As you choose your benefits for 2020, don’t overlook a key saving account that could beat your 401(k) plan — at least in terms of taxes. This year, nearly 3 in 10 employers that offer workplace benefits provided a...
The Federal Reserve’s decision to cut interest rates by a quarter point for the third time this year is meant to bolster the economy. Everyday Americans may lose some ground. On the one hand, lower rates often...
Sen. Mitt Romney, R-Utah, is taking the lead on a new proposal aimed at fixing funding shortfalls for Social Security, Medicare and the nation’s crumbling highways. What the plan may mean for the future of Social Security has some...
When you’re trying to balance multiple financial responsibilities at the same time, saving for retirement may seem like a lesser priority than your other tasks. In fact, 42% of workers say they don’t want to think about retirement planning until they get...
As cost-of-living adjustments (COLA) go, it’s paltry. Some 68 million Social Security beneficiaries will receive a 1.6% increase in their monthly check starting in 2020. That means the average Social Security beneficiary will see their benefit increase by just $23.40 a month...
This would seem to be a reasonably straightforward question to answer. On the surface, it would appear a federal employee could add up his assets (TSP, IRA’s, savings, etc.) then subtract his debts (mortgage, credit cards, car loans, etc.), and voilà…he would...
It’s possible to live on Social Security if you scale your expenses accordingly. That means you have to find a way to keep your housing costs as low as possible since, for most people, that’s the biggest expense they pay each month.
The uncertainty inherent in retirement planning is understandably worrisome for a lot of people. There are so many ways it could all go wrong — you might live longer than you anticipated, you could develop serious health problems, or your savings might...
We all need stuff, from cars to laptops to clothes. That doesn’t mean you have to walk into a store and plunk down money for brand new items each time. Just as the new car you drive off the...
It’s possible to live on Social Security if you scale your expenses accordingly. That means you have to find a way to keep your housing costs as low as possible since, for most people, that’s the biggest expense they pay each month.
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