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Understanding the Roth Catch-Up Rule: Strategies for Managing Your $7,500 Pre-Tax Contribution in 2025 at High Incomes

The Roth Catch-Up Rule, which allows individuals aged 50 and older to contribute an additional $7,500 to their Roth IRAs, is set to play a crucial role in retirement planning, especially for high-income earners in 2025. As the landscape of retirement savings continues to evolve, understanding how to navigate this rule can significantly impact long-term...
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States Begin Contributing to ‘Big Bill’ SNAP Costs—Households Risk Losing $30 Billion Over a Decade

As states across the U.S. begin to contribute to the costs of the Supplemental Nutrition Assistance Program (SNAP), households are facing the potential loss of up to $30 billion over the next decade. This shift in funding responsibilities comes as federal support for SNAP is being reevaluated, raising concerns among food security advocates and low-income...
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Are You Receiving the Average Veterans’ Disability Benefit of $25,046?

The average annual Veterans’ Disability Benefit currently stands at $25,046, a figure that underscores the ongoing conversation about how the U.S. government supports veterans who have suffered service-related injuries. This statistic, while significant, raises questions about the adequacy of these benefits and how they compare to the actual needs of the veteran population. With around...
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Government Shutdown Impacts: Child-Care Costs Skyrocket and Commuting Expenses Surge in DC Region

The ongoing government shutdown is leaving a significant mark on the Washington D.C. region, with families facing soaring child-care costs and commuters grappling with rising transportation expenses. As federal agencies remain shuttered, thousands of workers are either furloughed or working without pay, causing ripple effects throughout the local economy. According to recent reports, child-care providers...
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