News - The American Retiree

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The IRS To Change Its Guidelines For Inherited IRAs

It has become more difficult to determine the most efficient way to navigate the tax impact of inheriting individual retirement accounts since the Internal Revenue Service proposed new rules in…

Investing, News, Retirement, Savingsinvestment, Money, Passive income, retirement

How to Start Generating Passive Income

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Passive income is derived from non-active or non-direct activities. The idea of passive income is to make money work for you. You can build passive income in a variety of…

News, Retirement2022, Stimulus, Tax Rebates

18 States Authorized Tax Rebates and Stimulus for 2022

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State governments are responding to rampant inflation and the threat of recession with tax rebates and stimulus checks: In October, California will issue a "middle-class tax refund" worth up to…

News, Retirement, Savingsincome, Social Security, subsidizing, unretiring, working

Is Unretiring in Your Future?

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Increasing prices and more job openings have encouraged retirees to return to work. Known as "unretirement," the trend has rebounded to levels that were common before the pandemic. 68% of…

401K, Employment, Investing, News, Retirement, Savings401, retirement, secure 2.0, student loan

Congress May Soon Offer Retirement Aid for Graduate Students

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House of Representatives passes SECURE 2.0, also known as the Securing a Strong Retirement Act. Several changes have been made regarding tax-advantaged retirement accounts with this bill, but graduates with…

Health, Medicare, News, Savingsbill, drugs, Medicare, prescription

A New Legal Proposal Will Harm Medicare Prescription Drugs

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Several senators are drafting legislation to fix the prices of Medicare prescription medications as negotiations on their tax and spending bill. As Senators are working on a legislative proposal to…

News

Interest Rates Rising Again

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There was an increase of three-quarters of a percentage point to the Federal Reserve's benchmark interest rate target on Wednesday. Due to its decision, the Federal Open Market Committee, which…