The Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) have been repealed under the Social Security Fairness Act, which was signed into law on Jan. 5, 2025.

Longevity is related to income, suggests a report published by the Social Security Administration’s (SSA) Office of the Chief Actuary. It shows that death rates for Social Security beneficiaries vary ...

Contributions to 401(k)s made modest gains in 2023 as employers and participants reversed the trend of the year before, when they contributed less to their plans than they had in 2021. This according ...

Most financially-focused New Year’s Resolutions focus on spending (less) or saving (more) —and the really thoughtful ones do both — all tied around the development of a budget that aligns what we have ...

The Department of Labor (DOL) has announced that it has appointed five new members and leadership for the 2025 Advisory Council on Employee Welfare and Pension Benefit Plans —better known as the ERISA ...

Editor’s Note: This is Part I in a two-part series concerning myths surrounding Social Security and dispelling them. Social Security, a staple of government policy and retirement security, will turn ...

The IRS has issued an updated version of Form 15397, “Application for Extension of Time to Furnish Recipient Statements.” The form is relevant to information reporting concerning IRAs. For instance, ...

The IRS has issued the covered compensation tables that will be effective Jan. 1, 2025. The new data is contained in Revenue Ruling (Rev. Rul.) 2025-2. This revenue ruling provides tables of covered ...