The Latest Breaking News on Personal Finance

10 Things That Get Easier Once You Have $50,000 Saved

Having $50,000 saved does more than make a bank balance look impressive. It changes the number of financial choices that can happen without immediate panic.

The Free Financial Advisor · Oct 3

Social Security Can Take 50% of Your Monthly Check for an Overpayment — Here’s How to Ask for Less

A Social Security overpayment can turn a normal monthly benefit into a much smaller check. The Social Security Administration can withhold up to 50% of certain benefits to recover an overpayment, depending on the type of benefit involved.

The Free Financial Advisor · Oct 3

8 Things That Become Surprisingly Affordable Once You Have No Car Payment

A car payment can quietly shape an entire household budget, even after the monthly number starts feeling routine. Once that payment disappears, the extra cash can make several ordinary expenses feel much easier to manage. The change matters even more if the household avoids replacing that payment with another loan.

Clever Dude · Oct 3

Workers Near Retirement Are Rethinking How Much to Put in Their 401(k) Before Year-End

For workers approaching retirement, October can trigger an uncomfortable realization: there aren’t many paychecks left to increase this year’s retirement savings. The good news is...

Saving Advice · Oct 2

Best Retirement Accounts for 2027: What Investors Should Compare Before Choosing One

Choosing a retirement account can look deceptively simple until you start comparing tax deductions, employer matches, Roth rules, contribution limits, and withdrawal requirements. In 2027,...

Saving Advice · Oct 2

Self-employed? An S-Corp election could slash your self-employment taxes in 2026, and here's what smart business owners are doing today

For self-employed owners, the biggest 2026 tax decision may not be another deduction. It could be how the business is structured. An S-Corp can let eligible owners split income between wages and distributions, potentially reducing self-employment taxes. The catch is that the rules require reasonable compensation, proper payroll and careful…

The Economic Times · Oct 2

Why Some Gen Z Workers Are Opting Out of Pensions to Pay Today's Bills

Young workers are pausing workplace pension contributions to cover rent and living costs, but experts warn this could reduce future retirement savings through lost growth and employer contributions.

International Business Times UK · Oct 2

Many Americans overlook this: The new $7,500 IRA limit is one of the simplest ways to save on taxes in 2026, and it is still open today

The 2026 tax rules quietly give retirement savers more room to plan. The IRA contribution limit has climbed to $7,500, while 401(k), 403(b) and 457(b) limits have also increased. The standard deduction is higher, too. These changes may look modest individually, but together they can affect how much income you…

The Economic Times · Oct 2

Would You Rather Have the Bigger House or Retire 5 Years Earlier?

A bigger house and an earlier retirement can compete for the same dollars, even when the connection does not appear on a mortgage statement. The extra bedroom, larger kitchen, finished basement, or oversized yard may require more than a higher monthly payment.

The Free Financial Advisor · Oct 2

How Important Is A 401(k) In Your Job Search?

A job offer can look generous until the benefits package enters the conversation. One employer offers a higher salary but no retirement match, while another pays less and contributes extra money to a 401(k). That difference can affect your long-term finances, especially if you plan to stay for several years.

The Free Financial Advisor · Oct 2