Retirees on Medicare Just Got Some Hidden Bad News
Key Points Medicare Part B premiums are a big expense for many retirees. In 2025, the standard monthly Part B premium is $185. The newest Medicare Trustees report points to a potentially massive increase in 2026. The $23,760 Social Security bonus most retirees completely overlook › You’ll often hear that once you retire, many of […]
Planning to Claim Social Security During the Second Half of 2025? Ask Yourself These Questions First.
Key Points You may be gearing up to claim Social Security before 2025 comes to an end. It’s important to know what benefits to expect and make sure you’re not shorting yourself on retirement income you might need. It’s also important to make sure you and your spouse are on the same page as far […]
This Personal Loan Mistake Could Cost You Thousands in 2025
Right now, the average personal loan interest rate is 12.65%, according to Bankrate. But what if there was a way to get a 0% interest rate for almost two full years instead? Looking for a secure place to grow your savings? See our expert picks for the best FDIC-insured high-yield savings accounts available today – […]
14 Million Retirees Are About to See Lower Social Security Taxes Under Trump’s “Big, Beautiful Bill”
Key Points President Donald Trump signed his landmark legislation, the “Big, Beautiful Bill,” into law on July 4. The bill includes a temporary new senior tax deduction intended for retirees that pay Social Security taxes. Not all Social Security recipients would be eligible for the deduction, but millions will be. The $23,760 Social Security bonus […]
Are You Really Ready to Start Collecting Social Security? 3 Signs It Might Be the Perfect Time
Key Points Your Social Security benefit is based on your average monthly earnings over your 35 highest-earning years, adjusted for inflation. When you choose to claim affects the size of your benefit checks for the rest of your life. Married couples should choose their claiming ages together to maximize their household benefits. The $23,760 Social […]
Married? 3 Retirement Planning Mistakes You Might Make
Key Points Retirement is something you and your spouse should work toward together. Have a shared vision for what you want your senior years to look like. Get comfortable with each other’s investing preferences and coordinate your Social Security claims. The $23,760 Social Security bonus most retirees completely overlook › Being married isn’t always easy. […]
Social Security Benefits Will Be Cut 50% for Some Retirees in Late July. Here’s What You Need to Know.
Key Points The Social Security Administration under President Trump has raised the overpayment recovery rate to 50%, and the first wave of notices were mailed out in late April. Affected individuals have 90 days to request a reconsideration, lower withholding rate, or waiver, after which time their benefits will be reduced by 50% until the […]
Claimed Social Security Early? You Can Go Back to Work — but You May Have This Hiccup
Key Points You’re allowed to collect Social Security and a paycheck from a job at the same time. If you earn too much as a early Social Security claimant, you risk having benefits withheld. Given that an early claim reduces your benefits permanently, it’s a situation you’ll want to think through carefully. The $23,760 Social […]
Social Security: Trump’s “Big, Beautiful Bill” Has Good and Bad News for Retirees
Key Points The One, Big, Beautiful Bill is now law, and it includes changes to Social Security. Older adults are set to receive a large tax break, saving many seniors thousands of dollars per year. However, it also comes with a major drawback that could hurt retirees. The $23,760 Social Security bonus most retirees completely […]
Warren Buffett Could’ve Bought His House in Cash. Here’s Why He Still Took Out a Mortgage
Warren Buffett is worth an estimated $145 billion — so for him, buying a home outright in cash wouldn’t be much of a stretch. Looking for a secure place to grow your savings? See our expert picks for the best FDIC-insured high-yield savings accounts available today – enjoy peace of mind with competitive rates. But […]
