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The Social Security Child Protection Act
The Social Security Child Protection Act (H.R. 5348) was passed by the House on Monday and now heads to the Senate for consideration. This bill directs the Social Security Administration to issue a new Social Security number to a child…
Is a Medigap plan right for you?
We are in the final days of the Medicare Open Enrollment period. The Medicare open enrollment period ends on December 7th. With all the changes happening in the Medicare Advantage market for 2026, including fewer Medicare Advantage plans, trimmed-down or…
Requirements for Social Security eligibility changing in 2026
The new year begins in less than a month, and so are changes to many programs, including Social Security. One change is that the cost-of-living adjustment (COLA) of 2.8 percent will be received in January; however, so will the new…
FIRE goggles
The FIRE movement (Financial Independence, Retire Early) is a lifestyle focused on extreme saving and investing to achieve early retirement. Many people who embrace this retirement strategy view everyday purchases not as items or experiences but as the hours they…
Medicare changes for 2026
Medicare is the federal health insurance program for people who are 65 and over. Medicare is divided into four parts: Medicare Part A, Part B, Part C (Medicare Advantage), and Part D. Like many things this year, it has been…
Living on Social Security
The Social Security program was created to provide a financial foundation for lower-income workers who had worked hard throughout their lives but would otherwise not be able to take care of themselves financially during retirement. However, Social Security was never…
Why HSAs are important
Health Savings Accounts (HSAs) are not considered traditional retirement accounts; however, they serve as an important component of retirement readiness. According to the 2024 Devenir & HSA Council Demographic Survey, there are more than 39.3 million HSAs in the U.S.,…
The Importance of a “Thoughtful Retirement Planning Process”
Thinking about retirement can be a fascinating–and often frightening–exercise. For many folks, the closer they get to that phase of life, the more daunting the planning for those years becomes. Do I have enough of a financial cushion for when…
Social Security Insolvency and Why It’s a Concern for All
The gloom surrounding Social Security’s financial situation — specifically, the steadily depleting reserves and the projected 20% to 25% benefit reduction facing beneficiaries as early as 6 years from now — is a cause for alarm among America’s seniors. But,…
Legislation Proposed to Expand Benefits for Widowed and Surviving Divorced Spouses
U.S. Sen. Kirsten Gillibrand (D-NY), along with four other Democrat Senators, announced on Thursday proposed legislation aimed at expanding Social Security benefits for widowed and surviving divorced spouses. Labeled the Surviving Widow(er) Income Fair Treatment (SWIFT) Act would call for…