A distant view shows a mountainous landscape with sloping peaks, green trees in the foreground, and a cloudy sky above.

<a href="https://midhudsonnews.com/2026/07/19/lawler-introduces-bill-to-reduce-federal-taxes-on-public-pensions/" target="_blank" rel="noreferrer noopener">Lawmaker Introduces Bill to Reduce Federal Taxes on Public Pensions | Mid-Hudson News</a>



A New York lawmaker has introduced a bill in Congress that would reduce the amount of federal tax retirees owe on public pension income. Under current law, the federal government taxes pension payments like ordinary income, but the Public Service Retirement Tax Relief Act could provide tax relief up to $10,000 for individual taxpayers, if passed.



<a href="https://www.cnbc.com/2026/07/15/public-service-loan-forgiveness-pslf-changes.html" target="_blank" rel="noreferrer noopener">Public Service Loan Forgiveness Has New Rules — 3 Changes Borrowers Should Know About | CNBC</a>



New rules took affect this month for the Public Service Loan Forgiveness program, which forgives student loan balances for borrowers working in government and other public service jobs. Here’s what to know about what’s changing and who remains eligible for the program.



<a href="https://www.upworthy.com/after-watching-how-boomers-retired-forward-gen-x-is-retiring-backward/" target="_blank" rel="noreferrer noopener">After Watching How Boomers Retired ‘Forward,’ Gen X is Retiring ‘Backward’ | Upworthy</a>



Are you planning to retire “forward” or “backward”? While many people look ahead to retirement and picking up new hobbies or experiences, there seems to be a growing trend among younger retirees and soon-to-be-retirees of looking back at the things they enjoyed earlier in life and resuming those activities in retirement.



<a href="https://crr.bc.edu/a-mid-year-money-checkup-can-help-fine-tune-your-finances/" target="_blank" rel="noreferrer noopener">A Mid-Year Money Checkup Can Help Fine-Tune Your Finances | Center for Retirement Research at Boston College</a>



We’re already more than halfway through 2026, and while many people wait until the end of the year or the new year to assess progress toward financial goals, mid-year is a great opportunity for a check-up. The Center for Retirement Research at Boston College has some suggestions for taking stock of your financial situation and making adjustments as needed.



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News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.

A 1040 tax form is partially covered by a United States Treasury check.

News You Should Know: Lawmaker Proposes Capping Federal Taxes on Public Pensions