Tag: makemoney | LocalAll

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Willie Morales

Don’t Fall for Tax Myths: 2026 Rules You Need to Know

Tax season is about to get a makeover! New rules for 2026 mean bigger deductions for seniors, breaks on overtime and tips, and even a new car loan perk. But don’t believe every TikTok tax hack—some tips only apply to certain people. If you’re 65+, you could snag up to $6,000 off your taxable income, but it’s not an automatic refund. Double-check what you qualify for and don’t rush—these changes are complicated! #Business #MakeMoney #TaxSeason2026

Joseph Livingston

Can Uncle Sam Really Take Your Social Security?

Here’s a heads-up for anyone counting on Social Security: Uncle Sam can actually dip into your check for certain debts—think back taxes, child support, old student loans, or even if they accidentally overpaid you. It’s not just a scare tactic; these deductions can shrink your monthly budget fast. If you get a notice, don’t ignore it—there are ways to slow or stop the drain, like setting up payment plans or asking for hardship help. Stay alert and keep more cash in your pocket! #Business #MakeMoney #MoneyHacks

Christine Baxter

Jamie Dimon Spills the Tea at Davos

Jamie Dimon, JPMorgan’s big boss, just said he’d happily pay more taxes—if the money actually helped regular folks instead of getting lost in the D.C. swamp. He’s calling out how the rich keep getting richer, while everyone else is stuck hustling. His money lifehack? Double the income tax credit so more cash goes straight to people who’ll actually spend it on real life, not government red tape. Would you trust Washington to deliver? #Business #MakeMoney #MoneyTalks

Emily Rogers

Will Social Security Run Out? Here’s the Real Deal

Quick coffee break scoop: Social Security isn’t about to disappear, but starting in 2033, your monthly check could shrink by about 20% if Congress doesn’t step in. The drama? Lawmakers need to make a move, or retirees might have to tighten their belts. Money hack: If you’re still working, bump up your 401k or IRA, and consider waiting until 67 to claim full benefits. Already retired? Time to review your budget and savings just in case. #Business #MakeMoney #SocialSecurity

Christine Baxter

Costco’s Gas Cashback Just Got a Boost!

Heads up, Costco fans: If you use the Costco Anywhere Visa, your next fill-up at Costco pumps is about to pay off even more. They quietly upped the gas cashback to 5%—that’s an extra $70 a year if you max out the $7,000 cap. The catch? You’ll see those rewards hit your account in February, so keep an eye out. Time to make those Costco gas runs work harder for your wallet! #Business #MakeMoney #CostcoHacks

Willie Morales

Retirement Taxes: What’s New in 2026?

Heads up, retirees and savers: 2026 tax rules just got a makeover. The good news? Some 2017 tax cuts are now permanent, and if you’re over 65, there’s a fresh $6,000 deduction waiting for you. But don’t get too comfy—Social Security can still get taxed if your income’s high enough, and those tax brackets have shifted, so double-check where you land. Holding stocks long-term? You could dodge capital gains taxes entirely. Time to review your numbers and keep more of your nest egg! #Business #MakeMoney #RetirementHacks

Joseph Livingston

What Happens When Your 401(k) Hits $300K?

Ever wondered what to do when your 401(k) finally hits that $300K milestone? Turns out, this is when your money really starts to work for you—think of it like your investments picking up speed on autopilot. The big move now? Don’t just coast. Make sure you’re not putting all your eggs in one basket, and maybe check if it’s time to mix in a Roth or brokerage account for more flexibility down the road. Stay smart, stay diversified! #Business #MakeMoney #RetirementGoals

James Cook

Is Social Security Your Only Retirement Plan?

Quick coffee break tip: Don’t bank on Social Security as your main retirement safety net. Top retirement experts say the system’s running on fumes, and even Congress can’t agree on a fix. The real-life impact? More folks are hitting their golden years with not enough savings and higher bills. The lifehack: Start building your own backup—think extra savings, side hustles, or a portable retirement account. The sooner you start, the less you’ll stress later! #Business #MakeMoney #RetirementHacks

Kathryn Olsen

The Social Security Move That Can Make or Break Retirement

Here’s a money lifehack for your coffee break: when you start Social Security can change your retirement income by hundreds of dollars a month—forever. If you grab those checks at 62, you get less every month for life. But if you wait until 70, your monthly payout could be nearly double! Middle-class folks often rush to claim early to avoid dipping into savings, but that means missing out on bigger, inflation-proof income later. Think of Social Security as your future-proof paycheck, not just a quick cash grab. #Business #MakeMoney #retirementplanning