10 states paying higher property taxes (4 29 25)

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💵 Today’s Top Stories
Tax

This state charges 2.2% in annual property taxes. That’s more than $6,500 a year on a home that’s worth about $300,000. Read more.

Social Security cash money

Data predicts the year that both Social Security and Medicare benefits will stop being able to pay 100% of the benefits, and it’s sooner than you may think. Clark shares his solution to fix the problem. Read more.

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Money question piggy bank

Raisin offers 23 different savings account options paying at least 4% APY. But is your money safe and FDIC insured? And what does Clark think of Raisin? Read more.

Credit Card

In danger of missing a credit card payment and tanking your credit score? Pick up the phone, Clark says. You may be able to prevent heavy consequences by being proactive. Read more.

🛻 Jeff Bezos-Backed Electric Truck Comes Out of Stealth Mode

Did you know that Amazon founder Jeff Bezos is backing an electric truck designed to take market share from Telsa and Elon Musk?

Not many people did.

Slate Auto recently emerged from stealth mode to unveil a countercultural vehicle of sorts.

It should cost less than $20,000 after tax credits when it debuts (supposedly toward the end of 2026). That’s about one-third the price of a Cybertruck and much cheaper than the cheapest vehicle in Tesla’s fleet. It’s also cheaper than any EV in the U.S. (and cheaper than most gas vehicles).

The two-seater base model truck with 150 miles of range features old-school knobs instead of an electric display and manual wind-up (hand-cranked) windows. It’s also customizable.

The competition among EV companies continues to get more intense, which should be good for customers.

📊 Stat of the Day

📈 $16.8 million: The median pay for top CEOs in the United States in 2024. That’s up 7.5% year over year and represents an all-time record. The figure is based on CEO pay from 320 of the S&P 500 companies that filed pay data this year.

💰️ Deal Alert: Today’s Top Deals
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🎙️ Podcast

Clark loves Roth for retirement savings. If you are in a traditional retirement account, now may be the time to do a Roth conversion. Clark shares everything you need to know. Also, bank fees are making a comeback, which has inspired a classic “Clark-Rage” from Clark.

☎️ Need Money Help?

The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.

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