Headlines
The Enhancing American Retirement Now Act
The U.S. Senate Finance Committee unanimously approved The Enhancing American Retirement Now (EARN) Act on Wednesday. The EARN Act, and the previously approved retirement-related measure called the Rise & Shine Act, represent the Senate’s version of Secure 2.0. The Secure…
Is claiming your benefits at 62 right for you?
You can claim your Social Security retirement benefits as early as age 62. However, you are entitled to full benefits when you claim your benefits at your full retirement age. There is no right or wrong age to claim your…
Americans have many concerns about the future of Social Security
In response to the recent Social Security Trustee’s report, seven out of 10 respondents to a new PlanGap study doubt that they will receive their promised Social Security benefits. The 2022 Trustees’ report found that without changes, the Old-Age and…
Consider making the following moves for a more secure retirement
Whether you feel financially secure or insecure, with inflation at a 40-year high, the economic factors will impact your retirement savings and investments. So, what should you do if you are considering retirement during these times? Heather Taylor outlines eight…
How is Inflation Hurting You?
In the wake of yet another horrible report about spiraling inflation, and with consumer prices now approaching 9% higher than last year, most Americans are finding it necessary to adjust their lifestyle. Indeed, many have found it necessary to postpone…
Social Security is an ever-evolving program, but it remains the same
If you are at or nearing retirement age, it is essential for you to know the basics of Social Security. Every year the Social Security program implements some changes; however, the core remains the same. So how does the program…
The Stumbling Blocks to Social Security Reform
If you’ve paid attention to the news at all, you know that Social Security’s Trustees recently released their annual report, with some good news peeking out from a wagonload of bad news. The good news? Current projections are that the…
Health Savings Accounts (HSAs): What You Need to Know
A Health Savings Account, or “HSA” is a wonderful financial vehicle, offered by many employers and used by millions of Americans to pay for their healthcare expenses using un-taxed savings. Monies contributed to an HSA (and often matching funds contributed…
Resolving Social Security’s Financial Woes
“No one is talking about eliminating Social Security or Medicare. We must, however, come to the table with serious solutions to ensure the federal government keeps its commitment to current and future beneficiaries. ” That is the admonition to Congress offered…
Large COLA Increase Next Year? The “not so good” Reason It’s Probable.
How can we argue that current projections for a historically large Cost of Living Adjustment (COLA) for next year will not be such a wonderful thing? Simple – because that probable large COLA increase to your monthly Social Security benefit…