Senior Citizens

Shocking IRS Update: New 2026 Tax Brackets Slashed for Millions – Here’s How Much You’ll Save

‘No Tax on Tips’ Won’t Help Everyone: D.C. Emergency Tax Bill and State Rules Shrink 2025 Breaks on Overtime and Seniors

As Washington, D.C. scrambles to plug a looming budget hole, a new emergency tax bill is cutting off some of the headline federal tax breaks for tips, overtime and seniors — and it’s a warning sign for workers and retirees across the country who assume those 2025 perks automatically apply in their state. Dateline – November 16, 2025 Americans have spent months hearing about the “no tax on tips” deduction, overtime tax relief and a new $6,000 “senior bonus” deduction included in President Donald Trump’s 2025 One Big Beautiful Bill (OBBB) tax law. On paper, those perks look like a windfall for service workers,

16 November 2025

Retirement Alert: 90% of Americans Are Giving Up Big Social Security Checks (Act Now Before It’s Too Late!)

In short, most retirees are stuck in a cash crunch. They need the income now, even though postponing Social Security would boost their checks permanently housingwire.com cbsnews.com. A survey by Schroders (released Oct. 22, 2025) found 37% say they’ll claim early simply to get money sooner, while 36% fear the program might run out housingwire.com. Deb Boyden (Schroders’ head of U.S. retirement) warns that many Americans are anxious about solvency “and yet so few are willing to hold off” taking benefits housingwire.com cbsnews.com. In other words, fears of a social security crash and living paycheck-to-paycheck have outweighed the math: waiting

24 October 2025

Money Management · Personal Finance · Retirement Planning · Senior Living · Social Security