“Retirees are likely to see another sizable increase in their Cost-of-Living Adjustment (COLA) for their Social Security payments in 2023,” due to higher interest rates, says Susan Moore of Moore Financial Advisors in Watertown. Photo/Submitted

Higher interest rates are a double-edged sword

By Sharon Longo, Contributing Writer REGION - Having some money set aside may provide a sense of security, but many people often feel insecure when...
With all the financial considerations of bankruptcy, one other factor is not measured in dollars and cents―the psychological impact.

Should you declare bankruptcy?

By David Wilkening, Contributing Writer REGION - If you’re considering bankruptcy, there are a lot of lawyers in Massachusetts who can help. And many offer...
“For lower-income individuals, I would say annuities might still make sense if they don’t plan to leave a bequest,” says Gal Wettstein, senior research economist for the Boston College Center for Retirement Research.. (Photo/submitted)

Are annuities right for you?

By David Wilkening, Contributing Writer REGION - For decades, people have been buying annuities for a lot of reasons that sounded positive. They are long-term...
When you convert a Traditional IRA to a Roth IRA you pay income tax on the amount of money being converted.

Should you convert to a Roth IRA?

By Nance Ebert, Contributing Writer REGION – For many people there is typically some confusion when it comes to retirement savings plans and how best...
The IRS has announced an ambitious plan for improving its customer service, which gets poor reviews from many taxpayers.

IRS launches ambitious plan to improve customer service

By Debbie Spingarn, Contributing Writer REGION - When Teresa Fern, 52, of Norfolk had her social security number stolen, the IRS (Internal Revenue Service) was...

Reverse mortgages: Frozen in place

By Alain Valles, CRMP, CSA, MS, MBA Nonprofit Charitable Managing Director As Managing Director of the self-funded nonprofit charitable mortgage company, Helping Hands Community Partners, our...
Borrowers over the age of fifty make up almost a quarter of the current debt owed.

Properly managing student loan debt is even more important for older borrowers

By Nance Ebert, Contributing Writer REGION - Student loan debt is a heavy burden for people of all ages. But did you know that borrowers...
The grocery store is one place where the effects of inflation have been felt greatly. Photo/Submitted

Tips on coping with inflation

By David Wilkening, Contributing Writer REGION – Costs are higher when you pump gas, go to the grocery store, and pay for many other necessities....
Alain Valles, CRMP, CSA, MS, MBA

Senior housing options education

By Alain Valles, CRMP, CSA, MS, MBA, Nonprofit Charitable Managing Director Should I stay, or should I go? To move or age in place? If you...
Dennis Sullivan & Associates team

We’re Not In Bedrock and You’re Not with ‘The Flintstones’

By Dennis Sullivan & Associates, Counselors at Law You may recall the popular television show of the 1960’s “The Flintstones” who lived in the town...