
Articles
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5 days ago |
money.com | Pete Grieve |Katherine Peach
This spring's housing market is already being characterized as another disappointingly slow season, with home sellers outnumbering buyers by the widest margin since tracking began in 2013 and a majority of people waiting for mortgage rates to fall before considering a move. The number of sellers in the current market exceeds the number of buyers by 33.7% — a significant enough gap to lead to lower prices, according to a new Redfin report.
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1 week ago |
money.com | Pete Grieve
House Republicans' sweeping budget bill does not eliminate taxes on Social Security benefits — a signature piece of President Donald Trump's platform — but officials say an enhanced standard deduction for individuals 65 and older effectively delivers on the promise. While the House tax bill that passed Thursday included "no tax on tips" and "no tax on overtime" provisions, the Social Security tax cut was missing. Social Security beneficiaries were left wondering if they'd been shortchanged.
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1 week ago |
money.com | Pete Grieve |Leslie Cook
Should home sellers and their agents be allowed to market listings privately, or should they be required to make listings viewable on all platforms right away? That's the question at the center of a controversy currently playing out with Compass, the largest U.S. brokerage, and Zillow, the largest online real estate marketplace, on either side of the issue.
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2 weeks ago |
money.com | Pete Grieve |Julia Glum
After both parties in Washington embraced ending federal income tax on tips during the last election cycle, a bill that would do just that made it through the Senate Tuesday. The big story in Congress right now is that Republican lawmakers in the House are negotiating a large-scale tax bill that would extend 2017 tax cuts and, among other things, end taxes on tips and overtime pay. But while those discussions were playing out on Tuesday, Sen.
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2 weeks ago |
money.com | Pete Grieve |Katherine Peach
More than 71 million Americans have access to 401(k) accounts — tax-advantaged retirement plans that allow workers to set aside pre-tax income and watch it grow tax-deferred. But some of the country's youngest workers are left out, and a group of senators wants to fix that. Under current laws, employer-sponsored 401(k) plans can be offered to younger workers, but employers often set the minimum age as high as 21.
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