One topic that hasn’t been discussed much in the current presidential race is the fact that Social Security’s costs are expected to exceed its income in 2020 for the first time since 1982; in other words, Social Security will be upside down. This will force the program to dip into its nearly $3 trillion trust […]
In late December Congress passed and the President signed, we aren’t kidding – this is the real name of this legislation, the Setting Every Community Up for Retirement Enhancement (SECURE) Act – this legislation is now the law of the land. Where DC came up with the name is a mystery, but some of the […]
In early November the IRS announced the higher inflation-adjusted figures for retirement account savings for 2020, which is really helpful if you are trying to plan for next year.
