Break Archives - DR News - News, Retirement, Finance

Tax Break Opportunity: Don’t Miss Out on Retirement Saver’s Credit for 2023 Taxes

Fresno, California – Tax filers have an opportunity to benefit from a tax break known as the retirement saver’s credit for the 2023 tax year. Despite this opportunity, the IRS estimates that only a small percentage—5.7%—of taxpayers claimed the saver’s credit for their 2021 taxes. The retirement saving contribution credit, also known as the saver’s credit, aims to assist low- to moderate-income individuals in offsetting a portion of the funds they contribute to individual retirement …

Dow Fails to Break 40,000 Barrier Despite Record Highs

New York – Investors on Wall Street capped off a strong week as the Dow Jones Industrial Average closed with a minor decline of 0.7% on Friday, failing to reach the coveted 40,000 mark during regular trading hours. Despite this, the index still achieved its best performance since December, marking a significant milestone for the market. Throughout the week, all three major indexes saw consecutive sessions ending at record highs and the Nasdaq setting a …

Chaos in Goma: M23 Rebels Declare ‘Liberation’ Amid UN Appeals and Massive Prison Break

Goma, Democratic Republic of Congo – Chaos ensued in the eastern city of Goma after M23 rebels, reportedly backed by Rwandan forces, stormed the area and declared its liberation. This dramatic escalation occurred shortly after the armed group breached the city’s defenses, simultaneously leading to a large-scale prison breakout. Reports from locals and officials suggest that the streets are now in turmoil, with looting rampant and prisoners escaping the now-destroyed jail facility. The Congo’s North …

Curfew: Miami Beach Spring Break Crowd Thins Out as Restrictions Prove Success

Miami Beach, Florida – As the third day of a midnight curfew kicks off in Miami Beach, the spring break crowd begins to thin out, creating a more subdued atmosphere in the popular tourist destination. With restrictions in place to curb large gatherings and maintain public safety, residents and businesses in the area are seeing some positive effects from the measures. Amidst the enforcement of the curfew, Palm Beach, Florida, also grapples with its own …

Virginia Beach Educator Attacked by Student Days Before Holiday Break; Calls Intensify for Enhanced School Safety Measures

VIRGINIA BEACH, Va. — In a distressing incident at Independence Middle School, a teacher was assaulted by a student just hours before the commencement of the winter break on December 20, as confirmed by the Virginia Beach Police Department. This unsettling occurrence has raised significant concerns among local educators and parents regarding school safety. The Virginia Beach City Public Schools did not release the identity of the teacher but confirmed that the injuries sustained were …

Miami Beach Implements Stricter Measures to Curb Spring Break Chaos

Miami Beach, Florida comes to a pivotal moment as the city grapples with the tumultuous aftermath of spring break festivities. While the allure of the annual ritual brings billions in revenue, it also ushers in unruly crowds and instances of violence, prompting city officials and business owners to adopt stricter measures. In response to the recent spate of fatal shootings and chaos, Florida Governor Ron DeSantis has deployed state troopers to ensure order during the …

Social Security Tax Break for Seniors Gains Momentum in West Virginia Committee

Charleston, West Virginia – A bill advanced by the House Finance Committee in West Virginia is aiming to phase out the personal income tax on Social Security over a period of three years. This move comes in response to a call by Gov. Jim Justice to provide tax relief for seniors while also being cautious about the state’s budget. House Finance Chairman Vernon Criss, R-Wood, explained that the approach of phasing tax cuts in has …

Insurance Network Instability Leads to Break in Mental Care for North Carolinians

CHAPEL HILL, N.C. – A study released by the National Library of Medicine in October 2021 revealed that 21 percent of participants reported that at least one practitioner had left their insurance plan’s network in the past three years. This disruption in care can greatly impact an individual’s everyday life, according to UNC senior Nyami Aghedo, who experienced a loss of access to mental health care when she transitioned to her school’s insurance plan. For …

Water Main Break Repairs Completed: Nassau Residents Still Under Boil Water Notice

Hempstead, New York – Thousands of residents in Nassau County are still under a boil water notice as repairs are completed following a water main break. The alert remains in effect for the affected areas until further notice. The issue arose when the water main ruptured, causing concerns about water quality and safety. Residents in the impacted areas have been advised to boil water before using it for drinking, cooking, or any other consumption needs. …

Lawmakers Push to Break Up UnitedHealth Over Size Concerns

Washington D.C. – Some lawmakers are scrutinizing the rapid growth of UnitedHealth, a major player in the healthcare industry. The company’s expansion has caught the attention of policymakers who are now considering methods to limit its influence. UnitedHealth’s dominance in the healthcare sector has sparked concerns about its impact on competition and consumer choice. Lawmakers are exploring ways to potentially break up the company to prevent it from exerting too much control over the market. …