Family income

American families will have more money in their pockets in 2018: according to CNN, "Generally speaking, most filers benefit from the [new tax reform] bill . ." Many plan to pay down debt or save for vacations.

But in addition to paying less to the government, about a million employees of various companies will get a bonus from their employer. Some examples:

• AT&T will pay a bonus of $1000 to 200,000 American employees
• American Airlines will pay a bonus of $1000 to each employee except officers
• Comcast will pay a bonus of $1000 to 100,000 non-executive employees
• JetBlue will pay a bonus of $1000 to all crewmembers
• USbancorp will pay $1000 to nearly 60k employees
• and some companies are raising minimum wages to $15/hour

Wherever it comes from, more income is very good news for family budgets.