Oct 18, 2024 by Keith SpeightsWhy There's Bad News for Millions of Americans in Social Security's 2025 COLA UpdateThis bad news isn't for retirees.
Oct 18, 2024 by Maurie BackmanUnhappy With Your 2025 Social Security COLA? 3 Steps to Take so It Doesn't Hurt Your Retirement Finances.Next year's raise isn't exactly generous, but that doesn't mean your finances are doomed.
Oct 18, 2024 by Kailey Hagen, CFPWhy Unused 529 Plan Funds Might No Longer Be a Concern With This RuleExcess 529 plan contributions can now take on a whole new purpose besides education costs that could prove even more valuable to the beneficiary.
Oct 17, 2024 by Kailey Hagen, CFPThis 2025 Medicare Change Could Be a Lifesaver for Those on Prescription DrugsThis could help those who routinely take medications save a ton of money next year.
Oct 17, 2024 by Katie BrockmanThis Social Security Move Takes Just Minutes but Could Transform Your RetirementSome of the most powerful strategies take little to no effort.
Oct 17, 2024 by Maurie BackmanOpen Enrollment Is Here: 3 Signs It's Time to Change Your Medicare Advantage PlanThere's no need to stick with a plan that isn't meeting your needs to the fullest.
Oct 17, 2024 by Kailey Hagen, CFPSocial Security's 2025 Cost-of-Living Adjustment (COLA) Is a Bit of a Downer. But There's a Silver Lining for Some Early Claimers.Claiming early has its drawbacks, but one of them is about to get a little easier to manage next year.
Oct 17, 2024 by Maurie BackmanThis Social Security Change Will Deal Higher Earners a Blow in 2025If you earn a large paycheck, you may not be happy about this news.
Oct 16, 2024 by Maurie BackmanSocial Security Benefits Get a 2.5% COLA in 2025. Here's Why You May Not Get to Keep It All.Don't start counting that extra money just yet.
Oct 16, 2024 by Katie BrockmanThis Is the Average Social Security Benefit at Every Age From 62 to 70The average benefit varies widely by age, and research shows some filing ages are better than others.
Oct 16, 2024 by Maurie BackmanIs a Living Trust Really the Best Way to Pass an Inheritance to Your Family?It's an option worth looking into, but it may not be ideal for you.
Oct 16, 2024 by Matt Frankel, CFP4 Situations Where It Makes Perfect Sense to Claim Social Security EarlyYour Social Security benefit will be reduced, but in some cases it can still make sense to start collecting benefits early.
Oct 16, 2024 by Trevor JennewineSocial Security's 2025 Cost-of-Living Adjustment (COLA) Comes With Bad News and Worse News for RetireesRetired workers on Social Security will receive a 2.5% cost-of-living adjustment in 2025.
Oct 16, 2024 by Maurie BackmanHere Are the 2025 Social Security Earnings-Test LimitsBe mindful of these numbers if you plan to work and collect Social Security at the same time.
Oct 15, 2024 by Katie BrockmanSocial Security Spousal Benefits: Here's How Much the Average Check Will Go Up in 2025If you're married or divorced, you may be getting a Social Security raise next year.
Oct 15, 2024 by Matt Frankel, CFPHere's the Maximum Social Security Tax You Could Have to Pay in 2025The Social Security Administration announced a hefty increase to the taxable maximum for next year.
Oct 15, 2024 by Maurie Backman2 Reasons Not to Invest Like Warren Buffett for Retirement -- Even Buffett AgreesYou might admire him, but you don't need to follow his lead.
Oct 15, 2024 by Adam LevyReinvesting Your Required Minimum Distribution (RMD) in Retirement? Here's What You Need to Know.There are some big pitfalls to avoid, and the penalties could be substantial.
Oct 15, 2024 by Keith SpeightsSocial Security's 2025 COLA Will Be 2.5%. Here's Why Most Retirees Will Probably See a Smaller Increase in Their Monthly Benefit.A Social Security benefits increase is coming. But higher Medicare Part B premiums are likely coming, too.
Oct 15, 2024 by Maurie BackmanThis Is the Average Social Security Benefit Once 2025's COLA Takes Effect -- and How You Can Score a Much Larger One for Your RetirementBenefits are rising in the new year, but for many, they still won't be enough to live on.