Year: 2023

People and Papers When Creating An Estate Plan To develop a comprehensive plan, you will need certain key documents and the guidance of a professional team. The advisors you choose and the documents you require…

The IRS uses your “combined income” to determine taxability of benefits. If your income exceeds certain income thresholds, you may owe federal income tax on up to 50% or 85% of your Social Security benefits….

The Bipartisan Budget Act of 2015 made some changes to the rules for claiming retirement and spousal benefits. Deemed Filing New rules: Deemed filing now applies to everyone, even those who are full retirement age…

Contributing to an employer-sponsored retirement plan or an IRA is a big step on the road to retirement, but contributing to both can significantly boost your retirement assets. A recent study found that, on average,…

Each day, millions of parents, children, siblings, and spouses selflessly sacrifice their time and energy to care for family members affected by illness, injury, or disability. Their efforts help meet numerous social, financial, nursing, and…

It’s easy to confuse Medicare and Medicaid, because they have similar names and are both government programs that pay for health care. But there are important differences between the programs. Medicare is generally for older…

The COVID-19 recession and the continuing pandemic pushed many older workers into retirement earlier than they had anticipated. A little more than 50% of Americans age 55 and older said they were retired in Q3…

What to know before you leave About 4.3 million U.S. workers quit their jobs voluntarily in December 2021, after a record 4.5 million quit in November — the largest number since the Bureau of Labor…