Gen Z Is Now the Generation Most Likely to Retire Successfully—And They're Doing It Differently
A new Vanguard study finds 47% of Gen Z workers are on track for retirement—more than Millennials, Gen X, or Boomers. Here's how they're doing it.
49 articles found for "savings"
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.
Your 401(k) Employer Match Deadline Is December 31: Don't Leave Free Money on the Table
December 31 is the cutoff for 2025 401(k) contributions. With employer matches worth up to 6% of salary, workers who haven't maxed out their contributions may be leaving thousands in free money behind.
The One Big Beautiful Bill Act: How 2026's Biggest Tax Law Reshapes American Finances
The OBBBA signed July 4, 2025 doubles the standard deduction, adds senior tax breaks, and makes key provisions permanent. Here's what you need to know.
The Roth Mandate Arrives: What High Earners Need to Know About the New Catch-Up Contribution Rules
Starting in 2026, workers earning over $150,000 must make 401(k) catch-up contributions to Roth accounts only. Here's what the SECURE 2.0 provision means for your retirement.
The 2026 Tax Bracket Shift: How the IRS Changes Will Affect Your Paycheck
The IRS has released 2026 tax brackets with higher income thresholds and standard deductions. Learn how these changes could reduce your tax bill and boost take-home pay.
Medicare's Historic Drug Price Cuts Take Effect: What 9 Million Seniors Need to Know
The first-ever Medicare negotiated drug prices went into effect January 1, 2026. Ten popular medications now cost 38-79% less, saving seniors an estimated $1.5 billion this year.
The New 401(k) Long-Term Care Rule: Penalty-Free Withdrawals for Insurance Premiums in 2026
A new SECURE 2.0 provision now allows penalty-free 401(k) withdrawals up to $2,600 annually to pay for long-term care insurance. Here's how it works.
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.
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.
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.
Estate Tax Exemption Hits $15 Million: What High-Net-Worth Families Need to Know for 2026
The federal estate tax exemption rises to $15 million in 2026, a 7.2% increase. Here's what wealthy families should know about planning their legacy this year.