Davidson News

Davidson News

A Lottery Winner Makes Tough Decisions Between Lump Sum or Annuity Payouts

The financial choices lottery winners make with their lottery payout. Lottery winners face a crucial decision between getting a large lump sum right away or receiving regular annuity payments over time. As reported in an article by LOCAL 10, lottery winner Claudy Charles, 55, hailing from Homestead, claimed his recent lottery prize at the Tallahassee … Read more

Top Happiest Cities in US—Revealed!

Check out the top happiest cities in US. While money cannot always buy happiness, recent data reveals that moving to a new place may result in an improved quality of life. The environment, wealth, community, and general well-being of its residents differ widely among American cities. According to research, money can lead to happiness in … Read more

Mega Millions Lottery of $1 Billion Jackpot : Annuity or Lump Sum?

The jackpot has increased to an estimated $1.25 billion as an annuity and $625.3 million as the lump sum cash option in Mega Millions lottery. The Mega Millions lottery jackpot has increased to an estimated $1.25 billion as an annuity and $625.3 million as the lump sum cash option after Tuesday’s drawing produced no winners. … Read more

A CEO’s Annual Compensation is Equivalent to Five Lifetimes Worth of Employee Work According to a Report

The employee’s salary is significantly lower compared to that of their employer. Despite that CEO pay experienced a slight decrease from the previous year, the decline was significantly smaller than the drop in stock prices during the same timeframe. The average CEO of S&P 500 companies earned a significant amount of $16.7 million in compensation … Read more

Social Security Payments, Benefits And IRS Refunds Update For 2023

For breaking several regulations dating back to 2012, the CFPB (Consumer Financial Protection Bureau) initiated action against Bank of America. The second-largest bank in America, which serves 68 million individuals and small businesses, will pay $250 million in penalties and settlement money. The bank allegedly collected garbage fees, withheld credit card benefits, and had workers … Read more

Stimulus Checks 2023: You Can Receive Upto $1400 As Direct Payment

Congress authorized the issuance of three stimulus funds totaling $931 billion between April 2020 and December 2021 to assist qualified individuals and families throughout the pandemic. The majority of those earning less than $75,000 or married individuals earning less than $150,000 were eligible for the relief funds. 2021 Recovery Rebate Credit As of December 31, … Read more