ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Medora Lee | Money and Personal Finance reporter
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Good morning! It's Medora Lee with your Daily Money. |
When it's best to begin taking Social Security is always debatable, and this Monday morning is no different. USA TODAY explores two different views. |
One column debunks the idea promoted by Dave Ramsey , a radio show personality who offers financial advice, that taking Social Security early and investing it will net you a bigger return than you'll get from the government if you wait. Another says, hold on a minute. Maybe there are times claiming early can increase your lifetime benefit. Read more about that here, and you can decide. |
We always hear inflation, sky-high home prices and lack of housing is pushing rents higher, but beneath the surface, something more sinister is also boosting rent prices: rampant fraud. |
Scammers, who have no intention of paying for their apartment, have gotten more sophisticated, creating fake identities to get them in and then taking advantage of tenant-friendly laws to occupy units for long periods of time. The fraudsters often use the apartments to commit crimes, or illegally sublet them, pocketing the cash, property managers say. This costs landlords money and may lead them to raise rents to cover the losses. Worse, the scammers' crimes may out other residents in danger. | In June 2023, a fraudulent California resident took a sledgehammer to his apartment. Due to extensive renovations and necessary city inspections to "rebuild" the unit, the unit couldn't be rented for "an extended period," said Camden COO Laurie Baker. Laurie Baker |
📰 More stories you shouldn't miss 📰 |
Finally, here's a popular story from earlier this year that you may have missed. Feel free to share it. |
The whirlwind of tax season is officially over, but it's important for you to know that you have until May 17 to file for a refund that you may be owed from tax year 2020! |
The IRS estimates that 940,000 taxpayers are still owed money from 2020. The total amount of those tax refunds is more than $1 billion! So while we're all exhausted from filing 2023 taxes, it could be worth your while to check your prior year tax returns to see if you're missing out. If you don't have your W-2, 1099, 1098s and other documents for those years, you can order a free wage and income transcript from the IRS using its "Get Transcript Online" tool. |
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. | | | | Florida Gov. Ron DeSantis signed into law this week a ban prohibiting the manufacture and distribution of lab-grown meat in the state. | | | |  | OpenTable released its top 100 restaurants for Mother's Day brunch Tuesday. See the best spots in your state. | | | | While the stock market has demonstrated some resiliency in the face of lingering inflation, investors have other opportunities too. | | | | During US Teacher Appreciation Week, which is May 6-10, 2024, teachers can get food freebies and discounts on clothing and school supplies and books. | | | | The NHTSA recently announced recalls for 257,495 vehicles. This includes Hyundai and Ford vehicles. | | | | Sens. Elizabeth Warren and Bernie Sanders question nursing homes' corporate spending amid industry opposition to a new federal staffing rule. | | | | If guests on Holland America Line's Alaska cruises don't see a glacier as advertised, the line will give them a credit. | | | | Punaluu Black Sand Beach is a famous and sacred place, and a proposed resort development is causing the local community to be divided. | | | | How much does it cost to live the American Dream? More than most of us can afford, according to two recent studies. | | | | Rental fraud's soared since the pandemic, costing landlords and ultimately, you, more money. Worse, they can pose a safety threat to your home. | | | | |  | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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