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Half of Americans Believe This Falsehood About Their Insurance

Photo by fizkes / Shutterstock.com Half of American adults mistakenly believe they can write off their insurance premiums when they file a tax return, according to a recent ValuePenguin survey. The notion that you can deduct home, health, auto or life insurance premiums is wishful thinking for most people. But …

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Fully Vaccinated Americans Can Travel With Low Risk, C.D.C. Says

They should still wear masks but no quarantines are necessary, the agency said in new guidance that cited growing data about the effectiveness of the shots. Americans who are fully vaccinated against Covid-19 can safely travel at home and abroad, as long as they take basic precautions like wearing masks, …

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3 Ways Americans Are Shockingly Wrong About Retirement

Photo by pathdoc / Shutterstock.com When it comes to planning for retirement, Americans have some basic facts wrong. In fact, shockingly wrong. Fidelity Investments’ 2021 State of Retirement Planning Study revealed three huge misunderstandings about investing and retirement that working-age Americans widely share. All of these errors could prove costly …

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Comcast pledges $1B to connect 50M low-income Americans

Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. Comcast plans to invest $ 1 billion over the next 10 years to help further close the digital divide, provide digital skills training, grants, and free service and laptops. The goal is to sign up …

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7 Ways Americans Plan to Ensure a Financially Secure Retirement

EdBockStock / Shutterstock.com A secure retirement is in your hands — and nobody else’s. For better or worse, we all have to finance our own retirement. Sure, Social Security and Medicare will help. But workplace pensions are rare, and few will inherit fortunes from their parents, or anyone else. Fortunately, …

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70% of Working Americans Need a Pay Increase This Year

Annual salary increases in 2021 are more vital than ever after a year of volatile economy and job market changes. A new The Simple Dollar survey found that 70% of employed U.S. adults say a pay increase would be important for their household’s financial wellbeing. Despite this, about 40% of …

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More Americans are Using Retirement Savings to Cover Expenses

Twenty-twenty has taken its toll on the average retirement savings, according to a new study by Kiplinger’s Personal Finance magazine and Personal Capital, an online financial advisor. More than half of Americans are dipping into their savings, with 60 percent using their IRAs and 401(k)s to get them through the …

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Trump Administration Plans a Rushed Effort to Encourage Americans to Be Vaccinated

A large-scale public education campaign, delayed by false starts and investigations, will get off the ground just as the coronavirus vaccine becomes available to high-risk Americans. WASHINGTON — The Trump administration, scrambling to make up for lost time after a halting start, is rushing to roll out a $ 250 …

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Americans Still Feel Pressured to Spend More on the Holidays

Key findings Though most Americans plan to spend less or the same this Holiday, some are still feeling financial pressure.  22.5% of Americans say they feel pressured to spend more on gifts than they’re comfortable with, according to our latest survey (Nov 22, 2020) A previous survey from 2018 found …

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