Several adjustments to Social Security are scheduled to take effect in 2026. These changes affect current beneficiaries as well as individuals who have not yet begun collecting benefits. The 2026 updates to…
Category: Retirement
Don’t Leave Your Retirement Savings Behind: How to Track Down Lost 401(k)s
More than $2.1 trillion sits in forgotten or left-behind 401(k) accounts, according to a September 2024 report from Capitalize and the Center for Retirement Research at Boston College. That’s up from about…
Summary of Tax Provisions in the One Big Beautiful Bill for the Working Class and Seniors
On July 4, 2025, the One Big Beautiful Bill Act (Public Law 119-21) was signed into law. It introduces several temporary tax deductions effective for tax years 2025 through 2028, aimed at…
Why Family Trusts Matter: Planning Your Legacy with Clarity and Control
As wealth transfers between generations at unprecedented levels, more families are turning to family trusts to manage inheritance, reduce conflict, and protect assets. Whether you’re leaving behind a modest estate or a…
The Social Security Fairness Act: What It Means for You and Your Benefits
The Social Security Fairness Act has been signed into law, bringing important changes to millions of retired public workers across the country. If you’ve worked in a government job or rely on…
Unlocking Lost Retirement Benefits: The Secure 2.0 Act’s Upcoming Database Initiative
Have you ever wondered what happens to your old retirement accounts when you switch jobs? If you’ve lost track of a 401(k) or another retirement plan, you’re not alone. Job changes, mergers,…
Should You Start Collecting Social Security at 62? Here’s the Math You Need to Know
One of the biggest questions people face as they approach retirement is when to start taking Social Security benefits. The options can be confusing: you can start as early as age 62,…
How the SECURE Act Changed the Rules for Inherited Retirement Account Distributions After 2019
The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, introduced a wide range of reforms aimed at improving access to retirement savings and updating outdated policies. One…
Qualified charitable distributions allow eligible IRA owners up to $100,000 in tax-free gifts to charity
The Internal Revenue Service (IRS) is reminding individual retirement arrangement (IRA) owners age 70½ or over that they can transfer up to $100,000 to charity tax-free each year. These transfers, known as…
Understanding Social Security spouse benefits
When you’re planning for retirement, it is essential to consider how your Social Security benefits will impact your spouse. Here’s a simplified breakdown: Spousal Benefit Basics: You can find out more by…