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Election season is quickly approaching, and with that come issues that need to be addressed. Of course, a new American president will always bring changes.

Hold onto your W-2s! The 2024 election could shake up your tax refund faster than you can say “1040-EZ.” With Kamala Harris potentially taking the Oval Office, many Americans are wondering if their refund checks will be getting fatter or slimmer.

Penny-pinchers and savings strugglers, listen up! If you’re part of the under-$10,000 savings club (and let’s face it, that’s a lot of us), you might be wondering how a second term with Donald Trump as president could impact your wallet. Will your piggy bank finally get some love, or is it time to start hoarding quarters? 

Trump, the Republican nominee for president, wrote on Truth Social: “SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY!” Seniors can start claiming Social Security benefits at age 62, with their benefits increasing every year they wait to claim until 70.