West Virginia State

South Carolina State

Missouri State

Money

After the federal government finished sending out the last of its COVID stimulus checks, many states took up the mantle, using special funding and budget surpluses to issue their residents tax rebates in 2022. This "state stimulus check" trend continued last year, with a couple of states sending refunds up to $200 (in Virginia) and rebates up to $1,000 per taxpayer (in New Mexico).

3 States That Are Still Giving Out Tax Rebates

Minnesota State

As many retirees struggle to afford the basics, there's been bipartisan support to exempt Social Security from income taxes. In 2023, Vice President Kamala Harris' new running mate Minnesota Gov. Tim Walz increased the state tax exemption for Social Security benefits. Meanwhile, Former President Donald Trump has called for eliminating...

Harris' running mate Tim Walz cut taxes on Social Security in his state. Here's how it differs from Trump's proposal

CBS News

Washington — A major tax package that would bolster the popular Child Tax Credit and cut taxes for businesses failed to advance in the Senate on Thursday in the face of widespread Republican opposition, despite clearing the House by wide bipartisan margins earlier this year. Known as the Tax Relief for American Families and Workers Act of 2024, the legislation would expand the Child Tax Credit to provide relief to lower-income families. Though it's more modest than a pandemic-era enhancement of the credit, which greatly reduced child poverty and ended in 2021, it could still lift roughly half a million children out...

Senate fails to advance major tax bill that would expand Child Tax Credit

Your article was successfully shared with the contacts you provided. The bill phases out the cap on wages subject to the FICA taxes that fund Social Security. It also would use the Consumer Price Index for the Elderly (CPI-E) to calculate the relevant COLA. Under the bill, the Social Security...

New Social Security Bill Phases Out Payroll Tax Cap

The Motley Fool

Social Security benefits are on pace to get a below-average cost-of-living adjustment (COLA) in 2025

Social Security Benefits Get a Cost-of-Living Adjustment (COLA) in 2025. But There Is a Big Problem for Retirees.

Don't just rely on Social Security to come through for you.

Social Security Benefits Will Increase in 2025 – but This Move Could Put More Money in Your Pocket Than Next Year's COLA

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

McPhersonBuzz News

Understanding the impact of the 2025 COLA increase on work credits for Social Security benefits, alongside potential tax changes like those proposed in “Project 2025”, is crucial for individuals planning their retirement to ensure eligibility and financial security. Understanding Work Credits for Social Security – What to Know About the 2025 COLA Increase According to […]

$1.1 Trillion in Social Security Benefits: Staying Ahead of the Curve with Work Credits and COLA Increases

How does your retirement plan balance stack up?

If You've Got This Much Money in Your 401(k), You're Ahead of the Average Saver

The 2025 Social Security cost-of-living adjustment (COLA) is shaping up to come in lower than this year's 3.2% raise. The most recent estimate puts next year's COLA at 2.63%. While a smaller raise isn't wonderful, the reason behind it is a positive one for Social Security beneficiaries. It's definitely a...

Here's the Very Latest 2025 Social Security COLA Estimate

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Financial Freedom Countdown

As we await the official Social Security cost-of-living adjustment (COLA) numbers, the Senior Citizens League (TSCL) has revised its long-term Social Security COLA forecast for 2025 to 2.63%. While this is an increase from the June 2024 forecast of 2.57%, it might not be enough for seniors struggling to keep up with inflation.

Retirees Brace for 2025 Social Security COLA Forecast as a 2.63% Increase May Not Be Enough

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Florida State

Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

CBS Detroit

Project 2025, a 900-page blueprint for the next Republican president, is gaining attention for its proposals to overhaul the federal government. Among those changes: a major restructuring of the U.S. tax code. President Biden and Democrats have been citing Project 2025 in recent weeks as they seek to highlight what could be in store if former President Donald Trump wins at the polls in November and retakes the White House in January.  Many of the blueprint's proposals touch on economic matters that could impact millions of Americans, as well as social issues such as abortion and diversity, equity and inclusion, or...

Project 2025 would overhaul U.S. taxes. Here's the impact for you.

GOBankingRates

Although Social Security benefits typically increase every year based on the Social Security Administration's cost-of-living adjustment (COLA), the COLA does not always keep up with inflation and/or...

5 States That Would Be Hit Hardest by a Low Social Security COLA Increase in 2025

Even though Social Security's cost-of-living adjustment (COLA) may accomplish something not seen in roughly three decades, this historic benefit increase is liable to come up short for most retirees.

Here's How Much Social Security's History-Making 2025 Cost-of-Living Adjustment (COLA) Is Expected to Increase Monthly Benefits

Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

North Carolina State

Roxboro, NC

Town Talks

According to Travel alot, Roxboro, North Carolina, holds the unfortunate title of the most miserable city in the state. Several factors contribute to this designation, including high poverty rates, low median household income, and high crime rates.

North Carolina City Named The 'Most Miserable' In The State

Morristown, NJ

Morristown Minute

NEWARK, N.J. – Sixteen individuals have been charged in connection with a widespread "grandparent scam" that defrauded elderly Americans out of millions of dollars. The charges were announced by U.S. Attorney Philip R. Sellinger.

16 Charged in Nationwide 'Grandparent Scam'; Millions Stolen

The federal government taxes a portion of Social Security benefits if your income exceeds certain thresholds. Retirees in nine states may be subject to additional income taxes from their state government. With advance planning, it is often possible to reduce the amount of state taxes that you will owe. Social...

Retirees in These 9 States Risk Losing Some of Their Social Security Checks

NewsBreak

Special session on governor’s 5% tax cut proposal remains uncertain

The state Senate Finance Committee chairman continues to consider whether the state could afford another 5% personal income tax, estimated to be about $110 million annually....

Special session on governor’s 5% tax cut proposal remains uncertain

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