Record numbers of homeowners are making a new year’s resolution to sell their properties, with Rightmove’s House Price Index for January showing a 1.7% monthly increase in average asking prices, the largest since 2020. Buyers are rushing to beat rising house prices before stamp duty thresholds decrease in April, prompting a surge in new sellers and increased buyer demand, although uncertainties about interest rates and tax changes loom ahead.
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How Social Security Privatization Could Change the Role of IRAs in Your Portfolio
Social Security privatization proposes shifting the government-run system to personal investment accounts, allowing individuals to manage a portion of their Social Security taxes. The debate has intensified amid concerns that budget cuts to the Social Security Administration could signal a move towards privatization, fundamentally altering retirement savings and the value of other savings methods like IRAs. Explain It To Me Like I'm 5: Social Security privatization is a plan to let people invest some of...
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