These States Are About To Pass Personal Finance Laws This Year

Lee Jimenez, a teacher at Indian Hill Elementary School in Cincinnati, Ohio, discusses credit cards and payment methods with his third-grade class using the online finance curriculum SmartPath. SMARTPATH There is momentum for personal finance education becoming law in many states across the country. Nearly half of states already require such instruction, and more states … Read more

Social Security: 1 drastic change in 2023 | Smart Change: Personal Finance

(Katie Brockman) Social Security can make for a more financially secure retirement, and many older adults rely heavily on benefits to make ends meet. Any changes to the program could then make a big difference in your pension. Next year will be a landmark year for Social Security seniors as a drastic change is underway. … Read more

What Medicare Part A’s Belly-Up Date Means to You | Personal Finance

Kate Ashford, CSA® At the current rate, Medicare’s Hospital Insurance trust fund will run out of money by 2028, according to the June 2022 Medicare Trustees report. That’s a two-year extension from the previous estimate, but experts say it’s still no good. news and that the government should stop thumbs up. Here’s what you need … Read more

What Medicare Part A’s Belly-Up Date Means to You | Personal Finance

Kate Ashford, CSA® At the current rate, Medicare’s Hospital Insurance trust fund will run out of money by 2028, according to the June 2022 Medicare Trustees report. That’s a two-year extension from the previous estimate, but experts say it’s still no good. news and that the government should stop thumbs up. Here’s what you need … Read more

Social Security cuts scare me, but not for the reason you may think | Smart Change: Personal Finance

(Maurie Backman) Social Security does not run the risk of going bankrupt and cutting benefits across the board. That’s the good news. The bad news, however, is that benefit cuts are a definite possibility once the program’s trust funds run out of money. According to the most recent projections, this could happen in 2035. It … Read more

Should You Stop Investing When a Recession Hits? | Smart Change: Personal Finance

(Maurie Backman) Are we on the brink of a recession? Or are we already in it? It’s quite unclear. Technically, two consecutive quarterly declines in gross domestic product could indicate a recession, and we’ve reached that threshold. But looking at the latest jobs data, it’s clear that the economy is still doing well. But we … Read more

Is moving into retirement the right choice for you? | Personal Finance

(Christy Bieber) If you are about to retire or have already retired from work, you need to decide where to live for your later years. While you could stay where you are, sometimes moving makes sense. Is a relocation something for you? Here’s how to decide. Image source: Getty Images. 1. Do you want to … Read more

What Medicare Part A’s Belly-Up Date Means to You | Personal Finance

Kate Ashford, CSA® At the current rate, Medicare’s Hospital Insurance trust fund will run out of money by 2028, according to the June 2022 Medicare Trustees report. That’s a two-year extension from the previous estimate, but experts say it’s still no good. news and that the government should stop thumbs up. Here’s what you need … Read more

Social Security: 1 drastic change in 2023 | Smart Change: Personal Finance

(Katie Brockman) Social Security can make for a more financially secure retirement, and many older adults rely heavily on benefits to make ends meet. Any changes to the program could then make a big difference in your pension. Next year will be a landmark year for Social Security seniors as a drastic change is underway. … Read more