The financial future of the more than 70 million Americans who receive Social Security benefits is slightly more secure than anticipated: The trust fund reserves used to pay beneficiaries are ...
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If you’re retired, what should you do about recent gyrations in the stock market? During 2024, the S&P 500 gained 25% when you include the return from dividends. ...
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Once you turn 50, and especially after age 65, you may qualify for extra tax breaks. Older people get a bigger standard deduction, and they can earn more ...
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Hiring freezes, the new Career/Policy classification, freezes on this and that program. It’s all causing lots of federal employees to consider retiring. My next guest warns, don’t do ...
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A new survey from TIAA points to a rising tide in demand for lifetime income products within DC plans, though a lack of understanding among employers could slow ...
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Retirement often feels like the light at the end of the tunnel — a time to relax, enjoy life, and finally pursue the dreams that were put on ...
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Retirees settling into their golden years may be considering the idea of a new home. Most often, a new home means taking on a new mortgage in retirement. ...
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An aging population, coupled with fewer companies offering pensions, means that a smaller portion of the population overall is prepared for retirement. The typical household headed by someone ...
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Comments Off on Retirement plans are changing in 2025: What to know
One of the best ways to save for retirement is to use your company’s 401(k). And it’s about to get even better in 2025. With the turn of the ...
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Comments Off on This big 401(k) change in 2025 could supercharge your savings. Here’s why.
WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024. The ...
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