Retirement is just around the corner for Gen X. Here’s what they need to know. Maryalene LaPonsieJan. 9, 2025 Preparing to Retire in 2026 Managing taxes and staying ahead of inflation are among top concerns for soon-to-be retirees. ...
We’re no longer dealing with pandemic-related tax laws and last-minute filing changes, but there are still some annual adjustments to know about – such as the increased standard deduction and tax brackets adjusted for inflation. And this is the first year in quite a while that federal incom...
Copywriters can make good money, but the income largely depends on their experience, industry, location, and the type of projects they work on. The U.S. Bureau of Labor Statistics (BLS) reported the median annual wage for writers, including copywriters, at $91,560 as of 2022. The lowe...
This year, however, parts of Boston’s residential real estate have slipped into what Warren calls “a transition into a neutral market.” In some neighborhoods, inventory is staying on the market for longer than just a couple of weeks and prices are cooling off from double-digit annual gains...
Economics, for me, is about looking at the margins. It’s about understanding how and why people act the way they do under certain constraints, like a budget for example. Through understanding how people respond to incentives, economists can research how policy affects people. Sometimes well-...
whoisamagazineeditorandDorothyWoodruff?s granddaughter. Whydidtheygothen? Well,theywantedto dosomethinguseful.Soon,however,theyrealizedwhattheyhadundertaken. Theymovedinwithalocalfamily,theHarrisons,and,likethem,hadlittleprivacy,rare baths,andablanketofsnowontheirquiltwhen theywokeupinthe morning.Some mornin...
However, Biden’s proposal would boost the annual PIA by 1% for recipients between ages 78 and 82. Finally, Biden’s plan calls for increasing the special minimum benefit for those who earned low wages throughout their careers. The Social Security special minimum benefit is designed to prov...
Related: How to Save in a 401(k) and IRA in the Same Year How Much Should You Contribute? Typically, contributing the maximum amount is the best long-term financial strategy. However, your contribution amount will vary depending on your saving goals. For example, your goals may include sa...
Another prime role of an annual budget, typically broken down into monthly periods, is the enabling ofbudget versus "actual" performance comparisons. For example, if an individual has to dip into a savings reserve at the end of a month to pay a credit card bill, they could look at the a...
The Social Security Administration issues an annual cost of living adjustment, or COLA, based on the inflation rate. How a Cost of Living Index Works Most indexes set a base cost of living, often represented by 100. The base can be the cost of living in one region or the average of mul...