Credit cards that offer points, cash back, and travel benefits can be valuable tools for getting more out of your everyday spending. But to truly benefit from rewards cards, you need to use them strategically. Here's how to make the most of your credit card rewards without falling into common traps.
One of the most pressing questions during a divorce is how it will impact taxes. Your filing status, withholdings and property division are key areas where you’ll want to be clear on tax implications so you can make a holistic decision without tax surprises after everything is said and done.
Scammers are evolving faster than ever, and seniors have become their primary target. In 2024 alone, older Americans lost over $3.4 billion to fraud—a staggering increase driven by two particularly insidious schemes: Medicare and Medicaid fraud that weaponizes healthcare confusion, and Bitcoin ATM scams that exploit urgency and fear. These aren't the clumsy phone scams of yesterday. Today's criminals use sophisticated caller ID spoofing to appear as legitimate government agencies, deploy AI-generated voices that sound remarkably authentic, and employ psychological manipulation tactics refined through thousands of successful thefts. What makes these scams especially dangerous is how they prey on trust—trust in Medicare, trust in law enforcement, and trust in technology that many seniors didn't grow up with. But knowledge is power, and understanding how these scams work is your first line of defense.
Do you need to adjust your savings rates to account for new contribution limit increases? Double check to make sure you’re not missing out on the new opportunity to save more, plus a tax law change that sweetens your charitable donations!
Our general opinion is that tax rates will reset to their 2016 levels at the end of 2025, giving us just over a year to make the most of current, lower, tax rates. Here are 6 things you may be able to do this year and next to lock in current rates while we wait to see how the future of US tax rates plays out in Washington.
When you shift from working for a living to living off your prior years of work, the way the money you pull from your various savings sources may also shift. It’s quite common for first-year retirees to be caught with a surprise tax bill due to this change, which may or may not require a change in how you plan and pay your taxes throughout the year. This article covers the various ways your savings may be taxed.
