Author: Admin
The average rates on 30-year and 15-year fixed-rate mortgages ticked up slightly over the past week, according to Freddie Mac’s Primary Mortgage Market Survey. Average rates for 30-year mortgages rose from 6.24 percent to 6.26 percent while 15-year rates rose from 5.49 percent to 5.54 percent. Whenever a mortgage rate increases – even just 0.02 percentage points – it can have a significant impact on your monthly payment and the interest you pay over the life of a 30-year fixed-rate (the most popular type of mortgage, according to the National Association of Realtors). “Mortgage rates have been shifting within a…
The Internal Revenue Service has announced a major change to 401(k) contributions for certain workers. Workers ages 50 and older are eligible to make catch-up contributions to their 401(k)s and other similar workplace retirement plans. In the past, these contributions could be made pre-tax. But under a new rule, workers who made more than $145,000 in the year prior must make these catch-up contributions after tax. That means these contributions will go into a Roth account, which is for contributions made with after-tax dollars. The new rule takes effect in 2027 but retirement plans can start implementing this policy as…
This seismic financial shift involves the oldest Americans — mostly Baby Boomers born between the mid-1940s and mid-1960s — who have collectively amassed huge amounts of wealth, and are starting to transfer it to their heirs. This wealth is being passed to younger generations in record amounts, according to Robert T. Danforth, the John Lucian Smith, Jr. Memorial Professor of Law at Washington and Lee University School of Law. “Certainly, the quantity of wealth that’s going to get transmitted over the next five to 15 years is greatly in excess of anything that’s been transmitted in the past,” Danforth told…
There’s no “I” in “Team,” but there is a “Win” in “Irwin,” and that’s exactly how Robert Irwin finished his run on season 34 of Dancing With the Stars. At a mere 11 years old, the son of the late Steve Irwin grew familiar with the competitive ballroom dance show when his elder sister, Bindi Irwin, won the series in 2015. One day shy of exactly a decade after Bindi won DWTS, Robert secured his own mirrorball trophy alongside Witney Carson last Tuesday, further extending the Irwin family’s legacy beyond their conservation efforts into a wider message of leading life…
The Internal Revenue Service has announced new standard deductions and federal income tax brackets for tax year 2026.The federal tax agency announced the new brackets in October, which are typically adjusted each year to account for inflation. Standard deductions — which reduce the amount of income subject to being taxed —have also increased. These changes will take effect in 2026, and impact taxpayers when they file their taxes in 2027. In the U.S., workers pay taxes as a percentage of their income, in segments known as tax brackets. But if you start making more money, you don’t pay that higher…
A Nigerian lady who claims she knows Lieutenant Yamari’s newlywed wife has shared details about their romance. It’s worth noting that Lieutenant Yerima made headlines after his viral confrontation with FCT Minister, Nyesom Wike over a land dispute in Abuja. His action toward the minister was met with massive support and applause from online users. Notably, Lieutenant Yerima has made headlines over his marriage which was reportedly held in Kaduna last month. Details Of The Lady’s Post The lady identified on Facebook as Muhammed Rahinat shared that the newlyweds dated for five years before they tied the knot. In her post, which has left…
GistReel Cross River state Governor, Bassey Otu has unveiled a free bus service, titled “Xmas Free Transport Service,” aimed at easing transportation challenges during the festive season and supporting residents amid economic hardship. Speaking at the flag-off ceremony in Calabar on Monday, Otu, represented by his Deputy, Peter Odey, said it has become a tradition for his administration to provide free transport during festive periods, including Easter, to reduce travel costs and foster unity among residents. Governor rolls out free festive transport “It is a tradition for Governor Otu to roll out free bus services during festive periods, including Easter.…
Cameroonian opposition figure Anicet Ekane has died while in custody in Yaoundé, the vice president of his party confirmed. Ekane, 74, had been transferred to the capital following his arrest in Douala in late October. Opposition leader dies in detention in Yaoundé “Anicet Ekane was arrested in Douala and then transferred to Yaounde, where he was held at the State Defence Secretariat (SED). It was there that his health began to deteriorate,” according to Dongmo. “We repeatedly alerted the authorities, including the military court administration, requesting that Anicet Ekane be transferred to a hospital with the appropriate facilities for better…
GistReel Arsenal legend David Seaman has advised Mikel Arteta to make a decisive call in attack and drop Mikel Merino for Wednesday’s Premier League fixture against Brentford. The Gunners left Stamford Bridge with a 1-1 draw on Sunday, preserving their six-point cushion over Chelsea. Coming off a derby win against Tottenham and a demanding Champions League tie with Bayern Munich, the result was manageable, even if Arsenal failed to capitalise on playing against 10 men. Arteta told to drop Merino for Gyokeres against Brentford – Getty image Seaman: start Gyokeres, not Merino With Viktor Gyokeres and Gabriel Jesus available again,…
GistReel Billionaire businessman Aliko Dangote recently reflected on his journey to becoming Africa’s richest man, revealing that despite coming from a wealthy family, he did not inherit the fortune that many assume paved his path to success. “I did not inherit any money from my father. I built everything from scratch to where I am,” Dangote said, highlighting the personal effort and risk involved in creating his business empire. From wealthy roots to self-made success Dangote explained that his family background provided him with a strong foundation. His great-grandfather, in the 1940s, was reportedly one of the wealthiest Africans, while…