security Spousal Benefits? Here's What You Need to Know.  »

In less than a decade, your Social Security benefit could plunge by 22%. That alarming truth is the result of the shaky financial ground that the program currently rests upon.

Find out more about why you might lose nearly one-quarter of your benefit and how likely it is that such an event could undermine your retirement plan.

 » Read more about: Millions of Retirees Could See Social Security Reduced by 22% – Here’s Why  »

Although Warren Buffett no longer heads Berkshire Hathaway, its stock trades and positions continue to attract plenty of attention. At one time, nearly half of the conglomerate’s massive stock portfolio consisted of its stake in Apple (NASDAQ: AAPL), and though it has sold a large number of shares, the iPhone maker remains its largest equity position.

 » Read more about: Alphabet vs. Apple: Which Warren Buffett Favorite Is the Better Buy Right Now?  »

BECKY QUICK: You said earlier that this is not a tax reform bill. It’s a tax cut.WARREN BUFFETT: A tax cut.BECKY QUICK: What do you think about it?WARREN BUFFETT: Well, I — I don’t think I need a tax cut.But — for example, the current proposal eliminates the estate tax. And it’s not a death tax.

 » Read more about: Buffett favors an estate tax, but like virtually all billionaires, he won’t be paying it  »

If you’re on Social Security, it’s easy to feel like the program has never been in worse shape than it is today. Average benefits might be at record highs, but checks are losing buying power every year, and we’re only six ways away from a potential 22% benefit cut.This isn’t the first time Social Security has been in a tight spot,

 » Read more about: How Washington saved Social Security in 1983  »

At the end of next week, millions of Americans are due to get an ahead-of-schedule benefits payment from the U.S.’s Social Security Administration (SSA).Who is paid by the Social Security Admin on Friday, July 31?Next Friday, beneficiaries of the Supplemental Security Income scheme (SSI) are to be sent their monthly money for August 2026. Why the early SSI payment?SSI benefits are typically paid out on the first day of each month,

 » Read more about: The Social Security Admin is paying out benefits on Friday, July 31: who gets a payment?  »