Contrary to what you may think, this article is not about the pros and cons of leaving your cable company in favor of a la carte streaming services. Instead it deals with a more serious cord in need of cutting when it comes to your financial security: supporting your adult children….
Social Security 2100
No, the article title is not alluding to some new sci-fi based show about a robot claiming Social Security in the future. Instead, it refers to a surprising piece of legislation – The Social Security 2100 Act (surprising given the ongoing partisan divide in Congress). The bill …is aimed at solving one of the biggest issues facing the government and Americans: the funding shortage for Social Security….
IRA Deductibility and the TCJA – Status Quo
As April 15, tax day, looms, many individuals rush to squeak in an IRA contribution for the 2018 tax year…. One question that looms large this year, however, is whether changes to the tax code, which are expected to lead to many fewer taxpayers claiming itemized deductions versus claiming the standard deduction starting in 2018, affect the deductibility of those IRA contributions….
A Worldwide Worry
If you’re worried about saving enough for retirement, you’ve got company all over the world. A new survey shows that even workers in countries with strong social safety nets fret over their financial futures. ING surveyed almost 15,000 people in Europe, the U.S., and Australia, and found the majority worry whether they’ll have enough money in retirement….