Many people worry about the future of Social Security and whether their benefits will be there when they retire. Polls show low confidence in the program’s future, with a majority…
Are you looking to focus on retirement in 2025? According to financial experts, early January is the ideal time to increase your 401(k) plan contributions. A Bankrate survey revealed that…
In 2025, retirees are in for some major changes to their Social Security and Medicare benefits. President Joe Biden is set to sign a bill that will increase Social Security…
If you’re looking to boost your retirement savings, here are some key changes to consider for your 401(k) plan in 2025. Maximize Contribution Limits Starting in 2025, the contribution limit…
President Joe Biden Signs Social Security Fairness Act Major Boost in Benefits for Public Sector Workers President Joe Biden signed the Social Security Fairness Act on Sunday, a bipartisan legislation…
President Joe Biden signed the Social Security Fairness Act into law, benefitting nearly 3 million public workers, including teachers, firefighters, and police officers. The Act eliminates the Windfall Elimination Provision…
A penalty ‘for maxing out too early’ According to research from Vanguard in 2023, lump-sum investing, or putting larger amounts of money into the market sooner, can increase growth potential…
The recent surge in bitcoin and other cryptocurrencies has caught the attention of some investors, but many financial advisors remain hesitant about including these volatile assets in 401(k) plans or…
Social Security Changes and Tax Implications: What You Need to Know Almost 3 million individuals are set to receive increased Social Security benefits due to new legislation signed by President…
Top 25 Medicare Part D Drug Prices See Nearly 100% Increase Since Market Introduction A recent report from AARP reveals that the list prices for the top 25 prescription drugs…
The Rise of Target-Date Funds for Your 401(k) Target-date funds have become the go-to choice for many 401(k) participants looking to streamline their retirement savings. As of 2023, around 29%…