As of January 2025, the Social Security Fairness Act has repealed both the WEP and GPO provisions, meaning individuals who were previously impacted by these reductions can now expect to receive their full Social Security benefits going forward. This is a significant change, especially for individuals whose spousal benefits were reduced to $0 under the GPO or who saw their own benefits reduced due to the WEP.
The IRS has released the 2025 retirement plan limits, and as always, change is a constant in retirement planning. Staying on top of these updates is essential to make the most of your retirement savings.
As the calendar turns to a new year, it’s more important than ever to stay informed about the annual thresholds governing various areas of financial planning. With 2025 comes a fresh set of limits and figures that may substantially influence your financial strategies. Below, you’ll find the key numbers you should know so that you can make informed decisions and optimize financial plans for both you and your loved one with special needs in 2025.
In today’s world, staying connected online has become essential for everything from reviewing accounts to paying bills and staying in touch with loved ones. However, with this convenience comes the responsibility of protecting yourself from potential threats. We want to share a few simple cybersecurity tips to help you navigate the online world safely and with confidence.
Estate planning becomes even more complex when it involves the unique needs of a child with special needs. It’s not just about dividing assets equally among your heirs; it’s about ensuring that each child has the resources necessary to thrive in their individual circumstances.
One of the most important decisions you'll make as you approach retirement is when to start collecting Social Security benefits. While you can begin as early as age 62, waiting until a later age to claim your benefits can provide significant financial advantages.