Do You Make $176,100 or More? You Could Have to Pay Social Security Payroll Taxes on Thousands of Dollars of Additional Earnings in 2025
Social Security changes typically occur every year. One of the most anticipated changes is the annual cost-of-living adjustment (COLA), which determines how much Social Security benefits will increase the following year. However, another change can affect a much larger portion of the population than retirees. I am, of course, referring to the payroll taxes workers […]
Surprise! These 4 Costs Aren’t Covered by Medicare — but Here’s How Retirees Can Get Them Paid For
Millions of older Americans today get health coverage through Medicare. And without it, they’d potentially be facing even larger medical bills. But while Medicare might pick up the tab for most of your care in retirement, there are a number of key services it won’t pay for. And it’s important to know what those are […]
This 2025 401(k) Change Could Help Reluctant Savers Kickstart Their Retirement Savings
Making regular contributions to a retirement account is one of the best ways to improve your future financial security. But there are some barriers that make it hard for workers, especially lower-wage earners, to build their nest eggs. One obvious problem is that not all employers offer access to workplace retirement accounts. This forces their […]
Gear Up for These 3 Surprising Social Security Changes in 2025
Social Security has been in the news a lot given the program’s financial shakiness and the potential for benefit cuts. And whenever there’s an election, Social Security tends to be a big issue for politicians to discuss. Because of this, you may have accidentally glossed over some of the changes that were announced for Social […]
