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Author: Medora Lee, USA TODAY

Money

Social Security benefits are rising, but so are the taxes. Here’s why.

March 16, 2023 Medora Lee, USA TODAY Comments Off on Social Security benefits are rising, but so are the taxes. Here’s why.

Each year, more Social Security recipients owe tax on benefits because income thresholds haven’t ever been adjusted for inflation. This hurts seniors.

Money

Is it possible to avoid student debt? These career, education tracks offer a different path

March 15, 2023 Medora Lee, USA TODAY Comments Off on Is it possible to avoid student debt? These career, education tracks offer a different path

Times have changed, and you can find a different path to high-paying careers without accumulating mountains of student debt. Here’s how.

Money

Social Security is one tax you won’t have to pay anymore this year if you’re a millionaire

March 10, 2023 Medora Lee, USA TODAY Comments Off on Social Security is one tax you won’t have to pay anymore this year if you’re a millionaire

Millionaires finished paying their Social Security tax last month, but most Americans will still be paying until the end of the year. Here’s why.

News

These states want a cut of your Social Security check. Do you live in one of them?

March 8, 2023March 8, 2023 Medora Lee, USA TODAY Comments Off on These states want a cut of your Social Security check. Do you live in one of them?

Most states don’t tax Social Security benefits, but some do. Here’s which ones they are, and how they might do it.

Money

Use it or lose it: If your employer gave you more time to spend your FSA money, the time is now.

March 3, 2023 Medora Lee, USA TODAY Comments Off on Use it or lose it: If your employer gave you more time to spend your FSA money, the time is now.

FSA spending and claims deadlines are near. If you have money left in your FSA account, now’s the time to use it or lose it. Here’s what to know.

News

Regardless of SCOTUS decision, 25 million people will have to repay student debt. Here’s how to prepare.

February 28, 2023February 28, 2023 Medora Lee, USA TODAY Comments Off on Regardless of SCOTUS decision, 25 million people will have to repay student debt. Here’s how to prepare.

Regardless of the Supreme Court’s decision on student debt forgiveness, 25 million Americans will restart payments by fall. Here’s how to prepare.

Money

Extra SNAP benefits are ending. Here’s what you can do to offset the loss.

February 28, 2023February 28, 2023 Medora Lee, USA TODAY Comments Off on Extra SNAP benefits are ending. Here’s what you can do to offset the loss.

The pandemic-era boost to food stamps ends this week as food prices remain high. Here are some things you can do to try to make up for the loss.

Money

Tax diversification can help you save. Here’s what to consider with your retirement funds.

February 27, 2023 Medora Lee, USA TODAY Comments Off on Tax diversification can help you save. Here’s what to consider with your retirement funds.

401(K) and IRA contributions provide tax deductions now, but how do they affect your taxes in retirement? It depends on the kind of accounts you have.

Money

SNAP benefits in 2023 to end extra cash for food benefits provided during the pandemic

February 26, 2023February 26, 2023 Medora Lee, USA TODAY Comments Off on SNAP benefits in 2023 to end extra cash for food benefits provided during the pandemic

Millions of Americans in 32 states will see their extra pandemic boost to SNAP benefits expire at the end of February.

Money

Is there a federal inheritance tax? How much inherited money is taxed state-by-state.

February 20, 2023 Medora Lee, USA TODAY Comments Off on Is there a federal inheritance tax? How much inherited money is taxed state-by-state.

Inheritance taxes are rare and can surprise you after a loved one dies. Here’s what to know about how they work, who pays them, and how to avoid them.

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Headlines

A State Department office is giving young people a voice. Abby Finkenauer is leading the effort

August 31, 2023 Rachel Looker, USA TODAY

Gadget guru or digitally distracted? Which of these 5 tech personalities are you?

August 31, 2023 Jennifer Jolly

U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’

August 31, 2023 Kim Hjelmgaard, USA TODAY

These kids are good: Young Reds in pursuit of a pennant stretch to remember

August 31, 2023 Bob Nightengale, USA TODAY

PCE inflation report: Key measure ticks higher in July. What will the Fed do?

August 31, 2023August 31, 2023 Paul Davidson, USA TODAY

Blue supermoon: See photos of the rare moon that won’t happen again until 2037

August 31, 2023 Francisco Guzman, USA TODAY

1 dead, 18 injured after collision between car, Greyhound bus in Maryland, police say

August 31, 2023 Emily DeLetter, USA TODAY

College professor harassed students to quench ‘clown fetish,’ offering extra credit, cash

August 31, 2023August 31, 2023 Chris Quintana and Colin Campo, USA TODAY

USA TODAY Sports staff makes college football picks: Check out the predictions for 2023

August 31, 2023August 31, 2023 USA TODAY

Many homeless among dead in fire in Johannesburg, South Africa

August 31, 2023 AP
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