Seniors who enroll in Medicare aren't stuck with the same coverage for the rest of their lives. Rather, they're allowed to make changes to their coverage once a year during Medicare's open enrollment period, which runs from Oct. 15 through Dec. 7 annually.
What would a recession and a drop in the stock market mean for your retirement account?
It depends on how you manage it.
Most people use a retirement fund that only requires them to pick an end date, and from there, it’s set-it-and-forget-it, especially if you’re younger and have more time...
More Americans have retirement accounts today when compared with past decades – but that doesn’t necessarily mean everyone is saving enough to live comfortably throughout their later years.
According to a new study from the Government Accountability Office (GAO),...
Bucketing; a saving method that may help you make ends meet during this pandemic.
“We've always talked about short, medium and long term. And so I think that you can really look at your buckets however you want. Sometimes...
While personal finance strategies can vary based on individual circumstances, here are some personal finance mistakes you should try to steer clear of in 2024.
Not making a budget: The most common mistake people make is that they...
Most of us have been told that when it comes to debt, it’s best to avoid it altogether You’ve heard it everywhere: Aside from a major purchase, like a home, if you can’t pay cash for something, then you can’t afford it.
When Sam Dogan retired in 2012, he was just 34. An early member of the Financial Independence, Retire Early or "FIRE" movement, he dedicated his time to travel and working on his blog, Financial Samurai, among other pursuits.
But now, the early retirement pioneer is going back to work. The...
The Social Security Administration (SSA) can request the return of erroneous payments in any state. The rules and procedures for handling overpayments, which occur when individuals receive more benefits than they are entitled to, are governed by federal law and apply uniformly across all states.
If the SSA determines that...
Retirement can seem very far away when you're young. Unfortunately, because of this, many people who are just starting out don't save enough for it.
Saving too little early on can make it much harder to catch up later...
As the economy quickly picks up steam in the wake of the Covid pandemic, Americans expect inflation to jump in the months ahead.
Overall, the expectation is that the inflation rate will be up to 4% one year from...
