As we wrap up 2024, it’s time to focus on personal finance tips for 2025. Make getting your financial house in order your main 2025 resolution. Not only is it possible, but it is also something many of us need to do. A 2024 Bankrate study found, “Whereas 72% of Americans indicated they were not… Continue reading 12 Personal Finance Tips for 2025
America, it may be time to hit pause on spending. Even if just for a little while. The statistics from Clever speak volumes: Nearly three-quarters of Americans (71%) have regrets about their spending, and a majority of Americans (55%) say they spend recklessly. 78% of Americans make purchases they immediately regret. 38% of Americans say… Continue reading Why It Might Be Time for a Spending Break
The 2025 retirement savings rules may provide new opportunities for individuals to save more in their 401(k) plans. This is due to the passing of SECURE Act 2.0 which passed in 2022, which many provisions set to take effect in 2025. Some of the new provisions may require employer implementation – and employers have discretion… Continue reading 2025 Retirement Savings Rules You Need to Know
If you’re between the ages of 60 and 63, 2025 marks a golden opportunity to supercharge your retirement savings. Thanks to the SECURE 2.0 Act, the IRS is rolling out a special “super catch-up” 401(k) contribution limit, allowing eligible individuals to save significantly more than ever before. This new contribution limit is designed to give… Continue reading 2025’s Super Catch-Up 401(k) Contribution: What You Need to Know
Allianz Life’s 2024 Annual Retirement Study is out, and it shows a whole lot of Americans lack plans for retirement income. In fact, more than half of Americans do not have a plan in place for retirement.¹ If that isn’t troubling enough, in a report entitled Americans Face Alarming Retirement Savings Shortfall, the National Institute… Continue reading Americans Lack Plans for Retirement Income [New Study]
