Financial News & Updates

Retirement planning regulations are always evolving, and staying up to date with these legislative changes is essential for securing your financial future. Some significant upcoming shifts include the SECURE 2.0 Act, which will introduce new provisions in 2025 and, with it, new opportunities and considerations. Here’s what you need to know about the changes. What’s Changing from 2024 to 2025? While initially enacted in 2022, SECURE 2.0 modifications are still being implemented as we head into the 2025 tax year. Notable changes include: Increased Catch-Up Contributions One of the most anticipated updates in SECURE 2.0 is the large catch-up Read More

With the cost of living constantly on the rise, it's crucial to understand how Social Security adapts to help keep up. One of the ways this happens is through the Cost-of-Living Adjustment (COLA), an annual update designed to ensure that your benefits hold their value despite inflation. As we approach 2025, a new COLA is set to take effect. Here’s a look at what’s changing and how it might affect your finances. What Is COLA? The Social Security Cost-of-Living Adjustment (COLA) is an annual adjustment designed to protect beneficiaries from the effects of inflation by increasing their benefits in line Read More