3 Signs Opening a Roth IRA Could Be the Best Retirement Move You Make in 2025
The beginning of the year is a common time to get raises, because companies typically have a new budget to work with. If you don’t need the extra money a raise can provide, you might consider stashing it away for retirement. A couple thousand dollars more today could easily be worth tens of thousands after […]
The 4 Best Retirement Income Sources to Supplement Your Social Security Benefits in 2025
The average Social Security beneficiary will receive about $23,712 in 2025. While that’s a good chunk of money, it’s not enough for most people to live off of comfortably. Married couples might fare a little better because they’ll have two checks instead of one, but even so, you’ll probably wish you had other sources of […]
Here’s the Maximum Social Security Benefit in 2025, and Exactly How to Get It
With the 2025 Social Security COLA now in effect, the maximum possible benefit for retirees has increased. In this video, Certified Financial Planner® Matt Frankel discusses what the maximum benefit is, and the three things you would need to do in order to get it. *Stock prices used were the morning prices of Jan. 15, […]
3 Social Security Rules All Retirees Need to Know in 2025
As you might expect, a program like Social Security is loaded with rules. Some of them may be pretty obvious — such as, the earliest age you can sign up is 62, and you get rewarded financially for delaying your claim up to a point. But whether you’re thinking of claiming benefits this year or […]
2.8 Million Americans Are Owed Back Social Security Benefits. Will You Get Yours Anytime Soon?
Bills proposing Social Security changes aren’t unusual in Congress. With the program less than a decade from potential insolvency, those in government are frequently floating new strategies for how to increase its funding before benefit cuts become necessary. Usually, these bills don’t go anywhere, but an interesting one just landed on President Biden’s desk. It […]
