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Personal Investments

Maximum Social Security pension: Find out who is eligible here

Twenty47studio | moment | Getty Images Millions of Social Security recipients will benefit from the 2.5% cost of living adjustment for 2025, set to take effect in January. With this increase, the maximum Social Security benefit for a worker retiring…

This required minimum distribution strategy helps avoid tax penalties

Aire Pictures | Moment | Retirees may have income from Social Security, a pension, a retirement plan or other sources – and they typically must either have taxes withheld or make quarterly payments to avoid IRS penalties. For 2024, the…