The U.S. Treasury Department and the IRS recently unveiled proposed regulations that address a key provision of the SECURE 2.0 Act, mandatory automatic enrollment for newly established 401 (k) and 403(b) retirement plans. This requirement aims to boost retirement savings among employees by making it easier for them to participate in these plans, as automatic […]

Retirement marks a significant milestone in life—one that brings the promise of rest, exploration, and new beginnings. However, enjoying a comfortable retirement requires thoughtful financial planning, and Social Security benefits play a vital role in this process. Social Security was established as a safety net, but over the years, it has become a cornerstone of […]

The New Year often inspires resolutions, and it’s an excellent time to focus on improving work efficiency. By combining better prioritization techniques with a few proven strategies, you can make progress toward managing overwhelming workloads while reducing procrastination. But how can you effectively prioritize tasks when everything feels equally urgent? And how can you break […]

On January 5, 2025, President Joe Biden signed the Social Security Fairness Act into law. This important change improves retirement benefits for public sector workers in the U.S. by ending the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). These rules used to cut Social Security benefits for people with pensions from non-Social […]

The Internal Revenue Service (IRS) has announced its inflation adjustments for the 2025 tax year, revising over 60 provisions to reflect economic changes. These updates will directly impact individual and business taxpayers when filing returns in 2026. Adjustments include changes to the standard deductions, marginal tax brackets, credits, and health and transportation benefits. These measures aim […]

2025 brings several important updates to Social Security and Medicare, two crucial programs for American retirees and those nearing retirement. These adjustments are designed to address rising costs, inflation, and the long-term sustainability of the programs. Whether you’re still in the workforce, already retired, or planning for the future, it’s essential to understand these changes […]

On Saturday, Congress passed the Social Security Fairness Act, a landmark piece of legislation aimed at restoring fairness to the U.S. Social Security system. The bill, which is expected to cost over $195 billion over the next decade, now heads to President Biden’s desk for approval. It will provide financial relief to nearly 3 million […]

As 2025 approaches, a major shift in U.S. tax policy looms over millions of American households. The Tax Cuts and Jobs Act (TCJA) of 2017, one of the hallmark achievements of former Trump’s administration, is set to expire. This expiration will significantly alter the tax landscape, raising questions about how taxpayers will be affected and what […]