Feel Good and Cut Taxes By Using These Five Charitable Giving Strategies
These tips can help you spread the love even more to charities you trust while also taking advantage of different kinds of tax benefits.
Benefits
SSA: Social Security Overpayments Swell to $23 Billion
Social Security Administration’s uncollected overpayments balance grew from $21.6 billion to $23 billion in FY 2023, a report says.
Does a Company’s 401(k) Match Entice You to Cash Out?
An academic study published last year suggests generous employer matches can make cashing out more tempting.
Do Remote Workers Need to Tell Bosses They Are on a Working Vacation?
A new vacation trend: The “hush trip,” in which employees don’t tell their bosses they’re actually working from vacation locales.
Gen Z Optimistic About Retirement Despite Saving Less
Gen Z saves less money than older groups due to inflation but feels better about having enough to get by in retirement, a study shows.
Biden’s Pick to Lead SSA Vows to Slash Service Wait Times
Social Security Administration nominee Martin O'Malley tells senators that he has the experience to lead the agency.
How Not to Let the ‘Widow’s Tax Penalty’ Blindside You
If one spouse passes away, the surviving spouse could pay nearly double the amount of income taxes. Are your clients planning for this?
What Will You Do If Social Security Gets Cut?
Social Security could see a shortfall in 2033 if the program isn't fixed. You should start planning now to shore up your retirement income.