Kimberly Lankford

1 day ago | theepochtimes.com | Kimberly Lankford

6/26/2025Updated: 6/26/2025By Kimberly Lankford From Kiplinger’s Personal FinanceOn the campaign trail last year, President Trump vowed that he would eliminate taxes on Social Security benefits, and it’s still one of several potential tax changes on the table. Here’s how taxes on Social Security benefits currently work, who has to pay them, steps you can take to reduce the taxes, and what you can do to bypass an unpleasant surprise at tax time.

4 weeks ago | kiplinger.com | Kimberly Lankford

Depending on your health insurance policy, you may have noticed that you need to get permission from your insurer before it will pay for a medication, treatment or procedure your doctor prescribes — even if it’s covered by your plan. This extra step, called prior authorization, is becoming more common with most types of health insurance, including Medicare Advantage, employer coverage and individual plans sold through HealthCare.gov or your state health insurance marketplace.

1 month ago | money.usnews.com | Kimberly Lankford |Barri Segal |Liisa Rajala

Key Takeaways Trump's tax bill, which the House passed on May 22, will reduce taxes for high earners. The bill preserves many of the tax breaks from the Tax Cuts and Jobs Act of 2017, which were scheduled to expire at the end of 2025. The top tax bracket will continue to be 37% rather than reverting back to 39.6%. The bill reduces the itemized deductions for taxpayers in the top income tax bracket.

1 month ago | money.usnews.com | Kimberly Lankford |Barri Segal |Liisa Rajala

Key Takeaways: The House bill passed on May 22 includes several new or expanded tax breaks for children, health care costs, car loans and education expenses, and some significant changes to student loans. The government would contribute $1,000 to new child savings accounts for babies born from 2025 through 2028. Expanded HSA contributions and eligible expenses may help middle-income families. Revising student loan repayment rules may cost families more.

1 month ago | theepochtimes.com | Kimberly Lankford

By Kimberly Lankford From Kiplinger’s Personal FinanceDepending on your health insurance policy, you may have noticed that you need to get permission from your insurer before it will pay for a medication, treatment or procedure your doctor prescribes—even if it’s covered by your plan.