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Seniors received a big increase in their Social Security benefits last year, but for many, it wasn’t what they wanted. One woman said she was worried that the change in her payment would mean she wouldn’t be able to afford an oxygen machine.Carol Nine, 64, of Indiana, said Social Security used to be enough to pay for all her and her husband’s necessities. She received $917 a month in Social Security disability benefits and would not suffer below that amount.However, in January 2023, the Social Security Administration (SSA) increased payments by 8.7% to offset inflation, increasing benefits for seniors by…

Florida is on the brink of enacting one of the nation’s strictest bans on social media use by minors. The bill, which aims to prohibit children under 16 from accessing popular social media platforms without parental consent, has been passed by both the Florida House and Senate, according to the Associated Press. He said. The measure currently awaits approval from Republican Gov. Ron DeSantis, who has previously expressed reservations about the measure. The House approved the bill by an overwhelming 108-7 vote after the Senate approved it by a 23-14 vote. The Senate amendments are aimed at alleviating Gov. DeSantis’…

Born between 1997 and 2012, Gen Z represents about 20% of the US population as of 2023, per the US Census Bureau. In 2021, Bloomberg cited data from Gen Z Planet estimating the cohort had $360 billion in buying/spending power, a number which has most certainly grown as more and more Gen Zers join the workforce.  In this guide, we explore what Gen Z cares about, where they spend their time online, and how they shop so marketers can reach this valuable target audience. We also delve into their banking and payment habits and how they’re shaping the financial services…

Wait, what? – Getty ImagesIt’s a good idea to increase your 401(k) and IRA contributions to the absolute maximum while you still can.Most Read on MarketWatchThat means the full amount is $30,000 this year, or even more if you’re 50 or older. In 2024, the maximum 401(k) is $23,000 and the maximum IRA is $7,000, with additional contributions available for savers age 50 and older. It may also mean converting a traditional pre-tax IRA to an after-tax Roth IRA to maximize the after-tax amount of shelter.reason? There’s talk in policy circles about eliminating these programs altogether, or at least eliminating…

Reddit, the community-focused bulletin board site, filed to go public on Thursday, paving the way for it to become the first major social media company to debut on the stock market in years and a test for private companies after a drought in its initial public offering. Tao offering.In its offering prospectus, Reddit disclosed its financial performance in preparation for selling shares to investors. The San Francisco-based company reported narrowing losses and increasing revenue by more than 20% last year. It added that it has 73 million daily users and more than 100,000 active communities.The prospectus kicks off the stock…

In the coming months, people under 16 in the state will be banned from participating in social media and all existing accounts will be deleted, thanks to a bill passed by the Florida Legislature on Thursday, making it one of the strictest social media bans in the country. Become one of the. Barring a possible veto and almost certain legal challenge.But it passed the bill without Gov. Ron DeSantis’ blessing and without specifying which platforms would be banned. Tick-tock? Facebook? X (Twitter)? Instagram? Youtube?Florida lawmakers have long sought to restrict minors’ access to social media, citing concerns about bullying, sex…

Main findings In 2022, an estimated 24.5% of young people (15-29 years) in the European Union (EU), or approximately 17.4 million people, are at risk of poverty or social exclusion. This proportion for young people varied between 37.9% in Romania and 10.5% in the Czech Republic. The risk of poverty and social exclusion is not strictly dependent on household income level, as it also reflects unemployment, low work intensity, employment status, or various other socio-economic characteristics . To calculate the number or proportion of people at risk of poverty or social exclusion, three separate measures are combined. This is aimed…

West Virginia lawmakers have approved a bill that would phase out state income taxes on Social Security benefits.Republican Gov. Jim Justice announced in January that he wanted to eliminate all state-imposed Social Security taxes in his annual budget proposal. The plan was passed by the West Virginia House of Delegates on Thursday, taking another step toward becoming law.This is part of a broader series of tax cuts enacted in West Virginia. The state’s income tax rate will be cut by more than 20% in 2023, making it the largest tax cut in West Virginia history, officials said. While some have…

In the summer of 2020, demonstrators gathered at a Black Lives Matter rally.Image credit: Ying Ge/Unsplash Just a few years ago, companies and organizations were rushing to build diversity, equity, and inclusion (DEI) programs, hire new staff, and implement programs. Now in 2024, many of these companies are publicly backing away from their efforts. Some are doing so because of increased attacks from politicians and affirmative action rulings from the U.S. Supreme Court, while others see it as a cost center that can be cut. But this work is as important as ever. As leaders, we must continue to invest…

miami – Florida bill banning social media use by minors heads to Gov. Ron DeSantis’ desk. This is the strictest regulation in the country for children under the age of 16. Families discussed the dangers of social media during a town hall at Miami Killian High School Thursday night. Orlando Valdez shared his family’s journey through the social media nightmare as a learning experience for parents and children listening in the crowd. His son was arrested and expelled from school in 2019 for a single social media post. “The first thing you want to do is grab your child and…