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Social Security is a key part of retirement planning, offering benefits beyond retirement. Understanding factors like delayed claiming and taxes can improve your financial strategy.

Many Americans stick to resolutions like improving health and saving money. To stay on track, break goals into monthly tasks, use budgeting apps, stop bad habits, learn new skills, and review insurance. We’re here to help with your financial journey.

As 2024 ends, we reflect on key financial trends and look ahead to 2025, ready to guide you through upcoming opportunities and challenges.

As you approach retirement, healthcare costs become a key concern. Retirees face rising medical expenses and must navigate options like Medicare and private insurance. Proper planning is essential for a secure retirement.

This article suggests a year-end review that includes personal growth, health, and relationships, not just finances. By reflecting on achievements and setting goals, you can align your financial strategy with broader life aspirations for long-term well-being.

As the year wraps up, consider how to maximize your charitable contributions. This article highlights trends in giving and offers strategies like using IRAs, donor-advised funds, and charitable trusts. Learn how to select the right charity and make the most of your donations, both personally and tax-wise.

With 33% of Americans facing identity theft, protecting your information is essential. Here are quick strategies:
*Review statements for suspicious activity.
*Freeze your credit to block unauthorized access.
*Use unique passwords for each account.
*Shred sensitive documents.
*Limit personal items in your wallet.

Consider identity theft protection services, and act quickly if you suspect theft by placing fraud alerts on your credit reports

As a small business owner or aspiring entrepreneur, you need to be aware of a new reporting requirement under the Corporate Transparency Act (CTA) passed in 2021. By 2024, businesses must report their Beneficial Ownership Information (BOI) to the Financial Crimes Enforcement Network (FinCEN). This applies to individuals owning more than 25% of a company, directly or indirectly, and includes details like name, date of birth, and address. The CTA aims to combat money laundering by increasing corporate ownership transparency. Non-compliance can result in significant penalties, so consult a tax, legal, or accounting professional for guidance. Visit FinCEN's website for more information.