Wealth Building

Wealth Building

Social Security's 2026 Overhaul: What the 2.8% COLA and New Tax Breaks Mean for 75 Million Americans

Social Security benefits rise 2.8% in 2026, adding $56 monthly for average retirees. Plus, a new $6,000 tax deduction helps seniors keep more of their benefits.

T

The Money Unlock Editorial Team

7 min

Wealth Building

The 60-63 Super Catch-Up: The Most Generous Retirement Savings Opportunity in History

Workers aged 60-63 can now contribute an extra $11,250 to their 401(k) plans in 2026—the largest catch-up contribution ever allowed. Here's how to maximize it.

T

The Money Unlock Editorial Team

7 min

Wealth Building

The 529-to-Roth IRA Revolution: How College Savers Can Now Build Tax-Free Retirement Wealth

SECURE 2.0 now allows 529 plan rollovers to Roth IRAs—up to $35,000 lifetime. Here's how families can transform leftover college savings into retirement gold.

T

The Money Unlock Editorial Team

8 min

Wealth Building

The Senior Bonus Deduction: How Retirees Can Claim Up to $12,000 in New Tax Savings

The One Big Beautiful Bill Act created a new $6,000 tax deduction for seniors 65+. Here's how to maximize this benefit and reduce your 2025 and 2026 tax bills.

T

The Money Unlock Editorial Team

7 min

Wealth Building

The Mandatory Roth Trap: High Earners Wake Up to New 401(k) Rule That Just Took Effect

Starting January 1, 2026, workers earning over $145,000 must make all catch-up contributions to 401(k) plans as Roth (after-tax). What this means for your retirement strategy and tax planning.

T

The Money Unlock Editorial Team

8 min

Wealth Building

New York's LLC Transparency Act Takes Effect Today Amid Regulatory Confusion

New York's LLC Transparency Act becomes law on January 1, 2026, but business owners face uncertainty due to missing forms, conflicting definitions, and delayed guidance from state regulators.

T

The Money Unlock Editorial Team

8 min

Wealth Building

HSA Limits Hit Record Highs in 2026: How to Save $8,750 Tax-Free for Healthcare

The IRS raised 2026 HSA contribution limits to $4,400 for individuals and $8,750 for families, offering Americans the triple tax advantage for healthcare savings.

T

The Money Unlock Editorial Team

8 min

Wealth Building

Dependent Care FSA Jumps 50% to $7,500: Parents' Biggest Tax Break of 2026

The IRS raised the dependent care FSA limit from $5,000 to $7,500 for 2026—a historic 50% increase that could save working parents thousands on childcare costs.

T

The Money Unlock Editorial Team

8 min

Wealth Building

The Retirement Revolution: What Every Saver Must Know About 2026's Biggest Changes

Major retirement savings changes take effect in 2026, including higher contribution limits, mandatory Roth catch-ups for high earners, and new super catch-up provisions. What you need to know.

T

The Money Unlock Editorial Team

8 min

Wealth Building

The Backdoor Roth IRA Survives: High Earners Can Still Access Tax-Free Retirement Growth

The backdoor Roth IRA strategy survived recent tax legislation. Learn how high-income earners can still convert traditional IRA contributions to Roth for tax-free growth.

T

The Money Unlock Editorial Team

8 min

Wealth Building

SECURE 2.0 Automatic Enrollment: New 401(k) Plans Must Now Auto-Enroll Workers

Starting in 2025, new 401(k) plans must automatically enroll employees at 3-10% contribution rates. Learn how this SECURE 2.0 provision could boost your retirement savings.

T

The Money Unlock Editorial Team

7 min

Wealth Building

The New Non-Itemizer Charitable Deduction: How to Claim Up to $2,000 While Taking the Standard Deduction

For 2026, a new tax benefit lets you deduct charitable donations even if you take the standard deduction. Here's how the non-itemizer charitable deduction works.

T

The Money Unlock Editorial Team

7 min