Rethinking Tax-Deferred Accounts in Retirement

When 401(k)s and IRAs were first introduced, they appeared to be the ideal solution for retirement savers. Tax rates were much higher than they are today, so the strategy was simple: put money into these accounts, defer taxes, and withdraw funds later in retirement...

Debunking The Top 5 Myths About Social Security

Social Security plays a critical role in the financial security of millions of Americans, yet it remains one of the most misunderstood government programs. Misinformation and fear often cloud the conversation, leading many to make poor planning decisions based on...

New Tax Deduction: More Income for Retirees

A key feature of the new “One Big Beautiful Bill” is a temporary tax deduction designed to give seniors a significant boost: Starting in 2025 and running through 2028, individuals aged 65 and older can claim an additional $6,000 deduction ($12,000 for...