Here's SMI's Money Roundup for an Autumn day! We hope you find these articles to be interesting and helpful.
IRS provides tax inflation adjustments for tax year 2024 (IRS news release). The standard deduction is rising, and the tax brackets will have new thresholds and ceilings.
Stock funds dropped 4% in October (Wall Street Journal). It was a rough month across the board.
Moody's lowers U.S. credit-rating outlook to negative, warns 'fiscal deficits will remain very large' (Bloomberg via Fortune). "Downside risks to the US' fiscal strength have increased..."
How to become a millionaire (Ben Carlson, A Wealth of Common Sense). "Life might be easier if you could become rich overnight, but building wealth slowly is more realistic."
Should you buy disability insurance through work? (Wall Street Journal). About two-thirds of U.S. companies offer workers the option to buy disability insurance.
Consumer Bureau seeks to supervise digital payment apps (New York Times). A proposed rule would subject Google Pay, Apple Pay, PayPal, and others to the same scrutiny banks face.
The fun things in life are giving us buyer's remorse (Wall Street Journal). "Make memories by paying for experiences." That's common advice. But when is the experience not worth the money?
Don't go cheap on these home maintenance tasks (Clever Dude). Heed the old warning about being penny-wise but pound-foolish.
Confused about Health-Savings Accounts? Here's what to know (Wall Street Journal). "These accounts remain an enigma for many Americans."
Generosity is an act of trust (Art Rainer via FaithFi). "God uses giving to mold your heart into a heart that trusts him more."
Veterans Day deals, perks and freebies (Kiplinger). If you're a vet, here's news you can use!
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