IRS Update, Social Security Statistics & Top Financial News for June 23rd
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.
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.
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.
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.
ICYMI: Yesterday GO in Know
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This article was originally published on GOBankingRates.com: GO i Know: IRS Update, Social Security Statistics & Top Financial News for June 23rd