Government

Covering New Tax Proposals From the “Project 2025” Agenda

Project 2025, a policy blueprint developed by the Heritage Foundation, has stirred significant attention due to its controversial tax proposals. This 900-page mandate from the conservative think tank outlines profound changes that could fundamentally alter the federal government, including the tax system. Here's what you need to know about Project 2025 and its potential impact [...]

By |2024-08-23T14:10:31-04:00August 19th, 2024|Blog, Government, Tax Planning, Taxes|

The National Debt Ceiling and How it Could Affect You

What is the Debt Ceiling? The national debt ceiling is the amount of money that the United States Government is allowed to borrow to pay for its expenses. These expenses include things like Social Security and Medicare benefits, tax refunds, military salaries, and interest payments on outstanding debt the nation may have. The United States [...]

By |2023-07-03T10:02:28-04:00July 3rd, 2023|Blog, Government|

Secure Act 2.0 Passes Congress: What You Need to Know

Exciting news! The US Congress has approved the SECURE Act 2.0 under an omnibus act, which involves a series of alterations to the retirement system. These modifications are an extension of the Secure Act of 2019 and are contained in the $1.7 trillion omnibus bill, which is anticipated to get signed into law by President [...]

By |2023-07-11T19:09:38-04:00January 17th, 2023|Government, Retirement Planning|

Is Our Government Anticipating Inflation?

The Consumer-Price Index (CPI) rose to 4.2% in April as compared to last year.[1] We could see higher prices when it comes to travel, food, cars, and other common goods and services. High inflation can hurt retirees who are living off their savings, especially when we have near-zero interest rates. We already see bigger Social [...]

By |2021-06-07T03:56:25-04:00June 7th, 2021|Economy, Financial Planning, Government|
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