GO i Know: IRS Update, Social Security Statistics & Top Financial News for June 23rd
GO i Know: IRS Update, Social Security Statistics & Top Financial News for June 23rd

GO i Know: IRS Update, Social Security Statistics & Top Financial News for June 23rd


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It’s National Hydration Day, so do not forget to drink your daily dose of today top economic stories.

The Big Lead: IRS employees ‘work tirelessly’ to process returns

Despite “working tirelessly” to alleviate its massive backlog tax returnsInternal Revenue Service’s management of its overall backlog may be worse than it claims.

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Social security in focus: Women receive $ 354 a month less than men

The average Social Security check for women is much less than for men. In May 2022, men received an average of about $ 1,848 a month, USA Today reported. In contrast, the average monthly check for women was only $ 1,494 per month. month – a difference of about $ 354 per month. month, or $ 4,248 per. year.

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Well, that’s interesting: Biden cancels more student debt

The Biden administration said it would cancel the federal SU loans debt of about 200,000 borrowers who claimed to be scammed by their schools.

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Bonus: 7 things that any person with a retirement plan needs to know about a bear market

Here are some tips that experts recommend if you are about to retire or are already retired.

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ICYMI: Yesterday GO in Know

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