Organizing monthly finances is a top priority for Social Security beneficiaries in the United States, making the payment dates crucial. For retirees, understanding when payments are made can help plan effectively, especially as the Social Security Administration (SSA) assigns specific dates based on birth dates...
Looking to stretch your dollars further? With a few savvy strategies, saving money can be simple and even enjoyable! Whether you’re dreaming of a vacation, planning holiday celebrations or trying to keep grocery bills down, smart spending habits can help you achieve more without straining your budget. From finding...
People have all sorts of advice on saving, and when doling it out, money experts often overlook those living paycheck to paycheck. I saw one of these experts on television recently saying people should have three separate savings accounts for their home expenses—one each for appliances, furniture and home...
Big changes are just a few weeks away.
The 401(k) is a go-to account for workers to build their retirement savings, and the IRS has just announced updates that could shake things up in 2025.
On Nov. 1, the 2025 contribution limits were unveiled -- and they are bigger than ever....
There's a benefit to saving for retirement in a 401(k) over an IRA. With a 401(k), you get the ability to contribute a much larger sum each year. And if you're lucky, a workplace match could put more money into your retirement plan.
The contribution limits for 401(k) plans can...
The average American worker begins saving for retirement around age 28, according to a recent Voya Financial survey, but the majority wish they'd started earlier. This is understandable. The sooner you begin saving for retirement, the less of your own money...
By some estimates, almost half of US private sector workers — close to 57 million people, according to AARP — do not have access to a retirement plan at their jobs. That’s either because their company doesn’t offer one or because...
Gen X tends to fly under the radar when it comes to talking about finances. However, the generation has been reported to have little to no savings — for retirement or otherwise.
GoBankingRates wanted to hear from...
The Social Security Administration (SSA) addresses widespread misinformation about a supposed $600 increase in Social Security benefits. This section delves deeper into the implications of these false claims and how they have affected the SSA and its beneficiaries.
Stock Markets
After the exuberant post-election rally, the stock market takes a breather as winning investors take profits. Major stock indexes across the board ended lower this week. The 30-stock Dow Jones Industrial Average dropped by 1.24% while the Total Stock Market fell by 2.15%. The broad S&P 500 Index...
