Category: Money Messages

Discusses the Centers for Medicare and Medicaid Services’ decision to increase the standard monthly premium for Medicare Part B to $185 in 2025, a 5.9% rise from the previous year.

Life gets busy, and updating your 401(k) beneficiaries often gets pushed to the backburner.  But if your employer recently switched 401(k) recordkeepers, now’s the perfect time to double-check your beneficiary designations. When employers change recordkeepers, there’s a chance that your current beneficiary information won’t automatically transfer. It’s easy to overlook, but verifying your beneficiaries can… Continue reading Did your employer change 401 (k)Recordkeeper? It’s time to check your beneficiaries!

½ of the Nation will be disappointed with the results of the presidential election. What impact should the results have on your 401(k) investments?

Twice a week, I have a conversation about retiring before age 65 and what to do about health insurance. Under an employer’s group health insurance plan, the employee generally only pays about 20% of the monthly premium costs. However, when purchasing insurance on your own, you should expect to pay 100% of that cost. That… Continue reading Pre-65 Retiree Health Insurance

Making financial education accessible and interesting is a great thing, but what should you consider

Should you make investing decisions based on who is in office?

Buy Now, Pay Later?

This article explores the pros and cons of refinancing your mortgage in light of the recent 50 basis points rate cut by the Federal Reserve.

When it comes to borrowing money, understanding your credit score can be crucial and could potentially save you hundreds in interest. In this guide, we’ll explain how a credit score is calculated and demonstrate how different credit scores affect interest rates.

Active and passive investing are both very appropriate investment approaches. However, the investing industry has become divided to the point that proponents of each will vigorously debate the legitimacy of their opposites. This Money Message returns sanity to the debate by highlighting the advantages and opportunities of each.