Retirely

Key Points Workers aged 50 and older have the opportunity to make catch-up contributions to their 401(k) plans. High earners will only be able to make Roth catch-up contributions beginning in 2026. This could increase their tax bill in the present. The $23,760 Social Security bonus most retirees

Key Points While on the campaign trail, Donald Trump vowed to end the taxation of Social Security benefits. However, this proposal was absent from the president’s flagship tax and spending law, the “big, beautiful bill” — and with good reason. Trump’s consolation prize for seniors is considerably

Key Points Social Security benefits are now eligible for a cost-of-living adjustment (COLA) each year. While benefits aren’t guaranteed to increase from one year to the next, they also can’t decrease. Seniors on Social Security tend to lose out on buying power because of a big problem with the way

Image source: Getty Images Most people think business credit cards are only for “real” businesses, like ones with storefronts, employees, and big logos. But if you freelance, consult, sell online, run a side hustle, or earn 1099 income, you’re already running a business. And skipping a business

Key Points Medicare eligibility generally begins at 65. You may want to delay your enrollment if you have great health insurance through a job. Even though Part A is usually free, you may want to wait if it bars you from funding an HSA. The $23,760 Social Security bonus most retirees completely