What's popular isn't always what's best for Social Security.
A little over a month ago, voters from across the country headed to the polls or mailed in their ballots to determine which presidential candidate would lead our nation forward for the next four years. Mere hours after the last polls...
Stock Markets
Major stock indexes closed mixed this week. The 30-stock Dow Jones Industrial Average (DJIA) dipped by 0.60%, while the Total Stock Market Index rose by 0.91%. The broad S&P 500 Index climbed by 0.96%, and the technology-heavy Nasdaq Stock Market Composite gained by 3.34%. The NYSE Composite descended...
If your checking account is usually empty by payday, does that mean you are living from paycheck to paycheck?
As it turns out, “paycheck to paycheck” means different things to different people.
Nearly...
New leadership has yet to be sworn in, in Washington, D.C. Yet Sen. Mike Lee, R-Utah, ignited a debate this week on the future of Social Security with a series of posts on social media platform X.
A new analysis by Fidelity Investments, one of the largest providers of 401(k) retirement plans, found that the number of accounts with balances topping $1 million rose by 9.5% in the third quarter.
All told, of the...
Every year, the Internal Revenue Service (IRS) will make cost-of-living adjustments to American retirement plans, with the changes usually amounting to an attempt at countering inflation by increasing the maximum contribution limits for the various types of retirement plans.
...
Imagine working hard to save money for retirement, only to lose track of your account and leave your money unclaimed.
It might sound far-fetched, but it's the reality for millions of Americans. Research from Capitalize found that by May 2023, 29.2 million 401(k) accounts had been forgotten. These accounts hold...
As 2024 comes to a close, it’s important to consider a key tax planning aspect: managing modified adjusted gross income (MAGI).
This often-overlooked and confusing figure can have significant tax implications for many taxpayers, including retirees. That's partly because your MAGI can impact everything from Medicare premiums and capital gains...
Cable broadband providers have expanded their offerings to include mobile service, giving Americans more choices for their cell providers than ever before. And when bundled with home broadband service, the savings are clear.
Helping Americans’ bottom line
With new options available from cable broadband, the once stagnant mobile marketplace has begun...
The Social Security Administration has announced several changes set to go into effect next year to address inflation and the financial stability for more than 70 million recipients.
The changes are set to affect those who retire, those who receive disability payments and Veterans Affairs benefits, and others who rely...
