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Fact-Check: Alaska PFD to Be $1,702 in 2024 and Confirmed at $1,000 for 2025 — Find Out Your Payment Date

DavidNovember 3, 2025
Alaska residents eagerly await their annual Permanent Fund Dividend (PFD) payments, a program that distributes a share of the state’s oil revenues to eligible citizens. For 2024, the payout is confirmed at $1,702, marking a significant increase from previous years, reflecting the state’s robust oil income and economic stability. Meanwhile, the payout for 2025 is...

Millionaires Face Higher Social Security Tax as Maximum Earnings Increase to Three Hundred Seventy-Six Thousand Dollars

DavidNovember 3, 2025
The Social Security Administration (SSA) has announced an increase in the maximum earnings subject to Social Security tax for 2024, affecting high-income earners including millionaires. The new cap rises to $376,000, up from $160,200 in 2023, marking one of the largest annual increases in recent years. This change means that individuals earning more than $376,000...

Americans Now Believe They Need 1.7 Million Dollars for a Comfortable Retirement

DavidNovember 3, 2025
Recent surveys reveal that many Americans now believe they need approximately $1.7 million to enjoy a comfortable retirement, a significant increase from previous estimates. This figure reflects shifting perceptions about the rising costs of healthcare, housing, and daily living expenses, alongside concerns over insufficient savings. While traditional retirement planning often suggested lower target amounts, the...

Social Security Fairness Act 2025: Eligibility, Payment Schedule, and Check Amounts

DavidNovember 3, 2025
The Social Security Fairness Act 2025 aims to address longstanding disparities in retirement benefits, particularly for millions of workers who have faced unequal treatment under current laws. Proposed legislation seeks to eliminate the controversial Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which have historically reduced benefits for public employees and teachers who also...

Medicare Premium Increase: Ten Dollars and Thirty Cents of Your COLA Will Cover Higher Part B Costs

DavidNovember 3, 2025
The upcoming Medicare premium adjustment for 2024 will see most beneficiaries facing a modest increase of approximately ten dollars and thirty cents in their Part B premiums. This change is primarily offset by the annual Cost of Living Adjustment (COLA), which increases Social Security benefits—providing a financial cushion for many seniors navigating higher healthcare costs....

The Ideal Side Hustle Threshold: Payments Under $20,000 Don’t Trigger a 1099-K Form

DavidNovember 3, 2025
For many independent workers and small-scale sellers, understanding when and how the IRS requires reporting income is essential to avoid unexpected tax liabilities. A common question revolves around the threshold at which payment platforms like PayPal, Venmo, and other third-party settlement organizations must issue a Form 1099-K. As of recent IRS regulations, transactions totaling less...
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