IRA vs 401k

Retirement Options

Simple IRA

Is Social Security Running Out of Money? Well, It’s Complicated.

by

Since its founding in 1935, the Social Security Administration has faced repeated predictions of its upcoming insolvency. For decades, the administration took in more money than it paid out. In 2019, the Social Security Trust Fund had a surplus of nearly $3 trillion. However, this is no longer the case. Social Security taxes cannot cover the benefits that the agency provides … [Read more...] about Is Social Security Running Out of Money? Well, It’s Complicated.

Is It OK To Ask Coworkers About Their Salaries?

by

YurolaitsAlbert / iStock.comIf you’re nervous about asking for a raise, or if you’re afraid you’re making less than someone who does the same job as you, stumbling clumsily into a conversation about the sensitive subject of salary won’t win you any popularity contests in the office. Few topics are touchier, trickier or more delicate, and if you’re going to bring it up to a … [Read more...] about Is It OK To Ask Coworkers About Their Salaries?

Maximizing Social Security Not in the Cards for Many

by

In what is described as leaving money on the table, a new survey finds that few near-retired Americans are planning to wait until the age they become eligible to claim maximum Social Security benefits.  According to Schroders’ 2021 U.S. Retirement Survey, just 10% of non-retired Americans ages 45 and older are planning to wait until age 70—the age at which an individual … [Read more...] about Maximizing Social Security Not in the Cards for Many