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The Social Security Administration Has Announced Cost of Living Adjustments & Tax Changes For 2021. Here’s What You Need to Know
On Tuesday, October 13, 2020, the Social Security Administration released important facts and figures for 2021 – including cost-of-living adjustments (COLA) for retirees and tax changes for the currently employed. As Social Security continues to contribute a large portion of monthly income for many, we thought this information would be timely.
The Election is finally over (at least mostly), and we are busy analyzing the outcomes of the Presidential and Congressional races and the possible impact on policy, the economy, the markets and your finances. Rest assured we are gathering the latest thoughts of economists, strategists and money managers, and evaluating whether any changes might be required in our planning work with clients or our management of your portfolio. In the meantime, we thought you might find the following Q&A about the election results interesting and informative.
Most likely, we know someone who has been a victim of identity theft. In 2019, 14.4 million people were victims of identity theft.1 Identity theft can happen in a number of ways – in-person, online, over email or on the phone. It usually comes out of the blue, and no matter how it occurs, identity theft affects a large number of people per year.
According to a 2017 survey, medical school students graduate with an average student loan debt of $192,000.1 With a demanding career ahead of them, most healthcare workers could use the help of a dedicated financial professional. From tackling student loan debt to preparing for retirement, an advisor can help take the lead on managing your biggest financial goals. As you begin your search for a financial partner, consider looking out for these four signs.