The IRS has increased the optional standard mileage rates for computing the deductible costs of operating an automobile for business purposes for 2025. Here’s what you need to know.
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Auto Insurance Rates Are Soaring, But You Can Limit the Damage
Nationally, auto insurance premiums have soared by about 50 percent over the past three years. Here are the biggest factors and what you can do about it.
Schwab Phishing Scam Alert
A new phishing scam involves attackers texting individuals from an international number about a disbursement from their Schwab account. This is an attempt to get people to provide their login credentials. Here’s how it works.
Charitable Gift Giving: Opportunities and Scams
The cries for charitable gifts are swinging into high gear. Most people do the majority of their giving in the final 6 weeks of the year. Cybercriminals know this, and are adept at crafting false solicitations designed to capture your donations.
Inflation, Deflation, and Disinflation
Inflation is decreasing. Are you wondering why you’re not feeling it? We are asked this question often. Let’s explore the concepts of inflation, deflation, and disinflation.
Seizing Control of Your Retirement: Monthly Pension vs. Lump Sum
The end of the year tends to be a popular time for people who are looking to retire to do so. For those fortunate enough to be able to choose between a monthly pension or taking a lump sum payment, the question they must ask is, “Which one do I choose?”
Social Security Announces 2.5% COLA Increase for 2025 Amid Cooling Inflation
The Social Security Administration announced a 2.5% Cost of Living Adjustment for 2025, effective January 1, marking a modest boost compared to last year’s 3.2% increase. This increase may feel insufficient to many.
Medicare Open Enrollment: It’s Time To Review Your Healthcare Coverage
The Annual Medicare Open Enrollment period has begun. If you need to make changes to your plan for 2025, now is the time. Here’s what you need to know.
When can Medicare Part D be opted out of?
A common question from individuals researching their Medicare options is, “Can Medicare Part D be opted out of?” Howard Hook was interviewed by the New York Post and offered an answer to a reader of the “Dear John” column.
More Americans Are Working Beyond Retirement Age. Should You?
As people live longer and healthier lives, more individuals are choosing to continue working well past the traditional retirement age of 65. Sometimes, it’s by necessity—they need the money—and sometimes, it’s by choice. Which path is right for you?
Cybersecurity Awareness Month: Protecting Your Financial Security
In an increasingly digital world, safeguarding your personal and financial information has never been more crucial. Here’s how you can protect yourself and your finances from cyber threats.
Fed Cuts Rates: Implications for the Economy, Stock Market, and Bond Market
The Federal Reserve cut rates, a move that has far-reaching implications for the economy, stock market, and bond market. Learn why the cut rates and more about the impact.
Soaring Homeowner’s Insurance: Forcing Tough Choices
The cost of homeowner’s insurance is going through the roof. Premiums have soared in recent years, but it’s not the same type of inflation that affects the cost of your cup of coffee or a new appliance for the kitchen. Learn why it’s happening and what you can do about it.