2022 midterm elections and your retirement: How to stay financially prepared for policy changes
Here’s what those planning for retirement need to pay attention to.
7 min read
Nov 08, 2022
Politics
See how political decisions are affecting your personal finances.
Latest Articles
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Social Security payments to soar 8.7% in 2023 after highest COLA increase in 40 years
The jump follows last year’s large increase of 5.9 percent, and it’s the largest boost since 1981.
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Can you use a credit card for political donations?
You can use a card to make political donations, but there are pitfalls to avoid.
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All the ways a president can (and can’t) influence the Federal Reserve
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Federal Reserve raises interest rates by a half point to fight soaring inflation
The Fed is withdrawing stimulus at the fastest pace in decades.
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Biden’s executive order on cryptocurrency – here’s what it means for you
The government has as much as six months to prepare an assessment of these digital currencies.
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The worst inflation in 40 years: Here’s when price pressures could hit their peak
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Survey: Experts predict another year of decades-high inflation
Price increases depend on supply chain and labor shortages.
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Biden picks Jerome Powell for new term as Federal Reserve chair
The appointment gives Powell the chance to finish the U.S. central bank’s pandemic response.
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The Great Resignation: Why millions of workers are leaving their jobs and what to consider before quitting
A game of hiring musical chairs is afoot — and it doesn’t look like it’ll be stopping anytime soon.
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Will Biden reappoint Powell as Fed chair? Here’s the latest and what experts are saying
The president will have to weigh his party’s priorities with his desire for continuity.
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Social Security payments set to jump 5.9% in 2022 following biggest COLA increase in nearly 40 years
Here’s how much the average Social Security recipient will receive.
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Survey: Economists see unemployment holding above pre-pandemic levels a year from now
The job market has come a long way, but economists’ forecasts suggest more recovery time is needed.
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Estate taxes: Will the step up in basis be eliminated? Here’s what to know and how to prepare
People who inherit homes will want to pay close attention to this proposal.
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Survey: More than 6 in 10 Americans say $1,400 stimulus checks won’t last three full months
Most plan to spend their stimulus funds on necessities, not on shopping, dining or traveling.
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Fed keeps rates near zero with bounce back from pandemic in sight
The Fed is pledging to keep aggressively supporting the economy, even after the pandemic officially ends.
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Biden’s tax plan: Watch for these expanded breaks soon and possible hikes later
Biden may want to hold off on raising taxes as the economy recovers — for now.
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Survey: Rates at zero until 2024, but coronavirus vaccine likely to ‘supercharge’ economy
Consumers should stick to the status quo.
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Take these important precautions now before key coronavirus relief programs expire
It’s an “in case of fire, break glass” kind of moment.
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What a Biden presidency means for your money, taxes and the economy
Biden will be focused on handling the coronavirus pandemic and the recession.
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