Retirement

If not, you may be leaving money on the table and always wondering if you made the correct decision. A married couple on average will collect approximately $1,500,000 in Social Security benefits over their lifetime assuming they live to life expectancy. That’s not a small amount. The dollar difference in strategies could vary as much

The Corporate Transparency Act (CTA) is a federal law that took effect on January 1, 2024. It was enacted to curb money laundering, corruption, tax evasion, fraud, and other financial crimes. It requires entities organized or registered to do business in the United States to disclose information about the entity and who owns it to

The Corporate Transparency Act (CTA), a burdensome new law that would require some 32 million closely held businesses to file invasive information with the Financial Crimes Enforcement Network (FinCEN), has just been declared unconstitutional in National Small Business United, d/b/a the National Small Business Association (NSBA) vs. Janet Yellen, in her official capacity as Secretary

The Millennials have taken so much generational bashing that it’s almost become passe. This apparently entitled bunch of the supposedly spoiled should have been the ruin of us all if they had lived down to their billing. How much more, then, should we fear the rise of Generations Y and Z? They will certainly lead

Eligible? One in five low to moderate earners eligible to receive a check from the U.S. Treasury aren’t aware that they need to take action now to claim a credit called the Earned Income Tax Credit (EITC). Why are people missing this opportunity to receive extra money? I don’t have the answer, but I’ll guess

In spite of all the changes to work-life over the past few years following the pandemic, one thing that has stayed consistent is the sense of burnout among employees. According to recent studies, more than one out of every two employees feel burnt out. It’s a trend that seems to cross industries. In my day

In response to the recent burst of inflation, the government increased Social Security benefits significantly in the past two years. But compared to average pre-retirement income, net benefits have been falling for decades. And the trend will continue. One big reason: Rapidly rising Medicare premiums that usually are deducted directly from Social Security checks. Think

For aging parents who were responsible enough to do estate planning, the lawyer who put their will and trust together had them appoint a power of attorney for finances (POA). If they picked you to do that, it’s likely no one gave you an instruction book to go with the role. Serving as the one

When a large, unexpected expense crops up, you don’t want to increase the cost by using a less-than-optimum way to raise the needed cash. Explore the options and select the best one for you. An unexpected cash need can spring from medical treatment, home repairs, taxes, and help for family members, among others. Of course,

Recently, one of my readers at Live And Invest Overseas wrote to me to ask whether she should buy property in Greece to qualify for residency under its golden visa program. She was considering the golden visa because she wanted more time in the Schengen Area than her U.S. passport allows (90 days in any