“As they age into their retirement years, baby boomers have proven reluctant to leave homes where they feel comfortable and where their costs are affordable,” according to the report by financial education specialist Brad Chastain. “The result is that 38% of American homeowners age 65+ have lived in their home for more than 30 years.

Homebuyers, entrepreneurs and public officials are confronting a new reality: If they want to hold off on big purchases or investments until borrowing is less expensive, it's probably going to be a long wait.

As inflation lingers, the Social Security Administration (SSA) is boosting its cost-of-living adjustment (COLA) for benefit checks in 2024. It's just one of many changes announced by Social Security recently.

MANY employees are leaving company benefits on the table.

Maybe it’s simply inertia: Employees simply don’t bother to sign up for all the financial benefits their employers offer. Or they’re overwhelmed by all the choices.

“For the vast majority of people, the issue of how to save, invest and spend in retirement is the hardest, nastiest problem in finance.”

Congress hasn’t made this tough problem easier. When lawmakers can agree at all, they layer poorly drafted law upon law, leaving both the Internal Revenue Service and savers to confront a maze of confusing provisions.

Beginning in 2024, most small to mid-size businesses formed under state law will be required to report their BOI. Existing businesses have until the end of the year, but new businesses formed in 2024 only have 90 days from the date of formation to file a report.