The landscape of investing is fraught with uncertainties, particularly in the run-up to pivotal events such as presidential elections. While many investors fixate on how political outcomes may affect the markets, a more insidious threat looms in the background: public debt. Recent findings from a survey by Natixis Investment Managers reveal that a significant number
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In recent years, the landscape of investing has undergone significant transformation, particularly with the increased prominence of actively managed exchange-traded funds (ETFs). While ETFs have traditionally been associated with passive investment strategies aimed at mirroring market indices, a notable shift is occurring as investors turn more towards active management. This trend reflects not only a
The global perception of the U.S. retirement system is teetering on a precarious edge, eliciting concern among financial experts and citizens alike. Ranked 29th out of 48 nations and awarded a C+ grade in the 2024 Mercer CFA Institute Global Pension Index, the United States finds itself trailing behind several countries noted for their robust
Starting in 2025, significant changes will reshape the landscape for heirs of inherited individual retirement accounts (IRAs). The Secure Act of 2019 allowed certain beneficiaries to enjoy flexible withdrawal options, but the landscape has evolved, and now, non-spousal beneficiaries must navigate the new annual requirements for taking minimum distributions. This shift presents a unique set
In 2025, Social Security beneficiaries will see a beneficial update as the cost-of-living adjustment (COLA) increases by 2.5%. This increment is designed to address inflation and aims to maintain the purchasing power of retirees and other beneficiaries who rely on Social Security as a substantial aspect of their income. Beginning in January 2025, beneficiaries will
As financial security becomes a pressing concern for many Americans with respect to retirement, changes enacted by the Secure Act 2.0 have garnered significant attention. This legislation, initiated by Congress in 2022, seeks to address gaps in the nation’s retirement system. With various amendments focused on 401(k) plans, mandated withdrawals, and even college savings initiatives,
Natural disasters incite devastation and despair, leaving survivors grappling with the aftermath of their losses. The determination of whether victims are eligible for tax relief following these traumatic events can be a daunting task filled with complexity. Particularly in the wake of hurricanes Helene and Milton, which wreaked havoc across several states in late September
The Medicare open enrollment period for 2025 is an impending opportunity for millions of beneficiaries to reevaluate their healthcare choices. Kicking off on October 15 and running through December 7, this timeframe offers retirees the chance to compare different Medicare options and make informed decisions that will affect their healthcare coverage for the upcoming year.
The conversation around financial literacy often overlooks one critical aspect: starting young. When parents consider introducing their children to savings and investments, a Roth Individual Retirement Account (IRA) emerges as a powerful tool. However, persuading a child to save for retirement can be a daunting task. How can you successfully instill this habit in your
As the calendar edges closer to 2025, financial experts find themselves at a crossroads, grappling with the impending expiration of the Tax Cuts and Jobs Act (TCJA), which ushered in a flurry of temporary but impactful tax reforms in 2017. The provisions introduced under this act, initiated by former President Donald Trump, have significantly shaped