As you approach your golden years, healthcare planning becomes increasingly important—and often more financially challenging. While traditional Medicare offers a basic level of coverage starting at age 65, it doesn't cover everything. This leads many people to consider options such as Medicare Advantage or supplemental health insurance (known as Medigap) to reduce their out-of-pocket expenses.

But if you're new to Medicare, how do you determine which option is best for you?

For the last several months, economists have debated whether a U.S. recession is imminent and if so, when it will take hold of the economy. Meanwhile, investors anxiously anticipate what an economic downturn may mean for their portfolios.

Merging lives with a partner or spouse can be both challenging and rewarding. Yet few aspects of this process are as complex as deciding whether to combine finances—and if so, how.

Indeed, sharing a financial life with another person offers a variety of joys and benefits, such as collaboration, mutual support, and shared financial goals. But it can also lead to misunderstandings, resentment, and in extreme cases, divorce.

Although tax season is behind us, you may still be feeling the sting of an unexpectedly high tax liability. If you were caught off guard this year, now can be a great time to take steps to proactively reduce next year’s tax bill.

Indeed, most people tend to wait until year-end to implement tax savings strategies. However, by making smart money moves now, you can avoid the last-minute rush and ensure you’re financially prepared for next tax season. 

July tends to be a significant month for all Americans, as it marks the annual celebration of our nation's independence. However, it also plays host to a lesser-known event—National Financial Freedom Day, which takes place on the first of the month. Both occasions pay tribute to a common thread: the pursuit of freedom.

April is National Social Security Month. With the future of Social Security in question, financial planning will become increasingly important for those seeking a secure retirement.