Travis Kelce Plans to Decide on Retirement
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Trump’s new senior bonus can be a valuable retirement-savings tool — and help you save on taxes
President Trump’s One Big Beautiful Bill Act included an enhanced tax deduction worth up to $12,000 for seniors. Now that the bill is law, some financial planners are putting the tax break to a different use — and the strategy could make it worth a lot more.
If your full retirement age for Social Security is 67 and you file for benefits at 62, you'll reduce your monthly payments by roughly 30% -- for life. And that hit to your monthly benefits might end up being more detrimental than expected.
NASCAR star Kyle Busch and his wife, Samantha, recently said they lost more than $8 million after buying a life insurance policy that they claim was pitched to them as a “tax-free retirement plan.” Thanks to Jeff Bezos,
A 34-year-old outfielder is coming off another productive season at the plate, and reportedly has an idea of what he wants to be doing at 35.
If you rely on military retirement income, discover the 13 states that continue taxing those benefits and what that means for your future retirement plans.
Sophie Cunningham is enjoying her offseason, but she remains supportive of her former Indiana Fever teammates.
Most states offer at least one tax break to retirees but some exempt multiple forms of retirement income and eight states have no income tax at all.
“I never thought something like this could happen to us," he said. "These policies were sold to us as part of a retirement plan — something safe and secure that would grow tax-free and protect our family long after racing,” Busch said in a press release.