Experts predict a modest COLA increase for 2026 as inflation eases. While the adjustment may improve monthly benefits slightly, retirees remain concerned about rising living costs and healthcare expenses.
The Secure 2.0 Act introduces phased reforms to enhance retirement savings, raise contribution limits, and adjust RMD rules. Its implementation timeline outlines how these changes affect workers and retirees nationwide.
Retirees face tough choices between Medicare Advantage and traditional Medicare. While Advantage plans offer extra benefits, traditional coverage provides broader access and predictable costs for long-term healthcare needs.
The Secure 2.0 Act raised the age for RMDs and adjusted penalties for missed withdrawals. These updates give retirees greater flexibility in managing retirement income and tax planning.
Recent estate planning updates modify inheritance tax thresholds and trust regulations. Retirees and families should review wills and estate plans to ensure compliance and protect long-term wealth.
