News – Page 15
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From the ExpertsThe United States maintains a progressive personal income tax, which means you pay an increasingly higher rate of tax as you make more money.
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Personal Finance
Money Smart Week 2022: A Recap
From April 9 to 16, 2022, the Federal Reserve Bank of Chicago held its annual Money Smart Week public education program. The event offered… -
Retirement
Lifetime Income For Employees Act
Lifetime Income For Employees Act Legislators are responding to Americans’ concerns about running out of money in retirement with a reintroduced bill designed… -
Personal Finance
Economic Uncertainty Boosted Demand for Annuities in 2021
Financial turmoil caused by the COVID-19 pandemic has boosted interest in annuity products for working Americans. Annuity sales in the United States saw… -
Personal Finance
Interest Rate Hikes Are Coming — What It Means for You
Your retirement savings and investments are facing a perfect storm of global financial upheaval. The economic effects of the pandemic, supply chain issues and… -
Personal Finance
IRS Issues Inflation Adjustments for 2022 Tax Year
The Internal Revenue Service recently issued inflation adjustments for the 2022 tax year. Each year, the IRS adjusts over 60 tax parameters to account…