Eligible families may see a boost in child tax credits as a bipartisan bill known as the Tax Relief for American Families and Workers Act of 2024 progresses through the legislative process. Here’s an overview of the tax bill and what it could mean for American...
For Individuals
2024 Ushers in Key Social Security Changes to Beneficiaries
Each year, adjustments are made to the Social Security program to ensure that benefits remain in sync with changes in inflation and wages. The annual revisions for 2024 took effect this month. The majority of these changes have the potential to affect benefit payments...
Changes Are Coming to 529 Plans. Here’s What You Should Know
A 529 plan is widely recognized as an optimal strategy for funding your child’s higher education. With a recent federal law coming into play this year, 529 plans have gained added allure as a savings tool. In this article, we’ll delve into the details of this...
Navigating Job Transitions: A Guide on What to Do with Your 401(k)
It is not uncommon to face career transitions at some during your time in the workforce. Whether you’re seizing new opportunities or facing unexpected challenges like a layoff, addressing the financial aspects, particularly your 401(k) plan, is essential to moving...
Exploring the Unexpected Benefits of Health Savings Accounts Beyond Healthcare
Health Savings Accounts (HSAs) are valuable tools for managing healthcare costs, but their advantages extend beyond the territory of medical expenses. In this article we’ll go over the lesser-known benefits and opportunities that HSAs can provide beyond qualified...
How to Build Healthy Financial Habits so Your Money Lasts a Lifetime
The path to financial security and stability can be challenging. The key to achieving long-term financial success lies in building healthy financial habits that not only sustain your current lifestyle but also ensure a comfortable retirement and a legacy for future...
What the U.S. Credit Downgrade Could Mean for the Economy and Your Money
Fitch Ratings recently downgraded the U.S. credit rating for the second time in U.S. history. This move has sent ripples through financial markets, raising concerns about the potential consequences for the economy and the financial well-being of American citizens....