In a perfect world, the stock market would always work in your favor. The reality, however, is that dips are bound to happen and can be particularly problematic in your early retirement years. For this reason, saving for retirement and planning for market downturns is essential, especially if you’re a homeowner and wondering if you should put […]
Members of the U.S. armed forces qualify for special tax breaks, which can offer unique financial planning opportunities, experts say. Typically, earnings are higher after military service because there are two sources of income: your new career and your military retirement benefits, said certified financial planner Patrick Beagle, owner and president of WealthCrest Financial Services […]
Socking away money for retirement is something that’s top of mind for many people. Many Americans save money for their “Golden Years” through workplace retirement plans and individual accounts they set up, with traditional and Roth IRAs being frequently-used vehicles in the latter category. Roth IRAs Holders of Roth IRAs are able to make after-tax […]
If a $6,000 deposit recently landed in your bank account out of nowhere, you’re not alone. While the Trump administration has stirred worries about potential cuts to Social Security, at least 3.2 million Americans are set to receive an increase in their benefits thanks to a rule finalized during the Biden years. On January 5th, […]
North Liberty, Iowa — At the weekly senior lunch social in North Liberty, Iowa, chicken was on the menu, but Social Security was top of mind. Iowa, like the U.S., is aging. One in four people in the state is age 60 and older, according to the Iowa Department of Health and Human Services. Uncertainty […]
After getting two Supplemental Security Income checks in February, beneficiaries will get their April payment at the normal time – but the month of May brings more payment quirks. Usually SSI checks hit on the first of the month, unless the date lands on a federal holiday or weekend. April 1 is a Tuesday, so […]
Anew poll found that more than three-quarters of Americans are concerned about potential changes to Social Security benefits, with baby boomers—the current cohort of new retirees—particularly worried. Why It Matters The Social Security Administration (SSA) pays benefits to more than 70 million Americans, forming the bedrock of income for retired and disabled Americans. Recent cost-cutting initiatives at […]
The Social Security Administration announced Wednesday that it is pushing back the rollout of a controversial anti-fraud measure by two weeks and reducing the number of applicants it will affect. It’s the latest backtrack at the agency, which is in turmoil amid a massive reorganization spurred by the Department of Government Efficiency, and comes as […]
The Social Security Administration is adjusting the timeline and terms of its new identity proofing policies after receiving fierce criticism from advocates and beneficiaries. The agency on March 18 announced new requirements that would require more people to visit a Social Security office to claim benefits or change their direct deposit information if they are […]
The stock market, which rumbled into 2025 like a long-distance runner getting its second wind, now seems to be out of breath. Three straight weeks of declines have shaved 9.3% from the value of the Standard & Poor’s 500 index, with similar declines for the Dow Jones Industrial Average and other yardsticks. The recent turmoil […]
After a volatile month for the stock market, many retirees are eager to find ways to protect their nest egg from future dips. Despite the stock market rally on Monday, there’s lingering uncertainty as investors digest tariffs and other economic policy from President Donald Trump. There was little market change by mid-afternoon Tuesday. No one […]
CEDAR RAPIDS, Iowa (KCRG) – Spring is here, and many are thinking about cleaning their homes, but what about cleaning your finances? Experts say now is the perfect time to get your financial house in order. TV9 spoke with Elyse De Corah, a financial advisor at Cetera Advisor Networks and Guide Wealth Partners in Cedar […]
