I Never Thought Paying Off $30K In Debt In a Year Would Happen, But It Did. Here’s How
My friend Lauren is one of the most responsible people I know. She budgets and avoids flashy spending. But last year, a string of bad luck hit her all at once when her car’s transmission died when she needed an emergency root canal. Looking for a secure place to grow your savings? See our expert […]
No Tax on Social Security Is a Reality in President Trump’s Big Beautiful Bill, Says the White House. Here’s What It Actually Means for Retirees.
Key Points President Trump promised to end taxes on Social Security and the White House says the One, Big, Beautiful Bill makes good on that promise. The legislation does not actually end taxes on Social Security, but rather adds new senior deductions that eliminate those taxes for certain individuals. Single seniors (aged 65 and older) […]
Social Security’s Financial Outlook Just Got Worse — but Here’s Why You Should Still Wait to Sign Up for Benefits
Key Points Social Security’s Trustees just delivered some bad news about the state of the program’s finances. Benefit cuts may be closer than previously anticipated. Despite an unfavorable outlook, you still shouldn’t rush to claim Social Security early. The $23,760 Social Security bonus most retirees completely overlook › Social Security isn’t exactly known as a […]
