Roth Conversion Deadline: Last Chance to Lock In Lower Tax Rates Before 2026
December 31 is the deadline for 2025 Roth conversions. With tax rates potentially rising in 2026, now may be the optimal time to convert traditional IRA funds to a Roth.
110 articles found for "retirement"
The December 31 RMD Deadline: What Retirees Must Do Before Midnight
If you're 73 or older, the deadline to take your 2025 required minimum distribution is December 31. Missing it triggers a steep 25% penalty—here's what you need to know.
The Executive Order Presidency: How 229 Orders in Year One Reshaped American Finance
As Trump approaches his first-year anniversary, his record-breaking 229 executive orders have touched every corner of the economy from tariffs to credit cards to retirement savings.
Trump's Davos Economic Agenda: 401(k) Access, Credit Card Caps, and the Housing Push
President Trump will unveil major economic proposals at Davos next week, including letting savers tap 401(k)s for home down payments and capping credit card rates at 10%.
The 'Great Wealth Transfer' May Never Come: Healthcare Costs, Taxes, and the 10-Year Rule Could Devour the $84 Trillion Inheritance Millennials Were Promised
Baby boomers hold $84 trillion in wealth, but healthcare costs, the SECURE Act's 10-year withdrawal rule, and taxes threaten to consume much of the inheritance millennials were promised.
Early Estimates for the 2027 Social Security COLA Range From 1.2% to 3.1%, and 70 Million Beneficiaries Are Already Losing Ground to the Costs That Matter Most
Early projections for the 2027 Social Security COLA range from 1.2% to 3.1%. With healthcare and housing costs outpacing the adjustment formula, 70 million beneficiaries face an erosion of purchasing power.
DOGE Has Gutted the Social Security Administration: 7,000 Employees Gone, Dozens of Offices Closing, and 70 Million Americans Left Waiting
The Social Security Administration has lost 7,000 employees and is shuttering dozens of field offices under DOGE restructuring. Here's what it means for 70 million beneficiaries.
Social Security's $56 Monthly Raise Sounds Generous Until You Do the Math: How Medicare, Inflation, and Rising Costs Are Eroding the 2.8% COLA Before Retirees Can Spend It
The 2026 Social Security COLA adds $56 per month on average, but Medicare premiums, food costs, and insurance increases are consuming most of the raise before retirees see a dime.
The First Baby Boomers Just Turned 80, the Estate Tax Exemption Was Cut in Half, and the $53 Trillion Great Wealth Transfer Is Already Losing Steam
The leading edge of the Baby Boomer generation has reached 80, the federal estate tax exemption has dropped to $6.8 million, and rising healthcare costs threaten to consume much of the $53 trillion that was supposed to flow to younger generations.
The Roth Catch-Up Mandate Has Arrived: What Workers Earning Over $150,000 Must Know About Their 401(k) in 2026
SECURE 2.0's Roth catch-up mandate is now live for 2026. Workers 50 and older earning more than $150,000 must make catch-up contributions to a Roth 401(k) with after-tax dollars.
Five Financial Moves to Make Right Now as Tariff Uncertainty, a Softening Job Market, and Rate Limbo Reshape the 2026 Landscape
With tariffs raising household costs by $1,300, hiring slowing to its weakest pace since 2003, and the Fed holding rates steady, here are five practical money moves to protect your finances in 2026.
New 401(k) Rules for 2026: High Earners Now Face Mandatory Roth Catch-Up Contributions
Starting January 1, 2026, workers earning over $150,000 must make 401(k) catch-up contributions to a Roth account. Here's what you need to know about the new SECURE 2.0 rule.