Don’t Let These 3 Retirement-Related Taxes Catch You Off Guard This Year
Retirement usually means an end to your days in the workforce, but for most people, taxes last the rest of your life. You might pay less if your income has dropped compared to past years. However, retirement taxes can be more complicated because you usually don’t have an employer to help you figure out how […]
4 Things All Gen X Workers Must Know About Social Security
Gen X — generally defined as those born between 1965 and 1980 — are next in line for Social Security, as its eldest members are just two years away from being eligible for retirement benefits. If you’re among them, you’re probably excited about finally getting some money back after paying a hefty chunk of your […]
Taxing the Rich Won’t Fix Social Security’s Insolvency Issue — But It Would Go a Long Way
If you’re one of the more than 68 million Americans who depend on Social Security, you probably can’t imagine your life without it. While some argue that these checks don’t go far enough, they’re still a reliable source of monthly income. So it’s natural to be worried about Social Security being less than a decade […]
Will 2026’s Social Security COLA Disappoint? Here’s What We Know So Far.
Because so many older Americans get most or all of their income from Social Security, a lot of people ages 62 and over depend heavily on annual cost-of-living adjustments (COLAs) to keep up with their living expenses. But unfortunately, Social Security COLAs have a tendency to disappoint seniors. Take 2025’s COLA, which came in at […]
Here’s Where I’m Putting My Retirement Savings First in 2025
There’s a lot of advice out there about how you can earn extra money to put toward retirement saving, and that’s definitely important. Without adequate savings, retirement can be stressful. But earmarking money for retirement is only the first in a series of strategic moves you have to make if you want to live comfortably […]
