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Giving to Grandkids? Consider Gift Tax, 529 Plans, and More

Grandparents often are particularly generous to grandchildren as they see their family’s legacy continuing to the next generation. In many cases, grandparents feel they have ample resources while their children or grandchildren may be struggling financially. Assistance with summer camp…

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High Earners Over Age 50 Will Lose a 401(k) Tax Break

Starting in 2026, older high-earning employees will lose a tax-savings perk that has helped them save extra money for retirement. In September 2025, the Internal Revenue Service (IRS) and the U.S. Treasury issued final rules on a 2022 law which…

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survivor benefits

Social Security Spousal Benefits and Survivor Benefits

Social Security is best known as a retirement program, but it does far more than provide monthly income for retired workers. It also protects families by extending benefits to spouses, widows, widowers, and children when a worker retires, becomes disabled,…

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Beyond Medical Care: Personal Benefits of Advance Directives

Takeaways Advance directives, including health care powers of attorney and living wills, are crucial for outlining your medical wishes and appointing a surrogate decision-maker. Creating these documents involves personal reflection on quality of life, end-of-life preferences, and whom you trust…

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