The massive boomer wealth transfer will mostly benefit the already affluent, Visa report finds

The so-called “great wealth transfer” — the passing of assets from the baby boomer generation to their heirs — will mostly benefit younger Americans who are already affluent, according to a July report from Visa Business and Economic Insights. And while the wealth transfer will be significant, the value of assets that are passed down … Read more

Senators call for military healthcare program to cover autism therapy as a basic benefit

Less than 24 hours after NBC News reported on members of the military and retirees facing roadblocks in getting coverage for critical therapies for children with autism, Sens. Kirsten Gillibrand, D-N.Y., and Eric Schmitt, R-Mo., issued a letter Friday to Pentagon leadership calling for changes. Limited time: Save 25% on NBC News subscription Get exclusive … Read more

America’s Block Party to celebrate July 4th with benefit concert and nationwide events

America’s Block Party will celebrate the nation’s 250th birthday this Fourth of July with a benefit concert in Los Angeles and events in local communities around the country. Hosted by Queen Latifah, the concert at Los Angeles Memorial Coliseum on the holiday will feature Chris Stapleton, The Smashing Pumpkins and additional stars to be announced … Read more

Social Security recipients face looming benefit cuts. Can the program be saved?

Social Security’s trust fund is projected to run out of money in just six years, triggering automatic cuts in retirement and disability benefits. Yet experts say the program’s financial problems are fixable — if lawmakers are willing to make difficult choices. The latest trustees’ report found that Social Security’s finances are being strained by an aging population, … Read more

Who could benefit from Trump’s $1.7+ billion “weaponization” fund?

When President Trump and the Justice Department settled the president’s lawsuit against the Internal Revenue Service and Treasury Department Monday over the leak of his tax returns, Acting Attorney General Todd Blanche announced, as part of the agreement, the creation of a $1.7+ billion “anti-weaponization fund,” which he said would “provide a systematic process to … Read more

California mom rips Newsom-backed ‘diversion program’ that appears to benefit her son’s killer

NEWYou can now listen to Fox News articles! Compounding layers of leniency in California laws are allowing drivers charged with vehicular manslaughter to walk away with clean criminal and driving records, prompting calls for reform from victims’ families. Allison Lyman, who is looking for accountability for the crash that killed her son last year, believes … Read more