The investment information provided on this page is for educational purposes only. NerdWallet does not provide advisory or brokerage services, and does not recommend or advise investors to buy or sell particular stocks, securities or other investments. Most people no longer get a tax deduction when donating to charity. This shouldn’t stop you from donating, …
How to make the most of the new rules for charitable donations Read More »
At LIZ WESTON or NerdWallet Most people no longer get a tax deduction when donating to charity. This shouldn’t stop you from donating, but you may want to change your approach. Generally, only taxpayers who itemize deductions can write off charitable contributions. The vast majority of taxpayers take the standard deduction instead, which was nearly …
Liz Weston: Make the most of the new charitable giving rules Read More »
(Christy Bieber) Once the paychecks stop because you retire, you need the money somewhere. Social Security is an important source of income for most seniors because if you are entitled to benefits, the funds are guaranteed until you die. So how can you use Social Security to fund your retirement? Here are three steps to …
3 social security strategies to finance your retirement Read More »
(Maurie Backman) When it comes to retirement savings, IRAs are a mixed bag. On the plus side, they usually come with more investment options than you’ll find in a 401(k) plan. For example, with IRAs, you can invest in individual stocks, whereas 401(k) plans generally don’t let you do that. But picking stocks by hand …
Can’t max out your IRA by the end of 2022? Here’s why you don’t have to worry Read More »
(Christy Biber) Social Security retirees will get a huge increase in benefits in 2023. Their monthly checks will increase by 8.7%. This increase in benefits is the largest annual increase in pension payments in the past four decades. Seniors may be delighted to see their payments increase so much. But there’s some really bad news …
There’s Bad News About the Big Social Security Rise of 2023 Read More »
(Maurie Backman) If you’re a retiree struggling to make ends meet in the face of inflation, you’re definitely in good company. The cost of living has skyrocketed over the past year and although inflation is showing signs of easing, much progress still needs to be made before people see any noticeable relief. You might especially …
On social security and the return to work? Prepare for that unwanted surprise Read More »
(Adam Levy) Getting the most out of your Social Security retirement benefits could help make your retirement much more enjoyable, and maximizing your benefits could come down to one decision. When do you decide to apply for Social Security? Deferring until age 70 will be a great choice for many retirees who can benefit from …
1 Way to Score a Richer Monthly Social Security Payment Read More »
(Keith Speights) Americans can start receiving monthly Social Security retirement checks as early as age 62. However, that doesn’t mean you actually have to retire. Lots of people love what they do for a living. They like the idea of staying busy and earning money while receiving an extra amount from Social Security. But there …
Here’s the Biggest Problem With Working After Claiming Social Security Read More »
(Christy Biber) The amount of your Social Security benefits can vary greatly depending on the decisions you make. In particular, the age at which you choose to apply for benefits can have a particularly profound impact on the amount of money you get back. In fact, you could potentially increase your monthly payment up to …
How to Score an Extra $1,830 by Social Security Check Read More »
Sara Ratner Spouses share a lot, but no matter what your relationship status is, your credit score is yours and yours alone. Even if you are 100% financially supported by your spouse or partner, establishing and building your own credit score is essential. This can benefit both of you when you make financial decisions together. …
Why building credit is essential for stay-at-home spouses Read More »
