Tag: Personal Finances

If You’re Retired, or Not: 5 Changes That Will Affect Your Money in 2025

Amid the global turmoil of this young new year comes a flurry of welcome developments that will help many people — especially retirees and those close to retirement — supercharge their savings, cut prescription drug costs, keep more of the money they earn and, possibly, raise their credit scores. Fair warning, though: It’s complicated. The […]

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The Cost of Surviving a Wildfire

Roya Lavasani spent nearly 30 years building a home and business for her family on a Malibu street just off the Pacific Coast Highway. She and her husband, Majid Amirani, owned a four-unit condo, living in one unit and renting out the other three furnished spaces for a total of about $150,000 a year. The […]

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How Unauthorized Immigrants Help Finance Social Security Benefits

The Social Security Administration receives billions in free money each year from an unexpected source: undocumented immigrants. This group paid an estimated $25.7 billion in Social Security taxes in 2022, according to a recent analysis from the Institute on Taxation and Economic Policy, a left-leaning tax research group. Since unauthorized workers cannot collect retirement and […]

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Investing in Stocks and Bonds Will Be Trickier Under Trump

Financial markets have been choppy since the November election, and for good reason. With the next presidential administration promising sharp policy changes on a broad range of economic issues, there is plenty to be nervous about. The new proposals are dizzying. The president-elect says he wants to deport millions of immigrants; impose tariffs on all […]

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