Changes to key figures for Social Security, Medicare in 2024
Recently announced key figures for Social Security and Medicare for 2024 include changes to benefit amounts and premium costs.
Tag: Social Security
Why unmarried couples need proactive financial planning
The number of unmarried partner households is on the rise and these couple face some unique financial planning challenges.
Birthdays may signal time to take financial action
In addition to birthdays and life changes, such as retirement, age milestones are meaningful for financial planning.
Examining ways to fix Social Security
The latest projections about Social Security indicate the trust fund will be able to pay timely benefits until 2034 when the fund will be depleted.
Changes to key figures for Social Security, Medicare in 2023
As retirees and workers gauge their finances for next year, here are some key changes to Social Security and Medicare to consider.
Age milestones can trigger financial planning
Reaching certain age milestones can be significant for many different reasons, including financial planning.
Deficit projections could signal higher taxes
The federal government recently released a report on the nation’s finances, including longer-term projections for a rising deficit, which could mean higher taxes in the future. On a positive note, the Congressional Budget Office (CBO) report reflects a current decrease in the annual budget deficit for the last fiscal year. The easing of the deficit
Saving for retirement is one step, generating income is another
Saving for retirement may be challenging but planning for retirement income can be even more complex.
Key changes for Social Security in 2022
The COLA adjustment is one of several key changes for Social Security for 2022.
Retiring abroad? Five things to consider
An increasing number of Americans are looking to find better scenery and quality of life by retiring abroad.