Latest news with #workingAmericans
Associated Press
05-08-2025
- Health
- Associated Press
LifeX Research Corporation is on a Mission To Bridge The Gap Between Raw Data and Meaningful Health Solutions
LifeX Research Corporation is dedicated to enhancing global well-being by delivering actionable national health insights and wellness market statistics. Atlanta, GA - August 4, 2025 - LifeX Research Corp is a wellness-focused research organization dedicated to improving the quality of life for working Americans. They collect and analyze health data from their team of employee-participants—whom they call research associates—to develop innovative, data-driven solutions for common health challenges. Their goal is to decrease healthcare expenses for the American workforce through proactive management of conditions that can impact quality of life. This involves collecting thorough wellness information, such as Health Risk Assessment profiles, lab test results, and medication records, from willing participants on our team. At LifeX, research associates are more than just employees - they play an integral role in innovative wellness initiatives aimed at addressing pressing health concerns such as diabetes management, weight optimization, and preventive care. By converting wellness participation into collaborative research, they are leading the way in healthcare enhancement using real-world data and empowered individuals. In an age where information shapes decisions, understanding the intricate web of health trends can lead to improved quality of life for individuals and communities alike. By obtaining in-depth knowledge of wellness trends, companies are able to customize their products and services to cater to the unique requirements of customers seeking either Major Medical Plans or HSA Plans. This information is also valuable for individuals, as it empowers them to select the most suitable VL Plans based on their lifestyle and financial objectives. The LifeX Research expanding menu of conditions researched: In today's world filled with endless options, the importance of making well-informed choices cannot be overstated. With the help of LifeX's research, individuals and organizations can gain clarity in the midst of complexity. This valuable information empowers better decision-making in areas such as health management and policy development, ultimately leading to improved global well-being through targeted solutions. Reasons LifeX is so sought after: LifeX utilizes actionable national health statistics and wellness market data to provide governments, organizations, and individuals with a comprehensive understanding of the current state of well-being. This information allows stakeholders to recognize patterns, address areas where healthcare services may be lacking, and implement customized solutions that effectively meet their individual needs. The impact is profound: improved public health initiatives lead to enhanced quality of life for citizens everywhere. Media Contact Company Name: LifeX Research Corp. Contact Person: Media Relations Email: Send Email City: Atlanta State: GA Country: United States Website: Source: PRD Marketing Group
Washington Post
28-07-2025
- Business
- Washington Post
The tough task of selling Trump's ‘Big Beautiful Bill' falls to JD Vance
CANTON, Ohio — Vice President JD Vance on Monday brought his fight to shape the president's signature tax-and-border bill in the eyes of a skeptical public to friendly terrain, making his second pitch this month to workers in a Rust Belt state that the massive, unpopular policy package is a win for working Americans.
Yahoo
28-07-2025
- Business
- Yahoo
2 Things the ‘Big Beautiful Bill' Will Do To Boomers' Retirement Savings
The new 'Big Beautiful Bill' signed into law promises bigger paychecks for working Americans. Boomers who are close to retirement, the supposed benefits could help you increase your savings. Trending Now: Check Out: More specifically, some of the tax breaks outlined in the bill may free up extra cash to help you save more. The reality is that some could benefit from these changes more than others. Here's how this bill could affect your retirement savings. New Deduction Could Help You Save More Americans aged 65 and up will be able to claim a temporary $6,000 increase in standard deduction for their federal tax return from 2025 to 2028. This deduction will apply whether or not you itemize deductions. It lowers your adjusted gross income (AGI), which can lower the amount you pay in taxes. For those who opt for the standardized deduction though, your deduction will be for a total of $20,600 as single filers or up to $41,200 for married couples who file jointly for the 2025 tax year. Read Next: Reporting by the Tax Foundation found that the full amount for this deduction is for those whose AGI is under $75,000. The deduction will phase out at $75,000 in income for individuals and $150,000 for joint filers. So if you're a middle-income household approaching or in retirement, you could benefit the most. The tax savings could help you with increases in expenses as you get older, like healthcare. Or you can put it towards savings goals. If you're trying to put as much as you can towards your IRA, for example, you can. Plus, if you're retired but still paying taxes on Social Security or distributions from retirement accounts, the deduction may reduce the amount that you owe. Medicare Changes Could Cut Into Your Healthcare Budget While much of the attention on the Big Beautiful Bill has focused on tax cuts, another major piece of the legislation could directly affect older Americans: Medicare spending cuts. According to the Congressional Budget Office, the bill triggered a budget rule called PAYGO (Pay-as-you-go), which means that there will be cuts to certain federal programs. These cuts could mean an automatic 4% cut to Medicare funding for each year starting in 2026. That is, unless Congress passes a waiver. Cuts