3 Ways Saving for Retirement Could Help Your Finances Today

(Kailey Hagen) Saving for retirement is usually seen as a form of delayed gratification. You choose not to spend some of your money now in exchange for more money when you retire. But that’s an overly simplistic way of looking at things. While you won’t realize the full benefit of saving for retirement until you … Read more

Social Security’s Record 2023 Increase Isn’t All It’s Cracked Up to Be

(justin pope) Retirees feeling crushed by the highest inflation in decades are getting some relief. The Social Security Administration has announced that benefits will receive an 8.7% cost-of-living adjustment (COLA), the highest bump since 1982. In pure dollar terms for the average Social Security recipient, it’ll be the largest COLA on record. Don’t get me … Read more

Do You Know All 4 of These Social Security Secrets?

(Dan Caplinger) If you want to get bigger Social Security checks when you retire, it’s important to know everything you can about the federal-government program. Unfortunately, it can be tough to get the information you need, and many people are still in the dark when it comes to key aspects of Social Security that determine … Read more

3 tax moves to make by Dec. 31

Dan CaplingerThe Motley Fool Thanksgiving is here, and before you know it, it’ll be time to start planning parties for New Year’s Eve. But on top of holiday shopping, planning family trips, and everything else that comes with the holiday season, it’s important to get a handle on your tax planning before December ends. In … Read more

3 tax moves to make by Dec. 31

Dan CaplingerThe Motley Fool Thanksgiving is here, and before you know it, it’ll be time to start planning parties for New Year’s Eve. But on top of holiday shopping, planning family trips, and everything else that comes with the holiday season, it’s important to get a handle on your tax planning before December ends. In … Read more

3 tax moves to make by Dec. 31

Dan CaplingerThe Motley Fool Thanksgiving is here, and before you know it, it’ll be time to start planning parties for New Year’s Eve. But on top of holiday shopping, planning family trips, and everything else that comes with the holiday season, it’s important to get a handle on your tax planning before December ends. In … Read more

3 Social Security Tips to Avoid Costly Mistakes

(Dan Caplinger) It’s important to take maximum advantage of your Social Security benefits. The problem, though, is that the program is complicated, and it’s easy to miss out on benefits that are available or aspects of the program that can take away benefits. In particular, there are three things that a lot of people don’t … Read more

Stimulus Checks Are Back — but Only in Certain States

(Dan Caplinger) The COVID-19 pandemic wasn’t just a deadly health threat, it also created economic disruptions across the globe. People are still dealing with the consequences of the pandemic, both in the business world and in handling their personal finances. For a time, the stimulus checks that the US federal government paid out served as … Read more

How Much Is Social Security Going Up in 2023?

(Dan Caplinger) Millions of retirees live on the fixed income that Social Security provides them. With little outside savings, the fact that Social Security makes annual cost-of-living adjustments is essential, because it allows the purchasing power of the checks that the program’s recipients get to stay reasonably constant even in the face of high inflation. … Read more