A mobile billboard in Washington, D.C., calling for higher taxes on the ultra-wealthy depicts an image of billionaire Jeff Bezos on May 17, 2021. Drew Angerer | Getty Images In 2026, earnings up to $184,500 are subject to Social Security payroll taxes. As of Monday, individuals with $1 million in annual wage and salary earnings…
Westend61 | Westend61 | Getty Images A system designed to help small 401(k) balances follow workers to their next job is running into a snag: Roth accounts. The Portability Services Network, a coalition of large 401(k) administrators — including Fidelity Investments, Vanguard Group and Alight Solutions, among others — in conjunction with Retirement Clearing House,…
The Labor Department reported on Friday that 92,000 jobs were lost in February, as the unemployment rate rose to 4.4%. The unemployment rate for women held steady at 4.1% for the first two months of the year, according to the latest data from the Bureau of Labor Statistics. Still, the sharp rise in the number of…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The Labor Department says 92,000 jobs were lost in February, which raised the overall unemployment rate to 4.4%. Women faced a challenging month and the jobs data highlights a widening split int he K-shaped economy – not only by income, but also…
James Vandall, 25, said his interest in becoming an electrician first sparked, so to say, when workers were recently redoing the wiring on the third floor of his home. “I asked them how I could go about getting into that trade,” he said. Part of the appeal, he said, was working with his hands. “Initially,…
Lifestylevisuals | E+ | Getty Images When it comes to buying a house, affordability continues to slowly improve. U.S. households that have a median income — an estimated $86,300 — and enough money for a 20% down payment can now afford a $331,483 home, up $30,302 from $301,181 a year ago, according to a new…
Tony Anderson | Digitalvision | Getty Images The average tax refund is 10.6% higher so far this season, compared to roughly the same period in 2025, according to the latest IRS filing data. As of Feb. 27, the average refund amount for individual filers was $3,742, up from $3,382 about one year ago, the IRS reported on Friday. The…
J. David Ake | Getty Images News | Getty Images A series of policy changes in the so-called “big beautiful bill” are undermining the Affordable Care Act marketplace, in ways that may at first seem relatively subtle but which add up to a major change, health policy experts say. That, in turn, has important implications…
Pnc | Stockbyte | Getty Images Millions of taxpayers have already filed to claim President Donald Trump‘s new “no tax on overtime” deduction. But some filers could risk errors on their tax return, experts say. Enacted via Trump’s “big beautiful bill,” the overtime tax break allows certain workers to deduct up to $12,500 for single…
A plume of smoke rises after a strike in Tehran, Iran, Monday, March 2, 2026. Mohsen Ganji | AP Concerns about the Iran war and fears of slowing U.S. economic growth have contributed to volatility in financial markets, prompting some investors to worry about how to keep their money safe and where to find stable…