Survey of Consumer Finances
Real median family net worth rose 2 percent to $215,900 from 2022 to 2025, the Fed found. Median wealth fell 23 percent for families younger than 35 and rose 37 percent for those older than 75.
Florida's condominium regulator says a milestone inspection with no recommended repairs does not authorize an association to pause or reduce structural reserve funding.
Marco Island has no official city cost index. Federal data put median gross rent at $1,990 and median home value at $896,300, while nearly half of all housing units are reserved for seasonal use. Current city tax and utility schedules add the local charges.
CMS finalized a mandatory Medicare Part B drug-pricing model using international benchmarks. The five-year performance period starts April 1, 2027.
Treasury says it completed automatic enrollment for Trump Accounts, leaving more than 60 million additional eligible children with accounts that a parent or guardian can claim.
Florida's amended condominium reserve rule takes effect October 4. Mandatory forms will record each SIRS funding method and whether it leads to an assessment or borrowing.
CMS finalized a mandatory drug-payment model using international prices in selected Part B rebate calculations. It will cover about 25 percent of Original Medicare beneficiaries and may lower cost sharing from April 2027.
Bonita Springs has no official city cost index. Federal city data put median gross rent at $1,882 and median home value at $497,100, while seasonal use accounts for 81.6 percent of vacant homes. Local millage and utility rates show costs that the Lee County price level cannot.
HUD will raise the upfront guarantee fee on new Section 184 firm commitments, including refinances, from 1.00 to 1.50 percent on October 1. Existing guarantees are unaffected and the annual fee stays at zero.
Freddie Mac's average 30-year fixed mortgage rate rose to 7.03 percent from 6.95 percent. The 15-year average climbed 16 basis points to 6.42 percent this week.
A Florida appeals court vacated a $66,704.03 condominium special-assessment award because the association had not pleaded a claim for the money. The underlying account dispute remains open.
Florida has no personal income tax, so retirement income is not taxed by the state. In Southwest Florida, retirees still face federal income-tax rules, locally variable property taxes, a 6 percent state sales tax and, in Lee County, a 0.5 percent county surtax.
Cape Coral has no official citywide cost index. The federal metro price level was 102.3 in 2024, but city median gross rent was $1,998, 6.8 percent above Lee County. Owners face a different equation shaped by mortgage status, property taxes, utility connections and annual city assessments.
Freddie Mac's average 30-year fixed mortgage rate rose to 6.95 percent from 6.76 percent last week. The 15-year average increased to 6.26 percent from 6.09 percent.
OPM is reviewing the three-option limit for federal employee health plans and asking whether high-premium offerings should be removed. The request starts a policy review but makes no immediate coverage changes.
Federal undergraduate loans first disbursed from July 2026 through June 2027 carry a 6.52 percent fixed rate. Graduate unsubsidized loans are 8.07 percent and PLUS loans are 9.07 percent.
New Jersey American Water rates rise September 15 after regulators approved a $68m annual revenue increase. Eligible water customers will receive a separate $9.88 monthly PFAS settlement credit for 12 months.
Florida's two public SIRS databases contain 8,961 distinct normalized association names. The count is useful for lookup, but it is not a statewide compliance rate.
HUD filed its FY 2027 Fair Market Rents notice on August 31, effective October 1. The utility half of the inflation factor is now built from state level Energy Information Administration prices instead of a discontinued local CPI.
The Medicare income surcharge is not a percentage of anything. It is a step, set by a tax return filed two years ago, and crossing a threshold by a single dollar moves a couple's combined premium by more than $2,290 a year. The number of people paying it rose by a million in 2026.
AR 90-2(2) carried the Second Circuit's decision in Ruppert v. Bowen into agency practice from 1990. A 2024 final rule wrote the same standard into the regulation nationwide, which leaves the ruling obsolete.
The proposed rule would end the two in-person consular visits and drop the requirement that a passport have a year or less left to run. State puts the yearly saving at $148,685,935.
Search the phrase and the first page of results returns 2032, 2033 and 2034 as the year Social Security runs out of money. All three appear in the 2026 Trustees Reports, and each belongs to a different trust fund. The government publishes a fourth date, in a separate letter sent to Congress on the same morning, and that one falls in 2031.
Six people describe what global economic conditions changed about their decisions. None of them changed a forecast. Every one changed the structure of a commitment instead, and the Federal Reserve publishes the error table that explains why.
Prohibited transaction exemption 2026-07 is in effect from 10 to 16 September 2020. It covers the Liberty Puerto Rico 401(k) Savings Plan holding and selling rights to buy Liberty Latin America shares.
The Eleventh Circuit reversed summary judgment for Royal Caribbean in a suit over its retirement plan. An ERISA plaintiff need not produce an apples-to-apples comparator fund to show an investment was objectively imprudent.
Four people who move money across borders describe losing it in the same place: a conversion somebody else priced, found later at reconciliation rather than at the till.
Section 401(a)(9)(C)(v) sets the age at which retirement withdrawals become compulsory. Read as written, it assigns people born in 1959 an age of both 73 and 75. Treasury says so itself, in a footnote, and the paragraph of the regulation that would settle it is blank.
