Will the reconciliation bill give a tax cut to Social Security recipients? Not exactly
On the campaign trail, President Donald Trump promised to eliminate taxes for Social Security recipients. An ad claims the “One Big Beautiful Bill” — the reconciliation bill he backs — will give them tax relief.
The American Action Network released an ad in 28 congressional districts,
Read MoreSuspending Social Security benefits: What it means and when it makes sense to do so
Social Security doesn’t usually offer a “do-over,” but retirees can turn to this option in a few select cases. For those who find they can get by without their monthly benefit check,
Social Security 20% Cuts Loom Despite Simple Fix — Why Congress Isn’t Acting
The countdown to Social Security benefit cuts is accelerating — and the fix is sitting in plain sight. Without action from Congress, retirees could see their monthly payments slashed by at least 20% by 2034, the year the program’s trust funds are projected to run dry.
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Read MoreFroneman to lead Formula 1 consortium post retirement
NEAL Froneman surprised mining investors on Tuesday declaring he would step into motorsport when he leaves Sibanye-Stillwater, the precious metals miner he founded in 2013.
Asked about his post-retirement plans, he told the London Indaba,
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Read MoreCathie Wood Is on a Buying Spree. Here Are 10 Stocks She Just Bought.
The investing world has taken note that investing legend Warren Buffett has been a net seller of stocks for the past 10 quarters. But it’s worth noting that even amid that shift, he still found stocks he wanted to buy, like Domino’s Pizza and Pool Corp.
Other well-known investors are finding plenty of opportunities in the market today.
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Read MoreThe Burst
1 Inflation-Beating Stock That Passes Buffett’s Test
In times of uncertainty, it can be helpful to tap into the wisdom of Warren Buffett, who was active in the market during the last time inflation was this high in the early 1980s. In his 1982 letter to shareholders, Buffett pointed out that businesses that excel in inflationary environments have two key qualities.
First,
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Read MoreThe Ivy
How Buffett Earns $2.7 Billion From 3 Stocks
It’s no secret that Warren Buffett, CEO of Berkshire Hathaway, has a soft spot for dividend paying stocks. Perhaps more surprisingly is that Buffett keeps a $157 billion cash hoard on the Berkshire balance sheet and refuses to pay a dividend to his own shareholders.
The reasoning is simple, Buffett thinks he and Berkshire can earn a better return on that cash than shareholders can.
» Read more about: How Buffett Earns $2.7 Billion From 3 Stocks »
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