Social issues

Biden predicts Democrats’ odds will increase as the midterm elections solution, citing economic advancements
U.S. President Joe Biden delivers remarks on deficit reduction from the Roosevelt Area at the White Home in Washington, D.C., U.S., Oct 21, 2022. Sarah Silbiger | Reuters President Joe Biden predicted Friday that voters will swing back to favor Democrats in the remaining weeks before the midterm elections as problems about the overall economy […]
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IRS bumps up estate-tax exclusion to $12.92 million for 2023. Here’s what that means for wealthy Americans
Bernd Vogel | Getty Images Ultra-wealthy Americans can soon protect more assets from federal estate taxes, the IRS announced this week. Starting in 2023, individuals can transfer up to $12.92 million to heirs, during life or at death, without triggering a federal estate-tax bill, up from $12.06 million in 2022. Since married couples may share […]
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FDA panel recommends revoking the approval of controversial drug intended to prevent premature birth
An advisory panel to the Food and Drug Administration voted Wednesday to take a drug intended to prevent premature births off the market, saying that it remains doubtful that the drug works. The recommendation, in a 14-1 vote, from the agency’s Obstetrics, Reproductive and Urologic Drugs Advisory Committee closed a three-day meeting on the clinical […]
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View dwell: Biden to announce options to inquire Congress to codify Roe v. Wade abortion rights protections
[The stream is slated to start at 12:15 p.m. ET. Please refresh the page if you do not see the player above at that time.] President Joe Biden will announce Tuesday that the initially invoice he will send out to the subsequent U.S. Congress would codify the abortion rights protections outlined in Roe v. Wade. […]
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The ‘bummer’ of the $7,500 electric vehicle tax credit: Its full value may be hard to get
Tomekbudujedomek | Moment | Getty Images The historic climate legislation President Joe Biden signed in August offered a federal tax break — worth up to $7,500 — to households that buy new electric vehicles. But it may be tough for consumers to get the full value of the tax credit — at least initially. That’s […]
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Social Safety price tag-of-dwelling adjustment will be 8.7% in 2023, best increase in 40 many years
Azmanjaka | E+ | Getty Illustrations or photos Amid document large inflation, Social Stability beneficiaries will get an 8.7% boost to their benefits in 2023, the optimum maximize in 40 many years. The Social Security Administration declared the alter on Thursday. It will result in a profit raise of more than $140 extra for every […]
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Warnock prospects Walker, but Ga Senate race is unchanged just after abortion payment allegation, poll reveals
The explosive allegation that anti-abortion GOP Senate hopeful Herschel Walker compensated for an ex-girlfriend’s abortion has consumed his campaign more than the past 7 days — but so significantly it hasn’t supplied his opponent substantially of a enhance, a new poll confirmed Wednesday. Walker’s rival, Democratic incumbent Sen. Raphael Warnock of Ga, nevertheless qualified prospects […]
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These are common (and costly) Roth IRA conversion mistakes. Here’s how to avoid them
Ridofranz | Istock | Getty Images Roth individual retirement account conversions may be alluring when the stock market dips. But it’s easy to make mistakes, financial experts say. The strategy, which transfers pre-tax IRA funds to a Roth IRA for future tax-free growth, may pay off when the market drops because you can buy more […]
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IRS delays guidelines, waiving penalties for some inherited retirement accounts until 2023
Zinkevych | iStock | Getty Images If you inherited a retirement account in 2020 or 2021, the IRS is waiving penalties for some heirs who needed to start taking required minimum distributions right away, according to a notice issued Friday. The new rule won’t apply until 2023. Typically, there’s a 50% penalty when you skip […]
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