A Big 2027 Social Security Cost-of-Living Adjustment (COLA) Could Be Coming. Here’s How It Could Affect Your Taxes.
We won’t know the official 2027 Social Security cost-of-living adjustment (COLA) until October, but right now, all signs…
Savings Tips From Early Retirees, Financially Independent Individuals
If you’re looking to save more, early retirees and financially independent individuals say the goal isn’t necessarily to…
I Teach Wealth Management. Avoid These Spending Traps to Save Money.
This as-told-to essay is based on a conversation with Rob Mallernee, the CEO of Eton Solutions, who teaches…
Social Security’s 2027 COLA Could Be the Biggest Since 2023
A growing number of retirees are highly dependent on Social Security to make ends meet. The most recent…
My aunt offered to give me money to buy a house. The rest of my family is going to be so mad.
Our advice columnists have heard it all over the years—so we’re diving into the Pay Dirt archives to…
A 75 Year Old With $3 Million in a 401(k) Discovers Three Years of RMDs Will Cost Her $42,000 in Medicare Surcharges Alone
Quick Read $3M 401(k) at age 75 generates $122K RMD plus income, pushing MAGI to $200K and triggering…
Inheriting your late parent’s 401(k) can trigger a 25% IRS penalty if you don’t follow the withdrawal rules
A lot of children assume they’ll get their inheritance from parents in a will. But there are other…
America In Focus: mortgage rate rises while Wall Street looks to continue its winning ways
The economy, inflation and how those forces could impact the lives of Americans were front and center over…
Why a 64 Year Old Retiree Is Draining Her $1.1 Million 401(k) Early to Maximize a $5,181 Social Security Check at 70
© MariaDubova from Getty Images and c-George from Getty Images Pro On Reddit’s r/financialindependence and r/retirement boards, a…
Note From the Editor: June 2026
As a certified Baby Boomer (I feel compelled to add that I’m at the younger end of the…
Want to Move 529 Account Money to a Roth IRA? There’s a Hitch.
A law that went into effect in 2024 was supposed to help persuade more people to save for…
A 73 Year Old With $1.5 Million in a 401(k) Discovers RMDs Will Trigger a $280,000 Cumulative Tax Bill
Quick Read RMD divisor shrinks yearly: at 73 earns $56,604, yet 17-year cumulative RMDs approach $1.4 million taxed…