Davidson News

Davidson News

Unlock Your Retirement Potential: When to Claim Social Security?

When to Claim Social Security: 3 Questions to Ask Yourself Maximize Your Retirement Income: Should You Wait or Claim Early? According to Fool, Think about your money. Do you need Social Security to live comfortably? If so, you might want to wait until age 70. This will give you more money each month. But if you’re … Read more

Retire with Ease: The Lowdown on State and Federal Taxes for Retirees

Taxes Made Easier for Retirees Federal Taxes Still Apply According to Fool, As Americans, we often complain about paying taxes. However, some states make it easier for retirees by not taxing certain types of income. Nine states don’t tax any income at all. These states include Alaska, Florida, and Texas. Four other states don’t tax … Read more

$4,873 Monthly Benefit? and Maximize Your Retirement Income

How Some Retirees Secure a $4,873 Monthly Benefit Social Security Benefit Unlocking the Secret: Maximizing Social Security Benefits Based on Lifetime Earnings According to Fool, Some retirees are getting a big check from Social Security this month—$4,873, to be exact. It might seem like a lot, but it’s based on their earnings over many years. … Read more

2025 Social Security COLA Navigating Financial Stability Amid Rising Costs

Social Security Benefits Set to Increase for Fourth Consecutive Year in 2025 COLA Projection Indicates Potential 2.6% Raise for Social Security Recipients According to FOOL, For older individuals dependent on Social Security, there’s potential for a fourth consecutive year of over 2% benefits increase in 2025, a significant occurrence not seen since 2008. This raise … Read more

President Biden’s Fight to Enhance Child Tax Credit: Combating Child Poverty!

Boosting the Child Tax Credit for Families During Tough Economic Times President Biden’s Initiative to Provide Financial Relief to Struggling Families According to Fool, in 2021, when the economy was tough the US government made big changes to help families. One of these changes was to boost the Child Tax Credit led by President Biden. … Read more