The old text sent employees with under ten years of service, and divorced spouses, to the Social Security Administration. The statute stopped saying that in 2001 and, for divorced spouses, in 1981.
The Board's regulation still capped a disability annuitant's outside earnings at $400 a month, a figure Congress replaced in 2007. The statutory limit for 2026 is $1,320. A rule filed Friday fixes it without asking for comment.
Notice 2026-48 sets out how the SECURE 2.0 Saver's Match will be claimed. It runs on a new Form 8880-A, requires an IRA tracking number issued to a registered provider, and takes comments until 5 October.
A matching program filed on Thursday lets the Office of Personnel Management hand Social Security civil service annuity payment data to check self-certified eligibility for Extra Help. It runs 18 months.
Appendix A would be removed and reserved. The model list of drugs and equipment moves into an advisory circular that the FAA describes as one way, but not the only way, to comply.
The pause covers airline liability for mishandled wheelchairs, refresher training, pre-departure notifications and fare difference reimbursements, and now the onboard wheelchair training rule due to take effect on 2 October.
The Transportation Department extended the comment period on its airfare advertising proposal by 21 days, after requests from Airlines for America, Southwest and the Travel Technology Association.
Every federal estate tax exemption and top rate from 1916 to 2026, in nominal dollars and in constant 2025 dollars. The exemption has been cut outright twice. Inflation has cut it far more often, and the longest freeze did more to widen the tax than any statute did.
Treasury Secretary Scott Bessent gave the first enrollment figure for Trump Accounts in remarks to the Financial Literacy and Education Commission on July 27, 2026, published by Treasury as prepared for delivery.
The median single-family flood policy in force in Collier County on 27 July 2026 costs $1,328 a year, and in Lee County $1,757, computed from FEMA's own policy file. FEMA's published full-risk figures for the same two counties are $3,195.08 and $3,794.90. The gap is the subsidy, it is being closed by statute at up to 18 percent a year, and Collier's is the widest of any large county in Florida.
Amendment 3 on the November 3 ballot raises the non-school homestead exemption to $150,000 in 2027 and $250,000 in 2028, and cuts the assessment cap on non-homestead property from 10 percent to 5 percent. It does not touch the 1992 Save Our Homes cap that gives it its name. State economists put the recurring cost at $11.8 billion a year, including $203 million in Collier County and $453 million in Lee.
The cost-of-living adjustment is not a policy decision. It is an arithmetic operation on three monthly numbers that have not been published yet. The Trustees assumed 2.7 percent for the raise arriving next January, and on the last index reading before the measurement window opened, 2.7 percent would require prices to fall.
Florida Statute 553.899 makes a structural milestone inspection mandatory for condominium and cooperative buildings three habitable stories or taller once they reach 30 years of age. Coastal counties may pull that trigger forward to 25 years, and Collier County has. The first two years of statewide data show where the real cost lands, and it is not the inspection.
Florida's homestead exemption and its Save Our Homes assessment cap are different benefits, and in a high-growth market like Collier County the cap is usually the larger one. Portability lets you carry that cap to a new home, up to $500,000 of it, if you move within three years.
Florida law makes a board propose a substitute budget when assessments rise more than 15 percent. The statute then excludes reserves, structural items and insurance from that calculation. Those are the three costs actually driving condo budgets in Collier and Lee.
Florida has no income tax. Leaving a high-tax state cleanly is harder than moving. The line is 184 days, any part of a day counts, and states like New York audit the wealthy who cross it.
Bought at auction in July 2016, it returned 3.381% a year in nominal terms. The nominal note sold beside it yielded 1.59%.
Chase originated $17.2bn, Wells Fargo $9bn and Bank of America $3.5bn in first mortgages in the second quarter.
Annual CPI inflation slowed to 3.5 percent, from 4.2 percent in May. Core CPI was flat on the month.
Final regulations require participants and material advisers to disclose certain CRAT and annuity arrangements.
FCRA claims do not involve unlawful discrimination under section 62(a)(20), the Tax Court held in Eiler.
Announcement 2026-12 revokes four section 501(c)(3) determinations, with effective dates going back to 2022.
The IRS will abate three common penalties without a request from taxpayers who have three clean years behind them.
The business standard mileage rate rises to 76 cents from 72.5 cents for travel on or after July 1.
Final rules undo a 2019 regulation that could have made a death benefit taxable after a routine 1035 exchange.
The surcharge took effect July 1. The rules that say who owes it are still in draft.
Sportsbook losses face a new 90 percent deduction cap. Event contracts may sit outside it. The IRS has not ruled.
Final regulations under section 2056A change where QDOT bonds and letters of credit must be filed.
Cooler June inflation cut one 2027 estimate to 3.7 percent, from 4.7 percent a month earlier.
Wepplo asks whether section 7508A(d) barred interest from accruing between January 2020 and July 2023.
Treasury named five ETFs on July 1. Every contribution goes into the default until the other four are switched on.
August 1 is a Saturday, so the August payment lands on July 31. It is a calendar rule, not a raise.
Nothing filed under that subtopic yet.