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Elite Financial Group

Average 401(k) balances drop 3% due to market volatility, Fidelity says

by Elite Financial Group | Jun 4, 2025 | Personal Finance

Retirement account balances fell in the first quarter of 2025, according to Fidelity Investments, the largest 401(k) provider in the U.S.Read More…

91% of Social Security Fairness Act benefit increases, lump sum payments have been processed, agency says

by Elite Financial Group | Jun 4, 2025 | Personal Finance

A new law provides higher Social Security benefits and retroactive lump-sum payments for nearly 3 million people. Here’s the latest on those changes.Read More…

Trump’s tax bill could end popular ‘SALT’ deduction workaround for certain business owners

by Elite Financial Group | Jun 4, 2025 | Personal Finance

The House-approved tax bill could end the popular ‘SALT’ deduction workaround for certain pass-through businesses. Here’s what to know.Read More…

Social Security benefits get reprieve from student loan collections, but paychecks are still at risk

by Elite Financial Group | Jun 3, 2025 | Personal Finance

The Trump administration has paused its plan to garnish Social Security benefits for those who’ve defaulted on their student loans. But wages are still at risk.Read More…

Trump administration pauses Social Security benefit cuts over defaulted student loans

by Elite Financial Group | Jun 2, 2025 | Personal Finance

The U.S. Department of Education is pausing its plan to garnish people’s Social Security benefits if they’ve defaulted on their student loans.Read More…

‘Fantasy math’ masks tax bill’s U.S. debt impact, GOP lawmaker said. What the deficit means for your money

by Elite Financial Group | Jun 2, 2025 | Personal Finance

The “One Big Beautiful Bill Act” would raise U.S. debt by more than $3 trillion over a decade, research finds, likely impacting consumer loans and bond prices.Read More…
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