Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Re

I am 60 years old, married, with no mortgage. We also have $1.1 million in liquid cash and $880,000 in a 401(k).  I will have two pensions, which have not started yet, and my wife will have one pension, all three adding up to approximately $3,500 a month if we took them today. Also, we … Read more

Is Social Security income taxable by the IRS? Here’s what you might owe on your benefits

When it comes to with its barrage of and , getting your can feel like a herculean task, especially if you’re not quite sure of the rules. If you receive Social Security benefits from the government, for example, that money is subject to taxes. The amount you have to pay varies and whether you are … Read more

Debit Limit Ceiling Crisis Could Hit Your 401(k), Social Security and Medicare

America’s debt ceiling was reached – again – on January 19, 2023 as the country exceeded its $31.4 trillion spending cap. The cap was raised to that amount in December 2021. As much terms like “ceiling” and “cap” are used in this discussion, the truth is this limitation is more of a temporary hindrance than … Read more

Amazon just knocked up to $220 off Eufy wireless home security systems — but only ’til midnight

Still tinkering with an outdated home security system and want to upgrade to technology that broadcasts high-definition video and audio to your smartphone whether you’re in the next room or an ocean away?Today is the day to invest in your own peace of mind. Amazon has , but this deal is one-day-only. Customers are raving … Read more

Why Did I Get Two Social Security Checks This Month?

Social Security is generally a once-per-month proposition. However, in certain cases, beneficiaries can receive more than one check per month. For some this is a normal occurrence, but for others it can mark some type of irregularity. Retirement at Any Age: Find Out:  If you receive two Social Security checks in a single month, it pays … Read more

Sam Bankman-Fried had a ‘security incident’ when 3 men drove into a metal barricade outside his parents’ multimillion Ba

Sam Bankman-Fried’s lawyer said the ex-crypto mogul and his parents had been subjected to harassment and threats. This includes a recent “security incident” at his parents’ Bay Area home, the lawyer said. Three unknown men drove into the metal barricade outside their home, he said. Sam Bankman-Fried’s lawyer said that the former crypto mogul had … Read more

How Your Social Security Is Changing in 2023

There’s a huge cost-of-living increase coming to recipients this year – the largest adjustment since 1981, thanks to pandemic-prompted inflation. But that’s not the only change coming. Other dollar limits on Social Security payroll taxes, taxes on benefits, disability thresholds and qualifying for benefits also will be changing for 2023. If you need help setting … Read more