3 401(k) Moves That Could Maximize Your Retirement Savings Growth in 2025
Whether you're on the verge of retirement or decades away, growing your 401(k) balance is one of the best ways to improve your financial security over the long term. But...
News
Biggest Social Security Changes Taking Effect in 2025
As we step into 2025, you may be setting financial goals for the year and putting together your to-do list. While you're at it, you should also keep tabs on...
5 2025 Social Security Rules That Take Effect Today
The start of a new year is a time of change. Many people switch jobs or healthcare coverage around now, and they may also be trying to navigate New Year's...
Turning 62 in 2025? 3 Things to Know Before Applying for Social Security
Turning 62 is a big milestone. For many, it marks the end of a decades-long career. It also signals eligibility for Social Security benefits, a primary source of income for...
6 Social Security Changes That Take Effect Today
For the last 85 years, Social Security has been providing a financial foundation for aging Americans who could no longer do so for themselves. Based on an analysis from the...
Suze Orman Says a $2 Million Retirement Nest Egg Is Chump Change. Is She Right?
Most of us are not independently wealthy, so if we're on the ball, we're busy saving and investing in order to build nest eggs to support us in retirement. Many...
The 2025 Social Security COLA Was Announced in October. Here’s What That Means for Retirees.
The annual Social Security cost-of-living adjustment, or COLA, is based on third-quarter inflation data, so it was officially announced in October when the last of the official CPI data from...
This Social Security Mistake Is All Too Common, and It Could Cost Retirees Thousands of Dollars
Gallup earlier this year reported that 80% of surveyed adults worry Social Security will not be available when they retire. Similarly, Nationwide Retirement Institute reported that 72% of surveyed adults...
Start 2025 Off Right — by Making These 9 Smart Moves
If you want to look back on 2025 with great satisfaction, here are some financial moves you might make now or soon:
Got a New Job for 2025? 3 Essential Retirement Moves to Make Now
January and February are when companies tend to hire the most, according to Indeed, so now's a great time to put your application out there if you're looking to make...
Here’s the Average IRA Balance by Generation
Many workers opt to save for retirement in a 401(k) or other workplace plan if they have access to one. But an IRA has its place in your savings strategy...
3 Important Changes Coming to Social Security in 2025 Everyone Must Know
The clock is ticking on politicians in Washington to make major Social Security reforms. Without changes to the program, the Social Security Board of Trustees expects to deplete the trust...
Will Donald Trump Solve Medicare’s Biggest Problem in 2025?
Burdensome regulations. Immigration. Inflation. The Russia-Ukraine military conflict. Threats to the U.S. dollar. Trade imbalances.
Social Security’s Max Benefit Is Climbing in 2025, But You Still Need to Check the Same 3 Boxes to Get It
Social Security's maximum benefit will reach a record $5,108 per month in 2025. This is the first time any retiree will take home more than $5,000 per month from the...
Social Security: Here’s Exactly How Much More You Could Earn at Age 67 Compared to 62
Social Security is critical for millions of older adults, with 43% of baby boomers expecting their benefits to be their primary source of income in retirement, according to a 2024...
These 2 States Will Tax Fewer Social Security Benefits in 2025
The average Social Security benefit is expected to be about $1,976 per month for retired workers in 2025. That amounts to about $24,000 per year, but most retirees won't get...
This Big 401(k) Change Coming in 2025 Could Supercharge Your Savings. Here’s Who Can Benefit.
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.
Planning to Pass an Inheritance to Your Family? Read This Sage Advice from Warren Buffett, First
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer.