4 Surprising Costco Rules All Members Should Know About
Image source: Getty Images The decision to join Costco is an obvious one for some people. You may find that the benefit of saving money on groceries and household essentials outweighs the cost of a membership. But if you’re going to shop at Costco, you need to know the rules. Here are a few that […]
Why There’s Bad News for Millions of Americans in Social Security’s 2025 COLA Update
Retirees just received some good news. Last week, the Social Security Administration (SSA) announced a 2.5% cost-of-living adjustment (COLA) for next year. Monthly Social Security benefit payments will be larger beginning in January. But there wasn’t good news for everyone. Here’s why there’s bad news for millions of Americans in Social Security’s 2025 COLA update. […]
Unhappy With Your 2025 Social Security COLA? 3 Steps to Take so It Doesn’t Hurt Your Retirement Finances.
After months of speculation about a 2025 Social Security cost-of-living adjustment (COLA), seniors finally have their answer. Benefits will be rising by 2.5% in the new year. That’s not the smallest Social Security raise in history — not even close. On more than one occasion, seniors have gotten stuck with a 0% COLA. But compared […]
Why Unused 529 Plan Funds Might No Longer Be a Concern With This Rule
Many families see 529 plans as the go-to college savings accounts because of their tax benefits. Your contributions might reduce your state income tax liability, depending on your plan, and interest grows tax deferred. If you use the money for qualifying educational expenses, you won’t owe any taxes on withdrawals. Because the government doesn’t want […]
