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In the primaries, he ran an attack ad on his GOP challenger, Nikki Haley, focusing on her plan to raise the Social Security retirement age as a way to reduce expenses.
President Joe Biden released his proposed $7.3 trillion budget for fiscal year 2025 on March 11, which includes a slew of changes it wants to bring to Social Security in order to "protect and...
President Joe Biden delivered the State of the Union address on March 7, in a wide-ranging speech in which he addressed what he plans to change -- or not change -- about drug costs and Medicare, as...
The Build Back Better Act was a bill introduced in the 117th Congress to fulfill aspects of President Joe Biden's Build Back Better Plan.It was spun off from the American Jobs Plan, alongside the Infrastructure Investment and Jobs Act, as a $3.5 trillion Democratic reconciliation package that included provisions related to climate change and social policy.
Loaded 0%. The U.S. Senate on Wednesday passed a measure to block retirement account managers from considering environmental, social, and corporate governance principles (ESG) when evaluating ...
401(k) retirement accounts that are usually sponsored by employers are tax deferred. In 2022, the contribution limit was $20,500 ($27,000 if you were 50 or older). In 2023, those limits are ...
A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry ...
The plan, according to Biden's administration, should help rebuild the American economy and create millions of jobs. Biden's administration claims that economic and climate issues are linked. In June 2021 Biden and a group of democratic and republican senators agreed on a compromise; a $973 billion bill.