across the board could affect the amount paid to doctors, hospitals and even health insurance plans. When there is less money going towards these sources, it could mean higher out-of-pocket costs for you, eating in your retirement savings. Basically, if insurance providers are paid less, they may end up increasing premiums to make up for the loss. You could end up paying higher co-pays and co-insurance or even paying for supplemental coverage to make sure you're adequately covered. If you're planning on purchasing Medicare Advantage and Part D drug plans, the PAYGO rule could mean that these will also have higher premiums and changes in the prescriptions that are covered. These cuts won't happen overnight, but they could happen unless Congress acts. In the meantime, check to see what your current and potential future healthcare needs are and show how you can plan for changes in how you access and pay for care in the future. Editor's note on political coverage: GOBankingRates is nonpartisan and strives to cover all aspects of the economy objectively and present balanced reports on politically focused finance stories. You can find more coverage of this topic on More From GOBankingRates 5 Cities You Need To Consider If You're Retiring in 2025 This article originally appeared on 2 Things the 'Big Beautiful Bill' Will Do To Boomers' Retirement Savings Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fox News
24-05-2025
- Business
- Fox News
DAVID MARCUS: Tax-free overtime could be midterm magic for GOP
As the GOP's "big beautiful bill" heads to the Senate next month, one provision legislators from both parties should keep their sights squarely set on is no tax on overtime, because in my travels talking to working Americans, no policy comes up more often. It is not hyperbole to suggest that, if successfully implemented, vastly reducing overtime tax on America's workers would be the most politically significant measure in the bill, and could easily help Republicans sweep the midterms. It is very rare, when I'm out talking to people on the road, for person after person to keep mentioning something I never even brought up. A clear example in the last election was Robert F. Kennedy Jr., now Secretary of Health and Human Services, who I couldn't get people to shut up about, even when the media wasn't focused on him. In the end, RFK Jr. played a vital role in putting President Donald Trump over the top. For the past couple of months, the thing I have heard over and over again from workers and employers is how much they desperately want no tax on overtime. Regular readers of this column will recall the coal miner in Columbiana, Ohio who told me, "taxes are killing the working man," or Doug and Danny in Jeffersonville, Indiana, a steel cleaning plant owner and his foreman who also weighed in. Doug told me it will "encourage [younger workers] to give up their time, away from loved ones and produce for customers that we have, that need steel, that they want that we did not produce Monday through Friday and get it done." From Ohio, to Texas, to West Virginia, no tax on overtime has created excitement for the people the news media never seem to get around to talking to. A major reason that no tax on overtime has been largely ignored compared to its more popular cousin, no tax on tips, is that almost nobody who produces news has ever held a job that includes traditional overtime, while many likely had tipping jobs in college. This also explains exactly why the overtime provision is a much bigger deal. There are a handful of tipped jobs that one can raise a family on, but most are stepping stones. There are millions of jobs you can raise a family on that involve overtime. For the men and women who work these jobs in plants, mines and forges, a reduction in overtime tax is far more meaningful than any stimulus check could be. A stimulus check is like a winning scratch-off lottery ticket. No tax on tips is a raise. You can plan on it, build around it. This brings us around to the midterms. If by the fall of 2026, American workers have been keeping more of their money, not receiving largesse from the state, but keeping more money they worked for, then every GOP candidate will point at every Democrat incumbent in Congress and say, "they voted against it." One of Donald Trump's political superpowers is to find the issues American voters deeply care about that the media largely ignores. He did it by fighting wokeness, he did it opposing foreign interventionism, he did it by focusing on our kids' health. I don't know how he does it. I know how I do it. I spend hours and hours traveling and talking to people. Maybe Trump talks to the working-class people he employs, maybe he just judges based on crowd reactions at rallies, but however he does it, finger meets pulse. With no tax on overtime, Trump has done it again. Every Republican who is running for Congress outside of Silicon Valley and the Upper East Side would be wise to lead their campaign with, "President Trump and I promised no tax on overtime and we delivered." There seems to be some surprise that Trump's poll numbers are recovering after a brief dip occasioned by universal freakouts over his tariff policy. But there is a very good reason for it: On almost every policy the president is doing exactly what he told voters he would do. Once workers start seeing that bump in their weekly check they can start saving for a better vacation, put more money away for their kids, or even buy their girl an engagement ring. These are the riches of the working class. Senate Democrats should tread cautiously as the big beautiful bill lands in the upper chamber. They should decide if they really want to look their constituents in the eye and say, "You know that raise my opponent's party and President Trump gave you? I want to take it away." No tax on overtime may be Donald Trump's baby, but come the midterms, it could be a big bundle of joy for the Republican Party.
