When it comes to planning for retirement, securing a stable and predictable income stream is a top priority. While not for everyone, annuities are financial products designed to provide exactly that. However, like any financial tool, they come with their own set of complexities, advantages, and disadvantages.
The Tax Cuts and Jobs Act (TCJA) was an amendment to the Internal Revenue Code that was rolled out in 2018. It had implications for both businesses and individuals. However, most TCJA provisions are set to expire at the end of 2025. What will happen if it does?
Maintaining paper copies has been the traditional means of retaining documents. The advent of digital technology has given us a safer and easier means for storing and safeguarding our important personal information.
Understanding Medicare and its many rules can seem like a daunting task. Among the many terms and acronyms that you must learn, one that frequently comes up is IRMAA—Income Related Monthly Adjustment Amount.