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$5 Trillion Increase in Borrowing Cap Approved—Implications for Your 401(k)

DavidOctober 15, 2025

The U.S. Congress has approved a significant increase in the federal borrowing cap, raising it by $5 trillion. This decision comes amid ongoing debates over federal spending and economic management, with implications that could reverberate through various sectors, including retirement savings. Investors and individuals closely monitoring their 401(k) plans may want to pay attention to...

$0 Student Loan Balances: Discover If Your $30,000 Debt Has Disappeared!

DavidOctober 15, 2025

In a surprising twist for millions of student loan borrowers, recent changes in federal regulations have led to the potential elimination of substantial student debt balances. As of October 2023, thousands of borrowers with debt amounts averaging around $30,000 are discovering that their balances may have been reduced to $0. This shift comes in the...

Couples to Benefit from $800 Increase in IRS 2025 Standard Deduction, Reaching a Total of $30,000

DavidOctober 15, 2025

Starting in 2025, married couples filing jointly will see a significant increase in their IRS standard deduction, which will rise by $800 to reach a total of $30,000. This change comes as part of the annual adjustments made by the IRS to account for inflation and is expected to provide substantial tax relief for many...

Could a Shift from $10,000 to $40,000 in SALT Cap Talks Save You Over $2,000?

DavidOctober 15, 2025

Amid ongoing discussions about the state and future of tax policy, a potential increase in the State and Local Tax (SALT) deduction cap from $10,000 to $40,000 has emerged as a significant point of contention. This proposed shift could have a profound impact on taxpayers, particularly those in high-tax states who may stand to gain...

D.C. Minimum Wage Increases to $17.95, Adding $0.45 Per Hour or $936 Annually

DavidOctober 15, 2025

The minimum wage in Washington, D.C., is set to rise to $17.95 per hour, marking an increase of $0.45 from the current rate. This change, effective from July 1, 2024, translates to an additional $936 annually for full-time workers earning minimum wage. The adjustment reflects the city’s ongoing commitment to ensuring that low-income workers can...

Singles to Receive $15,000 IRS Deduction in 2025—Potentially Worth Over $1,650 Based on Tax Rate

Half of Eligible WIC Participants Miss Out on $312 to $936 Annually in Produce Benefits

State Co-Pay Proposals Could Reduce SNAP Costs for Two by Over $50, Bringing Total to $546.

Couples to Benefit from $800 Increase in IRS 2025 Standard Deduction, Reaching a Total of $30,000

Average Household to Receive $2,900 Refund in 2026 Under GOP Plan—But Who Bears the Cost?

$5 Trillion Increase in Borrowing Cap Approved—Implications for Your 401(k)

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$5 Trillion Increase in Borrowing Cap Approved—Implications for Your 401(k)

$0 Student Loan Balances: Discover If Your $30,000 Debt Has Disappeared!

Couples to Benefit from $800 Increase in IRS 2025 Standard Deduction, Reaching a Total of $30,000

Could a Shift from $10,000 to $40,000 in SALT Cap Talks Save You Over $2,000?

D.C. Minimum Wage Increases to $17.95, Adding $0.45 Per Hour or $936 Annually

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Average Household to Receive $2,900 Refund in 2026 Under GOP Plan—But Who Bears the Cost?

Tip Freeze in D.C. Until July 2026 Leaves Thousands Stuck at $10, Resulting in No Base Raise This Year

Singles to Receive $15,000 IRS Deduction in 2025—Potentially Worth Over $1,650 Based on Tax Rate

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