Medicare open enrollment may help you cut health-care costs for 2024

Andreswd | E+ | Getty ImagesMedicare beneficiaries have until Dec. 7 to change their Medicare health and prescription drug coverage for the coming year through open annual enrollment.This year, there's even more reason to pay attention, as financial assistance for prescription drug coverage is set to expand starting Jan....

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Investors need to plan for likelihood that worst is yet to come

The floor of the New York Stock Exchange.Spencer Platt | Getty ImagesAugust and September are historically the worst months for stocks. That was the case this year, as the S&P 500 index fell 6.5% over that span.Much of the time, however, the rest of the year can provide a...

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The 60/40 portfolio ‘certainly isn’t dead,’ says senior wealth advisor

Cravetiger | Moment | Getty ImagesThe 60/40 portfolio — a cornerstone strategy for the average investor — has been stressed by the pandemic-era economy and market dynamics.However, "the 60/40 portfolio certainly isn't dead," Holly Newman Kroft, managing director and senior wealth advisor at asset manager Neuberger Berman, said Thursday...

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Social Security announces 3.2% cost-of-living adjustment

Jozef Polc / 500Px | 500Px Plus | Getty ImagesSocial Security beneficiaries will see a 3.2% boost to their benefits in 2024, the Social Security Administration announced on Thursday. The annual cost-of-living adjustment for 2024 will affect more than 71 million Social Security and Supplemental Security Income beneficiaries. These...

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Immigration reform could be the answer to the falling U.S. birth rate

Demonstrators call for immigration reform near the White House on Feb. 14, 2022.Nicholas Kamm | AFP | Getty ImagesAs the U.S. fertility rate continues to fall, there are growing concerns about the long-term economic impact: A smaller population means less tax revenue, which could reduce funding for programs such...

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