How to Turbocharge — or Tank — Your Retirement
Many people seem to work until their 60s, putting some money away for retirement and hoping for the best — that with their savings and Social Security, they’ll be OK. That’s not a great approach, because they could be making gobs of mistakes that will cost them dearly in the future. Here’s a roundup of […]
What Everybody Needs to Know About Required Minimum Distributions (RMDs) in 2025
The government offers retirement savers a pretty good deal if they use certain retirement accounts like a 401(k) or IRA. Traditional accounts let many people get deductions on contributions upfront, letting you wait to pay taxes when you take distributions. That can give you more money to invest today. But the government won’t let you […]
Prediction: The 2026 Social Security COLA Will Be Higher Than Experts Think
It’s far too early to know what next year’s Social Security cost-of-living adjustment might be. However, based on several inflation estimates, it’s possible to make an educated prediction. In this video, Certified Financial Planner® Matt Frankel discusses what he foresees for Social Security recipients in 2026. *Stock prices used were the morning prices of Jan. […]
A New Social Security Law That Will Boost Benefits for 3.2 Million Retirees Comes With an Unwelcome Surprise
Millions of Americans rejoiced after former President Joe Biden signed a bill into law that will boost Social Security benefits for approximately 3.2 million retirees and spouses. Social Security can be a touchy subject because it impacts tens of millions of Americans and also has many looming financial issues, which has led to partisan disagreement. […]
