Social Security announces 1.6 percent benefit increase for 2020

Social Security and Supplemental Security Income (SSI) benefits for nearly 69 million Americans will increase 1.6 percent in 2020, the Social Security Administration recently...
Subscribing to one of the less-than-perfect food companies offers you the opportunity to both save money and help reduce food waste.

Save on groceries by buying less-than-perfect foods

By Nance Ebert, Contributing Writer REGION - Going to the grocery store, especially over the past year of high inflation, has created a lot of...
“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...
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...
Because Massachusetts is not a community property state, when a married resident of the state dies, their spouse does not owe their debts.

What happens to your debt when you die?

By Nance Ebert, Contributing Writer REGION - When people think about planning for their eventual demise, the focus is usually on assets. But what about...
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...
Your chances statistically of being audited by the IRS are not likely―roughly 0.3% or 3 in 1,000.

Should you worry about being audited by the IRS?

By David Wilkening, Contributing Writer REGION – Being audited by the IRS is high on the list of things that many Americans dread.  It’s a fearsome...
Mike Festa

Thrifty Thursdays – AARP’s fall financial series

By Mike Festa, State Director AARP Massachusetts AARP is working to ensure you have a brighter and more secure financial future. We provide free tools...
Setbacks in the stock market during a recession are usually temporary, so investors should stick to their long-term plans and not pull money out of the market.

What you can do if inflation leads to a recession

By David Wilkening, Contributing Writer REGION - Inflation is on the minds of just about everyone these days. But could it get even worse? Is...

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...