This year I'm claiming the Social Security benefits that I've earned on my own work record. I'm old enough now to be truly thankful for Social Security, whose future is precisely as certain, as fair, and as bountiful as we decide it will be.
Taxpayers with the same income in 2022 as in 2021 will tend to experience a lower tax rate in 2022 than in 2021 due to automatic inflation adjustments, according to the tax and accountancy experts at Wolters Kluwer.
The proportion of affluent investors who consider themselves predominantly 'advisor-reliant' rose to 42% in 2021 from 37% in 2015, according to the Cerulli Edge-US Retail Investor edition.
The new 'Guaranteed Income Direct' program gives workers the option of purchasing an immediate income annuity, with institutional pricing and offered by an insurer they choose, along with digital tools to help them decide how much to annuitize.
The tool, developed with assistance from Ensight and Insurance Technologies, can compare the hypothetical performance of multiple annuities and the amount of lifetime income they could generate under varying circumstances.