An older couple with their social security benefits.

Social Security Benefits Increase in 2021

Tuesday, 10 November 2020 by

Estimated average Social Security retirement benefits starting January 2021 All retired workers in 2020 $1,523/mo All retired workers in 2021 $1,543/mo Did you know? You can increase your Social Security retirement benefits by 5-8% when you delay applying until you’re age 70. 1.6% cost of living adjustment for Social Security retirement benefits and SSI payments

Glass jar with emergency fund money.

How to Build Your Emergency Fund – When You Have No Money

Monday, 26 October 2020 by

This year’s pandemic highlights the importance of having enough money set aside in an emergency fund to cover six to nine months of key expenses should you lose your job. But how do you build an emergency fund if you don’t have any extra money? The easiest way to accomplish this is by reducing your

Post-it with time for a new job written on it.

Switching Jobs? Here’s What To Do With Your 401(k)

Wednesday, 21 October 2020 by

Suppose you’re switching jobs if you were furloughed because of the pandemic or you’re simply searching for greener pastures. If you have a 401(k) from your soon-to-be former employer, you must decide what to do with your retirement account when you leave. Here are your four options: Leave the money in your previous employer’s pension

A hand holding a stimulus check and envelope.

IRS Rolls Out Quicker Fix for Missing, Incorrect Stimulus Payments

Tuesday, 29 September 2020 by

Are you still waiting for your Economic Impact Payment? Did you get your payment but it was for the wrong amount? The IRS initially said you needed to wait until filing your 2020 tax return to resolve any issues with missing or incorrect Economic Impact Payments. Thanks to the prodding of the Taxpayer Advocate Service,