2023 will bring historic changes for retirees on Social Security

(Katie Brockman) Social Security can go a long way toward making retirement more affordable, but as inflation continues to rise, it is becoming increasingly difficult for fixed-income retirees to make ends meet. Fortunately, relief could be on the horizon. Next month, the Social Security Administration (SSA) will announce cost of living (COLA) for the year … Read more

3 Reasons You Should Avoid Dividend Reinvestment Programs | personal financing

(Adam Levy) Reinvesting your earnings to keep your portfolio growing is always a smart move. That’s why many dividend stocks offer dividend reinvestment programs, or DRIPs, that automatically reinvest your dividends into more company stock. Many brokers have made it easy to set up automatic dividend reinvestments for your shares as well. But dividend reinvestment … Read more