Delaware State

A bankruptcy judge will soon decide the outcome of more than $7 billion in liability claims from multiemployer pension plans (MEPPs) against bankrupt Yellow Corp. Discrepancies around the interpretation of Congress’ directives and intentions in a 2021 pension fund bailout package were at the center of a Tuesday hearing in a Delaware courtroom.

Delaware judge to determine fate of pensions’ $7B in claims against Yellow

Republican members of a House committee are still seeking answers over the mismanagement of bailout money distributed to failing pension plans. A Wednesday letter penned by Reps. Virginia Foxx, R-N.C., and Bob Good, R-Va., called on Attorney General Merrick Garland to provide all communications surrounding the Department of Justice’s investigation into more than 60 multiemployer pension plans that were alleged to erroneously include dead plan participants on their special financial assistance applications.

House committee still seeking answers on pension bailout overpayments

The Social Security Administration (SSA) recently announced plans to distribute over $900 million in delayed payments for disabled individuals eligible under the Supplemental Security Income (SSI) program. The substantial sum will recompense eligible individuals who were incorrectly paid less over the past decade. The origins of these underpayments, which total...

SSA to correct underpayments with $900 million distribution

DC News Now

The lawsuit accuses Cash App and its parent company of negligence after some account data was accessed by unauthorized users.

Cash App settlement: Are you eligible to claim up to $2,500?

FinanceBuzz

Whether you're filing your own taxes or you are a professional, understanding what income the IRS doesn’t tax can be very helpful. Here are 10 types of earnings that are not taxed.

10 Types of Income the IRS Will Not Tax in 2024 (Thankfully!)

Polk County, FL

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Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

A historic transfer of wealth is now in motion as trillions of dollars held by older generations are moved down the line. And according to a new report, one under-explored facet of the transfer is just how much money is about to move “horizontally.”. In its 2024 Global Wealth...

$83,000,000,000,000 Transfer of Wealth Kicks Off – With Trillions Shifting To Spouses Before Being Surrendered To Next Generation: Report

The US Sun

YOU might be able to claim some cash from a $5.5 million wine and spirits settlement. You don't need to do anything to get your part of the payment. This lawsuit, initiated by Wiseman Park, LLC ("Plaintiff"), alleges that Southern Wine and Spirits charged excessive late fees on purchasing wine, beer, or liquor, per the settlement website.

Americans can receive one-time payment from $5.5 million overcharge settlement – and you don’t need any proof

rolling out

Purchasing property at a county court tax sale can be an intriguing opportunity for investors and prospective homeowners alike. The allure of acquiring properties below market value is compelling, but the process can be intricate and daunting. Understanding the nuances of these sales is crucial to navigating them successfully. This guide will walk you through the steps of buying property at a county court tax sale, shedding light on the procedures, potential pitfalls and strategic considerations.

How to buy property at a county court tax sale

The Motley Fool

A living trust might seem like something you don't need, but it could benefit you and your heirs in a number of surprising ways.

3 Reasons to Seriously Consider Using a Living Trust to Pass an Inheritance to Your Family

North Carolina State

Durham, NC

A WOMAN fought her tax bill for 2024 after she noticed a dramatic increase in her vehicle's value - it was $1,000 more than last year. Even after the city adjusted her car's value, she appealed the decision again. Shirley Davis, a Durham, North Carolina resident, experienced "sticker shock" when...

My 2018 Honda was taxed like a brand new car years after I bought it – I refused to pay the $252 fee twice & fought back

The Center Square

(The Center Square) – Lawmakers say tens of millions of taxpayer dollars were wrongly set aside for union pension plans, and now they want those funds back.
                U.S. Rep. and Education and the Workforce Committee Chairwoman Virginia Foxx, R-N.C., and Health, Employment, Labor, and Pensions Subcommittee Chair Bob Good, R-Va., sent a letter to the Biden administration Wednesday following up to see what action the administration has taken to recover funds wrongly allotted to multi-employer pension plans.
        ...

Millions of taxpayer dollars wrongly went to union pension plans for deceased Americans

The IRS has issued final regulations on inherited IRAs under the SECURE Act. The rules require most non-spouse beneficiaries to deplete inherited retirement accounts within ten years and take annual Required Minimum Distributions (RMDs). This marks a significant change from the previous lifetime “stretch” withdrawal option. The 10-year...

IRS issues new RMD rules for IRAs

New York City, NY

Cash-strapped Rudy Giuliani has reached an agreement with his bankruptcy creditors on the conditions of his case dismissal, which requires the former New York City mayor to pay $400,000 in administrative expenses. The deal was announced on Wednesday after Judge Sean Lane threw out the bankruptcy case earlier this month....

Rudy Giuliani agrees to last-minute deal to end bankruptcy case, paying out $400k

BGR.com

After suffering two data breaches in recent years, Cash App has agreed to settle a class action lawsuit. As a result, anyone who has had a Cash App account since 2018 is potentially entitled to a payout from Block, the company that runs the mobile payment service.
As the settlement website explains, a class action lawsuit alleged that Block, Inc. and Cash App Investing, LLC “were negligent and breached other obligations to users” when personal data was accessed by unauthorized users on two separate occasions in 2022 and 2023. In 2022, a former Cash App employee accessed account data without permission,...

How to claim your share of Cash App’s $15 million settlement

San Diego, CA

ONE family was left fuming after a car dealership failed to pay them $53,000 but still took the vehicle. According to the family, they were planning on using the money to pay off debts. Jessica Haley and her husband, Brandon, said that in 2023, they sold their GMC Sierra Truck...

I sold my car to a dealership for $53k to pay off a debt – they gave every excuse not to pay but still took the vehicle

Don't assume those benefits will hit your bank account, no questions asked.

Why Your Social Security Payments May No Longer Be Safe

Florida State

With hurricane season posing a consistent threat six months out of the year, who would not like a little help getting their home ready for the harsh weather to come? Senate Bill 7028: My Safe Florida Home Program, approved by Governor DeSantis on April 24, 2024, and effective as of July 1, appropriates a one-time total of $200 million from 2024 to 2025 for the purpose of funding hurricane mitigation grants and inspections, as well as outreach and administration costs, to support homeowners in Florida.

DeSantis Signs New Bill Giving $200 Million To Homeowners

TheStreet

The personal finance radio host warns people about a money problem to avoid.

Dave Ramsey has bluntly honest words on his bankruptcy struggle

Money Week

Tens of thousands of pensioners will be written to over the summer because their pensions have gone above the frozen income tax thresholds

Pensions: 140,000 pensioners to be hit by surprise tax demand

NewsBreak

Yellow’s unsecured creditors frustrated as professional fees mount

Creditors to bankrupt Yellow Corp.’s estate said its advisers are “no closer to a chapter 11 plan” than they were two months ago when a Delaware...

Yellow’s unsecured creditors frustrated as professional fees mount

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