Celebrating 529 Day – Boost Your College Savings
As higher education costs continue to rise, finding effective ways to save for college becomes increasingly important. May 29 (5/29) is a national day of awareness for 529 college savings plans. It’s a day to reflect and a reminder for families to evaluate their education...
How Inflation Affects Retirement Savings (And What You Can Do About It)
Many Americans have been following recent inflation reports and may be concerned about its effect on their day-to-day expenses. However, one of the biggest challenges is understanding how inflation erodes retirement savings and investments. Inflation is one of the biggest threats to retirement savings, eroding purchasing...
Aging in Place vs. Assisted Living: The Financial Considerations
As you plan for your later years, one of the biggest decisions you may face is where to live. Many older Americans prefer to stay in their own homes or downsize to an apartment or smaller home, a concept known as aging in place. Others opt...
Financial Wellness for Older Americans: A Guide to Avoiding Scams and Fraud
As you enter retirement, financial security becomes a top priority. Unfortunately, older Americans are often targeted by scams and financial fraud, with scammers seeking to exploit their savings and investments. “Financial fraud among older adults is on the rise, with billions of dollars lost annually to...
Borrowers in Default on Federal Student Loans Face Imminent Collection Efforts
On April 21, 2025, the U.S. Department of Education announced that it will resume collections on defaulted federal student loans starting May 5, 2025. The federal government hasn't collected on defaulted loans since March 2020. Here is some background followed by answers to questions about...
National Small Business Week – Supporting Local Enterprises
National Small Business Week, celebrated annually during the first week of May, acknowledges small businesses' critical role in building strong communities and driving economic growth. This dedicated week provides an opportunity to recognize the resilience and innovation of local entrepreneurs who form the backbone of...
Housing Market Legacy: The Property Boom and Its Generational Impact
The post-war property boom created a seismic shift in wealth accumulation, profoundly benefiting the Baby Boomer generation and reshaping the modern real estate landscape. Decades of sustained property appreciation allowed Boomers to amass substantial equity, fueling economic advantages that have widened the generational wealth gap. Since...
REAL ID Deadline Fast Approaching
After years of numerous delays, the REAL ID enforcement deadline is scheduled for May 7, 2025. 1 What is a REAL ID? A REAL ID is a type of enhanced identification card that is signified by a star marking in the upper top portion of the card....