Why the ACA subsidy cliff is a ‘phantom tax’ — and how to avoid it

[ad_1] Andresr | E+ | Getty Images The so-called subsidy cliff for Affordable Care Act health insurance premiums is about to return in 2026. But there are steps households can take to avoid the cliff — and potentially save thousands of dollars on premiums next year, according to financial planners. The subsidy cliff refers to … Read more

Furloughed federal workers face threat of no back pay from shutdown, despite 2019 law requiring it

[ad_1] Commuters cross the street near the Federal Aviation Administration (FAA) headquarters on October 1, 2025 in Washington, DC. Al Drago | Getty Images News | Getty Images Government shutdowns have historically been an precarious time for federal workers, both for those required to remain on the job without pay and those furloughed. This shutdown … Read more

$7 trillion ‘wall of cash’ worry is looming for investors once Fed interest rate cuts start

[ad_1] This may not be an era in which Americans are awash in physical currency fattening their wallets, but we are awash in cash parked inside accounts that have been generating attractive yields thanks to Federal Reserve interest rate hikes to combat inflation. There is a record amount of cash in money market funds, roughly … Read more

‘Big beautiful bill’ may help some seniors on Social Security. But it doesn’t eliminate taxes on benefits

[ad_1] Republican presidential nominee former President Donald Trump speaks at a campaign rally in Asheville, N.C., Wednesday, Aug. 14, 2024. Matt Rourke | AP The Social Security Administration sent what experts say is a misleading email to consumers last week, describing President Donald Trump‘s “one big beautiful bill” as “long-awaited tax relief to millions of … Read more

What Trump’s ‘one big beautiful’ tax-and-spending package means for your money

[ad_1] U.S. House of Representatives Speaker Mike Johnson and other Republican House members celebrate following the signing of U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 3, 2025. Jonathan Ernst | Reuters How to read this guide Follow along from start to finish, or use the … Read more

What the Senate Republican tax-and-spending bill means for your money

[ad_1] Senate staffers rest on the U.S. Capitol steps at sunrise as Republican lawmakers struggle to pass U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Nathan Howard | Reuters How to read this guide Follow along from start to finish, or use the table … Read more