3 Social Security changes in 2023 you probably didn’t know

(Kylie Hagen) The purchasing power of Social Security has been declining for decades, but rarely have seniors felt it as much as they did this year. Record inflation has made everything considerably more expensive, and that has made life very difficult for those with little or no personal savings to supplement their checks. But there … Read more

IRA contribution limits are going up in 2023. Here’s how to make the most of it

(Kylie Hagen) IRAs are popular because of the freedom they give you to invest your money however you want, but they have one drawback: their low contribution limits. In 2022, you can only contribute $6,000 to an IRA or $7,000 if you’re 50 or older. These limits apply to all of your IRA contributions, not … Read more

How stay-at-home couples can build credit

Couples share a lot, but regardless of your relationship status, your credit score belongs to you and only you. Even if you get 100% financial support from your spouse or partner, establishing and building your credit score is essential. It can benefit both of you as you navigate financial decisions together. But in the event … Read more

3 ways saving for retirement can help your finances today

(Kylie Hagen) Saving for retirement is often seen as a form of delayed gratification. You choose not to spend some of your money now in exchange for more money in retirement. But this is an overly simplistic way of looking at things. Although you won’t realize the full benefit of saving for retirement until you … Read more

3 Tax moves that must be made by December 31

Dan Caplinger, The Motley Fool, Thanksgiving is here, and before you know it, it’s time to start planning your New Year’s Eve parties. But in addition to holiday shopping, planning for family trips, and everything else that comes with the holiday season, it’s important to tackle your tax planning before the end of December. In … Read more

Protecting wildlife is key to preventing the next big pandemic

Dennis Thompson TUESDAY, Nov. 22, 2022 (HealthDay News) — Research in wild bats reinforces a clue crucial to stopping future pandemics: When wildlife populations remain healthy, the odds of humans contracting “cross” viruses recede. In Australia, deforestation has caused a deadly respiratory virus to pass from fruit bats to humans, by forcing the two species … Read more

How to set financial limits for holiday visits

For many, visiting family for the winter holidays is a question of “how” rather than “if.” But this year, higher costs may make travel less expensive, especially when combined with other life changes — such as moving across the country, going to school or getting married. Best way to tame vacation travel costs? Set financial … Read more

Should you sign up for Social Security before 2023 COLA starts?

(Kylie Hagen) The average Social Security check is set to jump to about $147 next year, thanks to a historic 8.7% cost-of-living adjustment (COLA). This is exciting news for seniors who are already claiming benefits, but it begs a question for those who qualify but haven’t yet registered: Should they claim before the end of … Read more

The 2023 savings credit is available to more taxpayers than ever before

(Dan Caplinger) Everyone can benefit from saving for retirement. But especially when times are tough, it’s hard to find money to allocate. Anytime you can get help, it is worth taking advantage of it. The federal government has been concerned about making sure low- and middle-income Americans are ready for retirement. That’s why legislators created … Read more

How does a student loan a nerd to pay off her debts

Anna Benson Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world financial questions. This week, another episode of our series “How the Nerds Do It,” It’s where we talk with Nerds about how they personally deal with the issues they write about every day. In this episode we talk with Student Loans Nerd … Read more