TIPS Archives - Page 2 of 3 - DR News - News, Retirement, Finance

Money-Saving Mania: 20 Frugal Tips to Live By according to BuzzFeed

New York, NY – People are always looking for ways to save money and be more frugal in their daily lives. From making small changes in daily habits to finding creative solutions, here are 20 money-saving tips that individuals swear by. One important tip that many people find helpful is to create a budget and stick to it. By tracking expenses and income, individuals can better manage their finances and avoid overspending. Another popular frugal …

Taxes on Social Security: Tips for Reducing Costs in the First Year

Indianapolis, IN – As retirement approaches, many individuals begin to navigate the complex landscape of Social Security benefits. One common concern for retirees is how to minimize the taxes paid on these benefits. Understanding the tax implications of Social Security is key to optimizing retirement income. When it comes to reducing taxes on Social Security benefits, there are several strategies that retirees can implement. One approach is to consider spreading out other sources of income …

Hurricane Season Preparedness: Cox Media Group Provides Essential Tips for Safety and Readiness

Dayton, Ohio – Residents of Dayton, Ohio are celebrating the opening of a new community center in their city. The center, funded by a partnership between local businesses and government, will provide a range of services and activities for people of all ages in the area. The center’s facilities include a gymnasium, meeting rooms, and an outdoor playground. It will offer after-school programs for children, fitness classes for adults, and a space for community events …

Social Security Made Easy: Tips to Help Apply for Supplemental Income and More for Someone You Love

Montgomery, Alabama – Social Security impacts people of all ages, and this Valentine’s Day serves as a reminder of the various ways in which it can help individuals. Whether it’s applying for benefits such as Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI), or checking the status of a pending application, there are ways in which loved ones can assist one another in navigating the Social Security system. Applying for SSI and SSDI …

Retirement Income Strategies: Expert Tips for 401(k) Nest Egg

Globe, AZ – Retirement can be a daunting transition for many, as they move from earning an income to not earning one. And for those seeking to turn their accumulated savings into a dependable source of income, there are numerous financial strategies and products available to help navigate this new phase in life. One common concern for retirees is the fear of running out of money. As such, it is crucial to carefully plan and …

Social Security Tips: Essential Advice for Married Couples

Boston, MA – When it comes to financial planning, Social Security is an important consideration for married couples. Here are three important tips to help ensure that couples maximize their Social Security benefits and make the most of their retirement planning. First, it is crucial for married couples to coordinate their Social Security claiming strategy. By working together, couples can optimize their benefits and create a strategy that takes into account each spouse’s work history …

What You Need to Know About Treasury Inflation-Protected Securities

TIPS (Treasury inflation-protected securities) are government-issued bonds that are inflation-indexed. TIPS can thus yield higher returns as inflation rises than non-inflation-linked bonds. TIPS prices adapt to retain their real value when inflation rises. This makes them attractive to investors, especially when the economy is struggling or the threat of inflation looms. TIPS appears to be a natural choice for many investors when there is above-average uncertainty regarding inflation and market returns. Unfortunately, TIPS do not …

Protect Your Personal Information: Alabama Specialist Shares Tips for Safeguarding Your Social Security Card

Montgomery, Alabama – Scams targeting personal information are on the rise, making it crucial to protect your vital documents such as your Social Security card. Your Social Security card is not used for identification purposes in most cases; typically, you only need to know your Social Security number (SSN). Many business transactions do not require the physical card, and there are alternative documents you can use for various purposes. These alternatives include a birth certificate, …

Why You Should Buy I Bonds Now

Treasury Series I savings bonds, one of the most exciting current bond offers, are expected to become less appealing in November when a new rate on the popular instrument is determined.

Social Security’s 10-Year COLA History and Tips to Maximize Benefits for Retirement

Tampa, Florida – Social Security beneficiaries are set to receive a significant increase in their payments next year, with the cost-of-living adjustment (COLA) expected to be the largest in recent years. In the past decade, COLA increases have ranged from as low as 0.0% in January 2016 to as high as 8.7% in January 2023. This upcoming increase of 8.7% in January 2023 is the largest in ten years, providing relief to retirees and beneficiaries …