How to Protect Yourself from Online Fraud
Get a message offering help with a computer problem you didn’t think you had? It’s probably a scammer looking for your money and personal information.
Common Questions Concerning SECURE Act 2.0
The speakers touched on the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019, including the provision that a designated beneficiary must distribute the entire inherited IRA by Dec. 31 of the 10th year after the employee’s or IRA owner’s death (the 10-year rule), thus doing away with the stretch IRA for most beneficiaries.
When Should I Update My Will?
There are some obvious triggers that might prompt you to update your will, such as changes in health or marital status. There are, however, also some not-so-obvious ones to be aware of, according to financial planners and attorneys.
This Breathing Trick may Make You More Heart-Healthy
A simple five-minute daily breathing exercise lowers blood pressure and potentially improves heart health as well as — or even better than — exercise or medications, say researchers at the University of Colorado Boulder.
What are the Federal and Gift Tax Exemptions for 2024?
The federal gift, estate, and generation-skipping transfer (GST) tax exemptions and the annual exclusion from gift tax are historically high due to a temporary increase under the Tax Cuts and Jobs Act.
Gift and Estate Tax Exemption Limits Increase for 2024
It’s nobler to give than to take, the saying goes, and giving assets to loved ones while you’re still alive is a great way for them to enjoy the benefits right away—and for you to delight in seeing them enhance their lives.
Social Security Scammers Embracing Artificial Intelligence
AI-driven fraud is on the rise, and that includes Social Security scams. Thieves are using artificial intelligence to get personal information that can be used to access benefits.
Scammers Try to Trick Seniors with Medicare
The federal government is warning people with Medicare about scam artists offering ‘free’ COVID-19 tests.
Social Security Cost of Living (COLA) Modest Increase in 2024
Social Security COLAs are tied to the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), a measure of price changes for a selection of goods and services, including food, energy, and medical care, that is reported monthly by the federal Bureau of Labor Statistics.
Drawbacks to Medicare Advantage Plans
If you have a Medicare Advantage plan and require a brief stay at a nursing home or rehabilitation facility, you could be in for an unpleasant surprise, according to a Kaiser Health News report.