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The topic of student loan forgiveness has sparked heated debates and varying opinions among individuals, politicians, and experts. The question of whether to cancel student loan debt raises concerns about fairness, personal responsibility, and economic implications. Arkansas Attorney General Tim Griffin, who struggled for 30 years to pay off his $100,000 student loan balance, has
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When evaluating your preparedness for retirement, it is common to compare your 401(k) balance to others, but a more accurate comparison may be with people in your specific field rather than just your age group. Recent data from Fidelity shows that the average 401(k) balance for investors on their platform was $125,900 in the first
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In a recent announcement, the U.S. Treasury Department and Internal Revenue Service revealed that the federal government has allocated over $1 billion in tax credits to incentivize the purchase of electric vehicles. This new initiative allows buyers of new and used EVs to receive upfront cash incentives ranging from $4,000 to $7,500, depending on the
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As an American living and working abroad, it is essential to be aware of the upcoming tax deadline. The regular tax deadline was on April 15 for most taxpayers, but there is an automatic two-month extension for those who live outside the country, including U.S. citizens, resident aliens, and dual citizens. This extension means that
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