Here are 3 money moves you should make at the start of the year, financial experts say
Skynesher | E+ | Getty Images New year, new you? Probably not. One of the revelations that will likely come …
Retirement planning
5 tax and investment changes that could boost your finances in 2023 amid economic uncertainty
1. Bigger contribution limits on retirement accounts If you’re eager to boost your retirement savings, there’s good news for 2023: …
Building an emergency savings is a top financial resolution for 2023, survey finds. Here’s how to get started
Xavier Lorenzo | Moment | Getty Images When it comes to financial resolutions for 2023, there’s one goal at the …
Here’s what Secure 2.0 means for you if you’re getting close to retirement
Insta_photos | Istock | Getty Images If you’re getting close to retirement age, there are some upcoming changes enacted as …
Emergency savings provisions in Secure 2.0 may help shore up short- and long-term financial security, experts say
Coming up with the cash to cover an unexpected emergency expense can be a challenge for many individuals and families. …
As a record 8.7% Social Security cost-of-living increase starts in 2023, here’s what beneficiaries should look for in annual statements
Kathrin Ziegler | Digitalvision | Getty Images As inflation has kept prices high in 2022, Social Security beneficiaries may look …
You may get a 1099-K for Venmo and PayPal payments. Here’s how to prepare — and shrink your tax bill
Charday Penn | E+ | Getty Images If you’ve accepted payments via apps such as Venmo or PayPal in 2022, …
Here are some things to think about before deciding to retire in another state
Itsskin | E+ | Getty Images Thinking about retiring to another state? You’re not alone. A United Van Lines study …
401(k) ‘hardship’ withdrawals hit record high, Vanguard says — another sign households feel the pinch of inflation
Thomas Barwick | Stone | Getty Images The share of retirement savers who withdrew money from a 401(k) plan to …
Taking required minimum distributions? How to reduce the sting of selling in a down market
The deadline is fast approaching for mandatory retirement plan withdrawals, which may force some retirees to sell assets in a …
Despite economic uncertainty, it’s a ‘great moment’ for dollar-cost averaging, says Betterment CEO
Chris Ryan | Getty Images Investors are bracing for 2023 amid stock market volatility, rising interest rates and geopolitical risk …
Robinhood to pay a 1% ‘match’ on customer contributions to retail individual retirement accounts
Rafael Henrique | Sopa Images | Lightrocket | Getty Images Robinhood is bringing the concept of a 401(k)-style contribution match …
‘This is a crisis.’ Why more workers need access to retirement savings
Secretary of Labor Marty Walsh speaks during a news conference at the White House in Washington, April 2, 2021. Erin …
If you’re ‘unretiring,’ review your Social Security benefits. There’s a ‘surprise that people want to avoid’
Viktorcvetkovic | E+ | Getty Images A combination of high inflation and job openings may tempt some retirees into rejoining …
Here’s how those looking to ‘age in place’ can fund home health-care services
Halfpoint Images | Moment | Getty Images Some 70% of people want to age at home, yet only 10% have …
How Congress may make it easier to set money aside for emergency expenses
Thomas Barwick | Digitalvision | Getty Images Many families struggle to come up with the cash when faced with an …
For retirement-system changes proposed in Congress via ‘Secure 2.0,’ December is do-or-die time
Samuel Corum | Getty Images News | Getty Images For supporters of congressional proposals to improve the U.S. retirement system, …
Even as the midterm election results were ‘positive for seniors,’ some worry about Social Security amid debt ceiling negotiations
The midterm elections made two key federal programs seniors rely on — Social Security and Medicare — a topic of …
Retirement savers seek safe havens within their 401(k) plans. They may regret it later
Yongyuan | E+ | Getty Images Data suggests some retirement savers are seeking out safe havens within their 401(k) plans. …
New Medicare enrollment rules that eliminate coverage gaps take effect in 2023. Here’s what you need to know
Marcos Elihu Castillo Ramirez | iStock | Getty Images For some individuals, signing up for Medicare hasn’t translated into coverage …