Recent changes in the Social Security Administration and modifications to recipients’ accounts and payment structures due to the Social Security Fairness Act, which repealed the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), may lead to scammers attempting to manipulate retirees and older Americans regarding their benefits.
Managing 401(k) investments is crucial to planning one's financial future. Two primary ways to manage investments are to do it yourself (DIY) or work with a financial professional.
You work your entire life with the hope that one day you may be able to retire when you choose and have the free time to take advantage of all of the social activities, travel, and hobbies you couldn’t do regularly with the responsibility of a career and providing for your family.
As climate patterns change and weather-related disasters become more frequent, purchasing a flood insurance policy or adding a rider to an existing policy has become a vital asset protection strategy.
While a Roth IRA conversion may suit some, wealthy individuals may not consider this investment strategy under certain circumstances. Here, we delve into why this strategy may not be appropriate for them.
Whether you're facing an unexpected job loss, a medical emergency, or a financial crisis, life's hurdles may leave even the most responsible savers scrambling for cash.
After a natural disaster, you're probably focused on recovery efforts, including repairing your home, replacing belongings, and returning things to as close to normal as possible.
If you’re nearing age 65 or already enrolled in Medicare, it’s important to stay up to date on how the program is evolving.
Back-to-school season is exciting, but it may also be financially overwhelming, especially if you're navigating it on a single income.
Even seasoned business professionals, those well-versed in risk, strategy, and decision-making—are not immune to a quiet but powerful behavioral bias: loss aversion.
