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Make the Most of Free Money

Money Talk

Retail Rewards - Loyalty programs are common among retailers and restaurants and shoppers can earn points that convert to cash-off or free meals. Tax Refund Adjustments - Sometimes people miss a tax credit, deduction, or adjustment and need to file an amended tax return. The IRS views these rewards as discounts and not income.

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The Impact of Indexing: 13 Real World Examples

Money Talk

For example, the Consumer Price Index (CPI) measures changes paid by consumers for frequently-purchased retail goods and services. Pension COLAs - Pension benefits for some retirees are also indexed for inflation. An example is pensions for federal government workers and military retirees and disabled veterans.

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