Tag Archives: tax-advantaged savings

Employer-sponsored retirement-savings plans, including 401(k)s and 403(bs), are critical for helping businesses attract and retain skilled employees. However, due to government regulations and annual contribution limits, these qualified plans restrict highly compensated employees’ savings opportunities and their ability to build enough wealth to maintain their standard of living in retirement. To bridge this savings shortfall […]

Social Security and Supplement Security Income (SSI) benefits will rise 2.5 percent for nearly 73 million Americans in 2025. This annual cost-of-living adjustment (COLA) translates to an average of $50 in additional monthly benefits. The annual COLA is tied to the Consumer Price Index (CPI), as determined by the Department of Labor’s Bureau of Labor […]