According to the Social Security Administration, a 20-year-old has more than a 25% chance of becoming disabled before reaching retirement age.1 Loss of income for such a duration has the potential to cause significant financial […] Read More

The Social Security Fairness Act, signed into law in December 2024, adjusts two longstanding provisions that previously reduced Social Security benefits for certain recipients: the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). […] Read More

Between 30% and 60% of taxable property has an inflated assessment, which may lead to higher property tax bills. For homeowners who think their local government may have assessed their property’s value too high, there […] Read More

Want to give your child or grandchild a financial head start? A Roth IRA might be a choice to consider. Read on to learn more about how doing this may benefit both of you. Rules […] Read More

The 2015 Obergefell v. Hodges Supreme Court decision streamlined tax and estate strategizing for married LGBTQ+ couples. If you are filing a joint tax return for this year or are considering updating your estate strategy, […] Read More

How the gains from the sale of a primary residence are taxed have changed in recent years. If you have recently sold your home or are considering doing so, you may want to be aware […] Read More

The ownership structure of a condominium unit is different from that of a single family house. Here’s what you need to know when purchasing insurance for your condo.1 1. Understand the Master Policy Since the […] Read More

Seeing how marginal income tax brackets work is helpful because it shows the progressive nature of income taxes. By any measure, the tax code is huge. It is over 2,000 pages long, and even longer […] Read More

What workers anticipate in terms of retirement income sources may differ considerably from what retirees actually experience. For many people, retirement income may come from a variety of sources. Here’s a quick review of the […] Read More