Insurance company MassMutual recently posed 12 true/false questions about the federal program to 1,500 Americans via an online poll. More than half of the respondents — 52% — either failed or barely passed the quiz. Of those respondents, 33% failed and 19% got a D. It’s a reminder of the importance in improving one’s understanding of this key program.
An unfortunate side effect can accompany a job loss: no more employer-subsidized health insurance. For people age 65 or older in that situation, Medicare is generally the solution. Here are some tips.
Pandemic or not, it’s important to consider what would happen to your bank accounts, your home, your belongings — i.e., everything you own — and, perhaps, your dependents, if you’re no longer here.
Millions of Americans received stimulus checks from the U.S. government this week to help stave off the negative economic effects of the coronavirus. But many people are still asking: Where is my money?
As the market hits the skids, you shouldn’t make rash moves with your portfolio. And that includes one retirement income source you might turn to for safety: your Social Security benefits.
Dust off your calculator and sharpen your pencils: Jan. 27 is the first day of tax season. Here's what you should do to make the process as speedy and pain-free as possible.
The rising debt poses risks. For example, it could leave the federal government with less spending power in a downturn. But it also could have some positive implications for your personal finances.
Morgan Housel always is a font of has wise words on investing. In this interview he talks about some of the biggest mistakes and misconceptions that plague investors year after year – and what can be done about them.
Your pension plan benefits may not be as ironclad as you think. Here is a good article that discusses the various types of pensions and the ways they can be impacted.
With various rules surrounding IRA’s it’s always important to measure twice/cut once. Here is a good article on the good, the bad, and the ugly when rolling over from a Roth 401(k) to a Roth IRA.
A good reminder on the virtue of staying invested; the risks in timing; and how $10,000 invested in the S&P 500 index, for the 20-year period of 1999 through 2018, would have performed under various scenarios.
A slow moving crisis is approaching Social Security threatening to undermine a pillar in the retirement for millions of Americans. A good article on the issues and possible remedies.