savings
The Retirement Rollover Flexibility Act
The Retirement Rollover Flexibility Act was reintroduced in both the House of Representatives and the U.S Senate on December 4, 2025. This bipartisan, bicameral legislation will allow retirement savers to roll over their Roth IRA savings into a Roth account…
Lower prices for 15 high-cost drugs
The Centers for Medicare & Medicaid Services (CMS) announced that 15 high-cost drugs used by millions of Medicare beneficiaries will get Medicare price cuts in 2027. Seniors are expected to receive an estimated $685 million in out-of-pocket relief, benefiting the…
Are you maximizing your HSA?
Having a health savings account (HSA) offers triple tax savings, where you can contribute pre-tax dollars, pay no taxes on earnings, and withdraw the money tax-free now or in retirement to pay for qualified medical expenses. HSA can be a…
Healthcare costs in retirement
The latest survey conducted by the Nationwide Retirement Institute found 73 percent of respondents list healthcare costs as one of their top concerns for retirement. Also, 71 percent of the respondents say they are terrified of how the expenses could…
Australian retirement system
The new retirement buzzword that is being played out in the mainstream media is the Australian retirement system. What is it? It is primarily based on superannuation, a compulsory savings scheme designed to ensure that Australians save for their retirement,…
Americans retirement readiness is improving
Two out of five Americans are on track to meet their spending needs in retirement; however, the typical American will have an annual shortfall of $5,000 in spending, according to Vanguard. “Although we see progress, there is still more work…
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…
The contribution limits are increasing
Social Security is a federal government program funded through payroll taxes that provides a basic level of retirement income. However, Social Security is only designed to replace about 40 percent of your pre-retirement income, not all of it. Over 70…
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.,…
New 2026 IRS Rules which may affect your retirement
With each changing year, the IRS updates its rules, and those which affect retirement are among them. Such is the case for year 2026, where the IRS has issued new rules which may help you save more for your retirement.…