On November 1, 2024, the IRS unveiled the Roth IRA contribution limits for 2025. While the contribution amounts have remained the same as in 2024, there’s good news: the income limits have been adjusted, allowing more individuals to qualify for…
As Social Security approaches its 90th anniversary, it remains a cornerstone of financial security for millions of Americans. Established in 1935, this program has evolved to become the largest federal initiative, providing essential benefits to retirees, disabled individuals, and survivors.…
In Sacramento, California, a new economic support initiative aims to provide financial aid to residents through a $725 monthly stimulus check. The Family First Economic Support Pilot Program is designed to help low-income families manage the rising costs of living…
As 2024 nears its end, Social Security beneficiaries can expect three more payments of up to $900 each before the new Cost-of-Living Adjustment (COLA) takes effect in 2025. This adjustment, anticipated around 2.5%, aims to alleviate inflation impacts, providing financial…
As we approach 2025, changes are on the horizon for retirement plans in the United States, particularly for 401(k) plans. The IRS and government have set new guidelines and limits that may impact contributions, fees, and strategies for maximizing retirement…