Finance

New Social Security payments announced for 2025: Know More About It

New Social Security payments announced for 2025: Know More About It

It would seem reasonable that most Americans are aware of the benefits they would be entitled to in the event of their retirement given the significance of Social Security in their lives, but this does not appear to be the case. According to recent data from the National Institute on Retirement Security (NRIS), only 11% […]

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Yes Bank Q2 results preview: PAT may jump up to 145% YoY, NII seen 23% higher

Yes Bank Q2 results preview: PAT may jump up to 145% YoY, NII seen 23% higher

YES Bank, a private sector lender, announced a 145.6% increase in net profit for the second quarter of FY25 on Saturday. The second quarter of the current fiscal year had a profit of Rs 553 crore, up from Rs 225.21 crore in the second quarter of FY24. At Rs 2,200 crore, net interest income increased

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Here is the 2025 tax brackets: Check Everything You Need To Know!

Here is the 2025 tax brackets: Check Everything You Need To Know!

The IRS revealed hundreds of other elements for 2025, including its inflation-adjusted tax brackets. According to Emory University finance specialist Usha Rackliffe, the largest change from prior years to 2025 is the 2.8% adjustment to income tax bands. “Which is significantly less than prior years,” Rackliffe said. What does this entail for a taxpayer in

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Increase in Social Security check for retirees: Read To Know More About It

Increase in Social Security check for retirees: Read To Know More About It

Social Security Administration announced on October 10 that benefits will increase by 2.5% in 2025, providing much-needed clarification about the cost-of-living adjustment (COLA) for Social Security. Although this increase aligns with earlier projections, some may be disappointed, particularly in light of the COLAs from more recent years. Social Security benefits increased by 3.2% in 2024

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Say Goodbye to this dollar bills at Bank of America! : Here's What You Need To Know

Say Goodbye to this dollar bills at Bank of America! : Here’s What You Need To Know

There has been a noticeable rise in the amount of counterfeit money that is in circulation in the US economy, according to reports from the US Secret Service. Many stores around the country have implemented a new policy allowing them to refuse any damaged bill note since it is more difficult to confirm its validity,

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Bank of America announces branch closures for 3 days – Official dates now available

Bank of America announces branch closures for 3 days – Official dates now available

A government mandate is expected to cause Bank of America, one of the top financial organisations in the country, to temporarily close its branches for three days. Due to the celebration of official national holidays, all financial institutions in the nation will be closed. Customers may experience limited access to banking services during this time,

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IRS wants to change everything in its system by 2025: Know More Here

IRS wants to change everything in its system by 2025: Know More Here

Some members of Congress are pushing the IRS to reevaluate its present identity verification procedures as the agency tries to expand its free online tax preparation service. These politicians feel that the current approach, which requires the use of ID.me, may be unduly restrictive for a large number of filers, and they are calling on

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Unexpected rise in US mortgage rates – Here’s what you’ll pay for a 30-year mortgage

Unexpected rise in US mortgage rates – Here’s what you’ll pay for a 30-year mortgage

This proposal to relax verification standards is part of a larger discussion about how to balance accessibility and security in government initiatives, particularly those that support vulnerable and low-income groups. These legislators want to preserve the essential safeguards against identity theft while increasing the accessibility of the Direct File program for the taxpayers it is

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