Author: Smart Wealthhabits

The latest report from the Board of Trustees says the trust fund that supplements incoming payroll taxes to pay monthly Social Security benefits is projected to be exhausted in the last three months of 2032, leading to an immediate, across-the-board 22% benefit cut. For the past 16 years, the cost of Social Security’s retirement program has exceeded the amount it receives from taxes collected from pay checks, forcing it to dip into its trust fund reserves to make up the shortfall. Last year, the trust fund was projected to expire in 2033. Then, in August, the date was moved up…

President Donald Trump said Tuesday that the US “will respond” as he accused Iran of shooting down an Apache helicopter patrolling the Strait of Hormuz.The two pilots involved in the attack are “safe and secure,” Trump wrote in a letter. satya social post. “Nevertheless, the United States must respond to this attack, as necessary.”Trump did not say what form the US response would take. But his post indicated that conflict with Iran is about to escalate once again, despite him claim hours early That an agreement with Tehran could be reached soon this week.Trump said after leaving the NBA Finals…

Personal finance apps have become increasingly popular, but navigating the growing number of options available can seem overwhelming. Since Mint’s closure, a wave of competitors has emerged, each offering a different approach to budgeting, saving, and managing money. One app you may have seen advertised on TV or social media is Rocket Money. Part of the Rocket Company family that includes Rocket Mortgage, Rocket Money has carved a niche as the automated auditor of your financial life. Unlike traditional budgeting apps, which focus primarily on tracking spending, Rocket Money is designed to help users identify recurring expenses, negotiate bills, and…

Leslie Groff (C), former assistant to Jeffrey Epstein, arrives to testify in a closed-door interview with the House Oversight Committee on Capitol Hill on June 09, 2026 in Washington, DC. Chip Somodevilla | getty imagesLeslie Groff, the former executive assistant to notorious sex offender Jeffrey Epstein, began a written interview Tuesday morning House Oversight and Government Reform Committee Behind closed doors.Groff’s appearance before the committee comes a day before. Microsoft Co-founder Bill Gates is scheduled to speak to the same panel that has spent months interviewing several high-profile people connected to Epstein.Groff worked for Epstein for nearly 20 years, and…

Eric Perkins is towing his shiny silver Airstream camper on a nearly 6,000-mile road trip around the United States that won’t burn a drop of gas or diesel. Their secret: a battery-powered Rivian R1 pickup, which allows them to tow their 23-foot camper without worrying about the cost of fuel. He’s moved from San Diego to Branson, Missouri, and is now moving home to California from Moab, Utah. With the national average price of regular gas hovering around $4.16 a gallon and diesel around $5.31, Perkins, 49, is a little happier about his EV — even though many of his…

South Korean automaker Kia had record sales in May, with retail sales up 11% year-over-year, according to a recent press release. Sales numbers increased for several SUV models, including the Telluride, Sportage and Sorento. Kia Carnival van also had record sales in May. One Kia SUV leads the brand in sales so far in 2026, and it’s not the popular Telluride midsize SUV. Here’s what you need to know about Kia’s most popular SUV yet in 2026. What is the most popular Kia SUV so far in 2026? The most popular Kia SUV of 2026 so far is the 2026…

new york, 9 June 2026 /PRNewswire/ — Ascot Group Limited (“Ascot”), a global specialized (reinsurance) company, today announced that Joseph (“Joe”) Eppers has been appointed Group Chief Investment Officer and a member of the Company’s Global Executive Committee. photo of joseph apers In this role, Joe will lead Ascot’s global investment strategy and oversee its investment portfolio, partnering closely with senior leadership to support the company’s long-term growth and balance sheet strength. He will report to Mark Wilcox, chief financial officer of Ascot Group. “Joe brings deep investment expertise, proven leadership and a well-established industry network,” said Mark Wilcox. “We…

Meshafoto/Getty Images Commitment to our readers The GOBankingRates editorial team is committed to providing you with unbiased reviews and information. We use data-driven methods to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our review methodology for products and services. 20 yearshelp you get rich trusted by millions of readers If you assume your 401(k) works the same way it did a few years ago, you may miss important updates. Quiet changes are changing how much you can contribute, how it is taxed and…

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Commitment to our readers The GOBankingRates editorial team is committed to providing you with unbiased reviews and information. We use data-driven methods to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our review methodology for products and services. 20 yearshelp you get rich trusted by millions of readers Social media has made some destinations mandatory bucket lists, but the reality doesn’t always match the Instagram feed. These seven places get more publicity than they deserve, while equally surprising options are empty and affordable just…