New Jersey State

Social Security benefits got a 3.2% cost-of-living adjustment (COLA) in 2024, but two-thirds of retirees say their expenses have increased more quickly, meaning benefits lost buying power. The Senior Citizens League thinks benefits will get a smaller COLA of 2.6% in 2025, which is particularly bad news for retired workers...

Social Security Benefits Get a Cost-of-Living Adjustment (COLA) in 2025, But the Latest Forecast Is Bad News for Retirees

Arkansas State

FinanceBuzz

While you may pay federal taxes on your Social Security benefits, many states don’t tax them. Here are the 41 states you may want to consider for retirement.

41 States That Don't Tax Social Security

Two estimates reflecting the June inflation numbers project a lower Social Security COLA in 2025 than in 2024. Even with moderating inflation, there's still a big problem for retirees with whatever next year's COLA will be. Step aside, Wimbledon. Forget the summer Olympic games. Many retirees across the U.S. are...

Here's the Latest 2025 Social Security COLA Estimate -- and Why It's Both Good News and Bad News for Retirees

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Business Insider

Retirees explain what it's like to live on Social Security checks and no savings.

Baby boomers living on $1,000 a month in Social Security share their retirement experience: 'I never imagined being in this position.'

GOBankingRates

In a constantly evolving economic landscape, understanding where you stand in terms of income can be both enlightening and essential for financial planning. As the cost of living continues to...

What is the Median Household Income for the Upper Class in 2024?

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

SmartAsset

As you approach retirement, your financial focus shifts. During your working life, retirement is about goals and planning. You decide what kind of lifestyle you want, figure out what kind of income will support that spending, then build a savings and investment plan to reach those goals. That should be your retirement approach at age […] The post I’m 65 With $1.2 Million in an IRA. I’ll Get a $2,900 Monthly Social Security Benefit. What’s My Retirement Budget? appeared first on SmartReads by SmartAsset.

I'm 65 With $1.2 Million in an IRA. I'll Get a $2,900 Monthly Social Security Benefit. What's My Retirement Budget?

California State

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

Chicago, IL

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?

24/7 Wall St.

Interest rate spikes have unexpectedly kept home prices high due to limited supply, as homeowners with low mortgage rates are reluctant to sell. This situation has significant implications for retirement plans, as homeownership is a key wealth-building vehicle for many Americans. The current high costs of buying homes push people towards renting, which lacks the […]
The post Americans Retirement Plans Are Crumbling appeared first on 24/7 Wall St..

Americans Retirement Plans Are Crumbling

Delaware State

Daily Mail

Joe Biden and First Lady Jill have been using their homes as an ATM, taking out multiple mortgages and refinancing their Delaware properties an astonishing 35 times, DailyMail.com can reveal.

Report: The Bidens have been using their Delaware house for fast cash

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The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Virginia State

In Virginia, Drinking in public or offering another person alcohol in a public space is prohibited. This is a class 4 Misdemeanor punishable by a fine of up to $250.00. Under a new law that goes into effect on July 1, this will change to a degree.WDBJ7 reports that the prohibition on drinking or offering an alcoholic beverage to someone else in public will no longer apply under the following conditions.

Drinking in public will no longer be prohibited on private Campgrounds in Virginia beginning July 1

Clarke County, MS

Mississippi News Group

In a tragic turn of events, 14-year-old Chquese Porter has been denied bond following his formal charging as an adult in the shooting death of 12-year-old Caleb Bender. The incident occurred around 1:00 am on June 29th, 2024, at a residence on River Rd near the intersection of Leola St in the Town of Stonewall, according to a press release from the Clarke County Sheriff.

Bond Denied for 14-Year-Old Charged with Murder in Clarke County

Florida State

Considering where to retire involves numerous factors, and one significant consideration should be the tax implications of your chosen destination.

13 Tax Perks That Make Florida the Best State for Retirees

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.

The Motley Fool

The vast majority of people don't reach that goal. Read on to find out how to boost your retirement savings.

How Many People Really Save $1 Million for Retirement?

Pennsylvania State

Bucks County Beacon

With an assassination attempt on Donald Trump at a rally in Pennsylvania on July 13, 2024, the U.S. experienced another violent episode in its increasingly polarized politics. Former President Trump, who’s about to formally become the GOP nominee for president in the 2024 election, survived the attempted assassination when, initial reports said, a bullet grazed his ear . But one rally attendee was killed , more spectators were injured and the suspected gunman is also dead. The Conversation’s politics editor, Naomi Schalit, spoke with University of Massachusetts, Lowell, scholar Arie Perliger after the event. Perliger offered insight from his study of political violence and assassinations. Given the stark political polarization in the U.S., Perliger said, “it’s not a surprise that eventually people engage in violence.”

‘One Inch from a Potential Civil War’? Trump Shooting a Close Call for American Democracy

NewsBreak

Guest Columnist: How Are Schools Funded in New Jersey, And Why Are My Taxes So High?

New Jerseyans love to complain about their property taxes —with some justification. After all, we pay the highest property taxes in the country, with the average...

Guest Columnist: How Are Schools Funded in New Jersey, And Why Are My Taxes So High?

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