Trump promised no taxes on Social Security benefits. It's too soon to plan on that change, experts say

Even with Trump win and a Republican majority, plans to nix taxes on Social Security benefits may still face hurdles.

Business - CNBC - 6 hours ago

Trump's Social Security plan could lead to 33% benefits cut: Analysis

Donald Trump's plans could undermine Social Security's financial stability and lead to a large benefits cut, nonpartisan think tank says.

Trump plan would make Social Security insolvent in just 6 years, budget group says

Republican Donald Trump and Democrat Kamala Harris have both vowed not to cut the popular government programs Social Security and Medicare.

Business - CNBC - October 21

Health savings accounts offer investors 'unmatched' tax benefits, expert says. Here's how to take advantage

Health savings accounts offer tax and saving benefits, but most Americans don't understand them

Business - CNBC - October 23

Social Security funds could run out in 6 years under Trump plans: Analysis

Social Security’s trust fund reserves could be depleted as early as 2031 under former President Trump’s proposals, several years earlier than recent projections, according to an analysis from the ...

Politics - The Hill - October 21

Trump's economic plan could speed up Social Security insolvency, analysis suggests

A new analysis suggests former President Donald Trump's economic proposals, should he win the election, could speed up when the Social Security trust fund runs out of money. This is according to a ...

Will Social Security be solvent under Trump or Harris?

Social Security is under threat regardless of who wins the election, but an analysis says Trump's agenda would drain the fund more quickly than Harris' plan.

How Trump Could Bankrupt Social Security

Retirement benefits for millions of Americans are on the line.

Top stories - The New York Times - October 24

Some workers qualify for a maximum Social Security retirement benefit. But even people with moderate earnings can increase their checks

A 2.5% cost-of-living adjustment in 2025 will push Social Security benefits up for all beneficiaries, including high earners.

Business - CNBC - October 17

Trump promises tariffs to help pay for economic plans

Former President Donald Trump addressed the Economic Club of Chicago and doubled down on applying tariffs to help pay for the costs of his proposed economic plan. Trump affirmed tariffs will keep ...

UK savings plans overhauled with planned pension tax changes

Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regime

Business - Financial Times - 6 days ago

The Election Is Happening Too Soon

When we all think we’re right, we stay perennially stuck in place.

Top stories - The New York Times - October 24

‘No social life, no plans, no savings’: Americans aren’t reaping benefits of booming US economy

While some were optimistic about stabilizing costs, others told the Guardian high prices continue to squeeze finances. Experts seem to agree the US economy has been on the upswing in 2024. A wave ...

World - The Guardian - 2 days ago

The Deciders: Nevada workers skeptical over Harris and Trump’s ‘no tax on tips’ promise

NBC News Correspondent Steve Patterson joins Meet the Press NOW to report on how Nevada’s service and hospitality workers are reacting to Vice President Harris and former President Trump both ...

Politics - NBC News - October 17

Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.

Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.

Business - The New York Times - October 17

Mike Johnson promises ‘massive’ healthcare changes if Trump wins

House speaker’s comments could help Kamala Harris who outpolls Trump on healthcare in battleground states. US elections live – follow updates Vice-President Kamala Harris may have received ...

World - The Guardian - October 30

Trump and Harris pledged to save Social Security. Here's what they'll do.

Vice President Harris and former President Trump have both vowed to protect Social Security, but experts say both of their campaign platforms fall short of specific solutions for a program that ...

Politics - The Hill - October 23

Headlights are too bright! But US experts say they’re not bright enough

Driver complaints about high beams are commonplace, though specialists say US roads need to be better lit. A few weeks ago, I was driving along a dark road at night. Suddenly, I couldn’t see. The ...

World - The Guardian - 6 days ago

Trump Brags About His Math Skills and Economic Plans. Experts Say Both Are Shaky.

In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.

Business - The New York Times - October 15

I’m single, retired and saved $2.3 million, but I’m still planning to take my Social Security early. Is that a stupid decision?

“If I take it now, my monthly distribution will be $2,500.”

Business - MarketWatch - 4 days ago

Here's how Harris and Trump's tax plans would impact your taxes

Harris and Trump both have proposed historically large tax overhauls. Here's what to know.

Trump Media closes in the red on Election Day, giving up earlier rally

Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.

Business - CNBC - Yesterday

Stanley Druckenmiller says he's 'licking my wounds' from selling Nvidia too soon

In an interview with Bloomberg on Wednesday, billionaire investor Stanley Druckenmiller said selling his Nvidia stock this year was a "big mistake."

Business - CNBC - October 16

Inheritance tax changes sound ‘death knell’ for family businesses, say owners

Chancellor Rachel Reeves’ first Budget has caused alarm

World - Financial Times - 6 days ago

The EU thought it had a new migration plan. But many leaders say it may be too little, too late

European Union leaders are using a summit to seek ways to make the bloc a more hostile destination for migrants and asylum seekers

World - ABC News - October 17

Trump proposes eliminating the income tax. Here's what experts think.

Experts cast doubt on whether the lost revenue could be replaced with tariffs.

Here's who would benefit from Trump's proposed tax break on car loan interest

A tax deduction on car-loan interest proposed by former president Donald Trump would likely benefit wealthier taxpayers who buy expensive cars, experts said.

Business - CNBC - October 14

These stocks could benefit from Trump’s election victory, B. Riley says

Trump’s victory could benefit a host of stocks from sectors such as coal mining, fintech, cryptocurrency and for-profit education, says B. Riley Securities.

Business - MarketWatch - 10 hours ago

If Musk and Trump want to cut federal spending by $2 trillion, they’ll have to come for Social Security and Medicare

Musk is talking big cuts. Something’s got to give.

Business - MarketWatch - October 29

Harris and Trump need to win over older voters on more than just Social Security and Medicare

This election, older voters are worrying about issues that may not seem to directly affect them.

Business - MarketWatch - Yesterday

RFK Jr. says Trump promised him 'control' of public health agencies

Robert F. Kennedy Jr. said Monday that former President Trump has promised him “control” of public health agencies, including the Department of Health and Human Services (HHS) and the Department of ...

Politics - The Hill - October 30

Year-end Roth IRA conversions are popular — but don't wait too long, financial experts say

If you're weighing a year-end Roth IRA conversion, waiting too long could be risky, financial experts say. Here's what investors need to know.

Business - CNBC - October 29

North Korea boasts of 'the world's strongest' missile, but experts say it's too big to use in war

North Korea is boasting that its new intercontinental ballistic missile is “the world’s strongest,” a claim seen as pure propaganda after experts assessed it as being too big to be useful in a war ...

World - ABC News - 5 days ago

Here’s what can stall Trump’s tax and tariff plans

Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.

Business - MarketWatch - 9 hours ago

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