Senate Approves Bill to Repeal WEP and GPO, Addressing Long-Standing Injustice In a significant victory for public sector workers, Congress has passed the Social Security Fairness Act, a landmark piece of legislation that aims to eliminate the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). These provisions have long been a source of … Read more
The end of the year is an ideal time to take stock of your financial health and make necessary adjustments to set yourself up for a prosperous future. By conducting a thorough financial checkup, you can identify areas where you can save money, reduce debt, and optimize your investments. Your year-end review should start with … Read more
Key Findings from the Foreign Real Estate Investors Association Survey: The commercial real estate sector is facing a period of significant uncertainty, according to the latest Foreign Real Estate Investors Association (AFIRE) International Investor Survey. Concerns over inflation, geopolitical instability, and the outcome of the recent U.S. election have led investors to adopt a more … Read more
Strong Market Performance Boosts Pension Fund Health U.S. defined benefit (DB) Pension Funds plans experienced a significant boost in funding levels during November 2024, primarily due to robust market performance. This positive trend has continued into the year, with many plans now in a much stronger financial position. Milliman, which tracks the 100 largest corporate … Read more
Your Social Security payments, your retirement benefits will increase in 2025 due to a 2.5% cost-of-living adjustment (COLA). The age at which you can claim full Social Security benefits will increase next year. Next year, your retirement benefits income limits will increase, allowing early retirees to earn more before some of their benefits are withheld. The … Read more
Elon Musk’s appointment to a key advisory role in the Trump administration has sparked concerns about the future of Social Security. His public endorsement of Republican views on Social Security reform, coupled with his association with figures like Mike Lee, has raised alarms among beneficiaries and advocates. Elon Musk’s Stance on Social Security While Musk … Read more
Credit cards, when used wisely, can be powerful tools for financial flexibility and rewards. However, irresponsible credit card usage can lead to significant debt and financial stress. As we move into 2025, it’s crucial to adopt responsible credit card habits to secure your financial future. 1. Conquer Your Credit Card Debt If you’re carrying a … Read more
The dream of financial independence is a universal aspiration to Get rich. While there’s no magic formula for instant wealth, strategic planning, disciplined action, and a strong financial mindset can significantly accelerate your journey towards financial freedom. Cultivate a Wealth Mindset to Get Rich The foundation of wealth building lies in your mindset. A positive … Read more
As the year draws to a close, it’s an opportune moment to reflect on your financial journey and take proactive steps to secure your future. By following this comprehensive checklist, you can optimize your finances, minimize taxes, and position yourself for long-term financial success. 1. Rebalance Your Investment Portfolio for year-end financial planning Over time, … Read more
The Social Security Administration (SSA) has announced a 2.5% Cost-of-Living Adjustment (COLA) for 2025. This increase will affect millions of Social Security beneficiaries, including retirees, disabled workers, and survivors. The COLA is designed to help offset the effects of inflation and ensure that beneficiaries maintain their purchasing power. Understanding the 2025 Social Security COLA The … Read more