It’s officially income tax season and tax returns for tax year 2022 (1/1/22- 12/31/22) are due on April 18, 2023. Many taxpayers are now receiving- and organizing- W-2 forms for salary income, 1099 forms for a wide variety of income sources (e.g., self-employment, royalties, pensions and annuities, dividends, interest, government payments, and Social Security), and other documents needed for tax preparation.
On a recent flight home, I had the privilege of sitting next to a military service member returning home from a 6-month deployment. We made small talk, and she shared that her husband was also in the service and that they both got deployed around the same time, to separate locations in two different countries. Her husband had been deployed for four 4 months and would be waiting for her at the airport.
Military-connected populations, including military families, face unique needs and barriers in finding services and care for family members.
Payments on federal student loans are currently suspended, without interest, until sometime in 2023. In early January, the exact start-up date for payment resumption is unknown due to ongoing litigation regarding the proposed student loan debt forgiveness plan to cancel up to $20,000 of debt held by eligible borrowers.
In my experience working with human networks, I’ve found that one of the best ways to help people start working as part of a network is to show them they are in a network.
On December 6, 2022, OneOp held its eighth annual Personal Finance Year in Review webinar. During the 3½ weeks between the webinar and December 31, several additional noteworthy events occurred. Below are five topical updates:
Personal finance research informs high-quality financial education briefings, publications, and 1:1 financial counseling sessions with clients. Below are findings and implications for practice from three recent studies:
This material is based upon work supported by the National Institute of Food and Agriculture, U.S. Department of Agriculture, and the Office of Military Family Readiness Policy, U.S. Department of Defense under Award Number 2023-48770-41333.
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