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Protestors in New York City demonstrate against the push by President Donald Trump and Elon Musk, who leads the so-called Department of Government Efficiency, to gut federal services and impose mass layoffs, Feb. 19, 2025. Michael Nigro/Pacific Press/LightRocket via Getty Images The Trump administration’s purge of federal workers may ultimately amount to the biggest job
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Picture Alliance | Picture Alliance | Getty Images Although a broader window for Medicare enrollment has closed, some retirees have another opportunity to make changes to their coverage. Medicare Advantage open enrollment is available from Jan. 1 through March 31. Medicare Advantage plans are offered by private insurers as an alternative to original Medicare. Generally,
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Elon Musk speaks during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, U.S., Feb. 20, 2025.  Nathan Howard | Reuters A federal judge in Maryland on Monday granted a temporary restraining order barring staffers from Elon Musk‘s secretive government-slashing effort, the Department of Government Efficiency, from accessing the personal information of millions of student loan
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Westend61 | Westend61 | Getty Images There’s a lesser-known tax break for low- to moderate-income Americans who save for retirement. However, most eligible taxpayers don’t claim it, experts say. The retirement savings contributions credit, or saver’s credit, helps offset funds added to an individual retirement account, 401(k) plan or another workplace plan. The tax break
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In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan. Bloomberg | Bloomberg | Getty Images Berkshire Hathaway is committed to its Japanese investments for the long term and has reached an agreement with the companies to own
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In this article 2330-TW CHILX-CL FRDM Follow your favorite stocksCREATE FREE ACCOUNT Investors may want to reduce their exposure to the world’s largest emerging market. Perth Tolle, who’s the founder of Life + Liberty Indexes, warns China’s capitalism model is unsustainable. “I think the thinking used to be that their capitalism would lead to democracy,” she told CNBC’s
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Updated for tax year 2024. Owning a home comes with numerous benefits, and one of them is the opportunity to claim various tax credits and deductions. Let’s look at some ways you can maximize your tax savings as a homeowner this year.  At a glance: Choose between itemizing or taking the standard deduction depending on
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The IRS rejecting your tax return can be a scary thing. Thankfully, it’s usually nothing to be overly concerned about. Let’s examine why your income tax return may be rejected and what to do if you find yourself in that situation. What does an IRS rejected tax return mean? If you get a notice from
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Updated for tax year 2024. You know you can claim your kids on your income tax return. But what if you also support Mom and Dad? Here’s what you need to know about claiming your parents as dependents on your income tax return. Can I claim my parent as a dependent? If you care for
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