Browsing: Retirement

Medicare Part B premiums could rise to about $5,000 annually per beneficiary in 2035, according to a recent report from the Joint Economic Committee of the…

Americans nearing retirement are carrying more debt, relying on credit cards and home equity amid rising costs and rates, creating a shift toward entering retirement with…

Social Security’s solvency problems and advice by online financial commentators could cause Americans to accelerate their retirement benefit claims and reduce their lifetime income.Many members of…

The trust funds for Social Security and Medicare Part A seem likely to run out of money faster than was projected last year.The Congressional Budget Office…

A new type of savings account for children is on the horizon. While the details are still taking shape, one thing is already clear: employers are…

Seven years from now, more or less, the Social Security system will go bust. There isn’t enough coming in from people still working to cover the…

More than 70 million Americans receive benefits from the Social Security Administration—whether retirement, disability, or Supplemental Security Income (SSI). One big question recipients face ever year…

Within the One Big Beautiful Bill Act, the Working Families Tax Cuts establish parameters for newly created 530A accounts, commonly referred to as Trump Accounts. These…

Last night at the State of the Union, President Trump announced an executive action to create a federal retirement savings option for workers without employer-sponsored plans.…

When most people hear “529 plan,” they immediately think of college savings. While that is the primary purpose of these accounts, recent rule changes have expanded…