Elizabeth O'Brien

1 month ago | barrons.com | Elizabeth O'Brien

The megabill the House of Representatives passed on Thursday includes a bunch of provisions that will affect retirees’ finances, with a notable absence: No tax breaks on Social Security.

1 month ago | barrons.com | Elizabeth O'Brien

The House of Representatives handed President Donald Trump a major victory by passing its One Big Beautiful Bill Act early Thursday morning. The legislation contains a slew of tax breaks for individuals, a bigger SALT tax deduction, Medicaid cuts, and immigration spending measures—but no Social Security tax cuts, a Trump campaign promise.

1 month ago | barrons.com | Elizabeth O'Brien

Market Anxiety Is Running High. How to Secure Your Retirement Portfolio. These moves can help protect and grow your nest egg, whether you’re already retired or still in the workforce. Retirement planning always involves peering into a crystal ball, but the outlook seems murkier than ever.

1 month ago | barrons.com | Elizabeth O'Brien

The GOP’s Tax Cuts Would Fray America’s Safety Net. Medicaid Is Up First. House Republicans aim to cut spending by $2 trillion. Slashing Medicaid, Medicare, and Social Security would hit the most vulnerable. The Farina family was relieved when their matriarch, Gloria, qualified for Medicaid in 2023 after a grueling application process. The support allows Gloria, 91, to remain at her assisted-living facility near Atlantic City, N.J., where she receives excellent care.

1 month ago | barrons.com | Elizabeth O'Brien

The Farina family was relieved when their matriarch, Gloria, qualified for Medicaid in 2023 after a grueling application process. The support allows Gloria, 91, to remain at her assisted-living facility near Atlantic City, N.J., where she receives excellent care.