Personal finance

This Strategy Could Give You a Higher Social Security Benefit — Even if You’ve Already Filed | Smart Change: Personal Finance

(Maurie Backman) Many seniors rush to claim Social Security early because, well, they can. After all, it’s tempting to get your hands on money as soon as it becomes available to you. You’re entitled to your full Social Security benefit based on your personal wage history once you reach full retirement age (FRA). FRA kicks …

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Where Money Meets Feelings: Financial Therapy Finds Its Footing

“The financial therapy program trains people to recognize when an issue is outside of their expertise, and how to make a referral to someone else when necessary,” she said. Many financial planners deal with clients when they are facing major life events, such as marriage, divorce, career changes, retirement or a death in the family, …

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The Best Calendar-Based Personal Finance Apps – The Dough Roller

Sometimes managing your finances is harder than earning the money in the first place. Thanks to our modern technology, though, there are now a lot of interesting and creative ways for you to keep track of your spending. For example, you can use a smartphone to track everything from your investments to your daily spending. …

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What the Inflation Reduction Act Means for Your Medicare Coverage | Personal Finance

Alex Rosenberg Major changes to prescription drug affordability for more than 50 million beneficiaries enrolled in Medicare Part D are likely on the way because of a bill headed to the president’s desk. The Inflation Reduction Act “finally delivers on a promise that Washington has made for decades to the American people … We’re giving …

What the Inflation Reduction Act Means for Your Medicare Coverage | Personal Finance Read More »

This Could Be the Greatest Threat to Retirees’ Financial Security | Personal Finance

(Maurie Backman) The stock market has been extremely volatile this year, and that may have some retirees worrying about their long-term financial prospects. Granted, seniors are often advised to maintain a more conservative investment mix than they did during their younger years. But even so, an extended bout of stock market turbulence could put seniors’ …

This Could Be the Greatest Threat to Retirees’ Financial Security | Personal Finance Read More »

Yes, the IRS is hiring criminal investigators that can use deadly force — but here’s some context and what gig workers who have been scammed must do to avoid losing even more to taxes

Hi MarketWatchers. Don’t miss these top stories. Yes, the IRS is hiring criminal investigators that can use deadly force — but here’s some context The IRS would be poised to get $80 billion over a decade if the Inflation Reduction Act passes. Read More Ex-Qualcomm VP charged with fraud for hiding role in microchip startup …

Yes, the IRS is hiring criminal investigators that can use deadly force — but here’s some context and what gig workers who have been scammed must do to avoid losing even more to taxes Read More »

This Could Be the Greatest Threat to Retirees’ Financial Security | Smart Change: Personal Finance

(Maurie Backman) The stock market has been extremely volatile this year, and that may have some retirees worrying about their long-term financial prospects. Granted, seniors are often advised to maintain a more conservative investment mix than they did during their younger years. But even so, an extended bout of stock market turbulence could put seniors’ …

This Could Be the Greatest Threat to Retirees’ Financial Security | Smart Change: Personal Finance Read More »

What the Inflation Reduction Act Means for Your Medicare Coverage | Personal finance

Alex Rosenberg Major changes to prescription drug affordability for more than 50 million beneficiaries enrolled in Medicare Part D are likely on the way because of a bill headed to the president’s desk. The Inflation Reduction Act “finally delivers on a promise that Washington has made for decades to the American people … We’re giving …

What the Inflation Reduction Act Means for Your Medicare Coverage | Personal finance Read More »

Can You Get a Mortgage With Only Social Security Income?

If the only income you receive comes from Social Security, you may still be able to qualify for a mortgage. In some cases, a lender might be able to “gross up” your income if the benefits you receive aren’t taxable. In addition to a sufficient income, you’ll need a low debt-to-income ratio, good credit score, …

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