When it comes to retirement planning, one of the most crucial aspects to consider is healthcare coverage. Medicare, the federal health insurance program for those who are 65 and older, offers a wide range of benefits, but it’s not all-encompassing. There are several key areas of healthcare that Medicare does not cover, and beneficiaries need … Read more
Washington state employees saw a recent deduction in their paychecks due to a new tax on wages. The new tax is meant to support the expenses of long-term care. This tax, known as the Washington Cares Payroll Tax, was established in 2019, but its implementation started in July 2024. Here’s how the tax works: most … Read more
Discover how to manage COLA in your retirement years effectively. Learn about financial strategies such as income diversification, adjusting spending habits, investing in inflation-protected securities, considering long-term care insurance, and seeking advice from financial advisors.