Amid the July 4th fanfare, a new tax-advantaged investment account officially launched: the 530A account, also known as a Trump Account, which is designed to help children get a head start on their financial future. Parents (or other authorized representatives) have been able to apply since December 2025. By mid-June, more than six million accounts […]
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Who Owns America’s $39 Trillion National Debt?
America has accomplished incredible things throughout its 250-year history, but debt is also part of its story. Today, the United States has the highest national government debt in the world. This graphic shows who holds U.S. debt, from domestic investors and foreign governments to the Federal Reserve and internal trust funds. Breaking down who holds […]
Read MoreSocial Security and Medicare: Planning for Future Changes
A recent survey showed that only about half of workers and 6 in 10 retirees are confident that Social Security and Medicare will provide the same value in the future.1 That’s not surprising. For years, detailed annual reports released by the Trustees of the Social Security and Medicare trust funds have warned that the trust funds […]
Read MoreMidyear Tax Checkup: Steps to Help Reduce Your Tax Liability
With the tax season a distant memory and summer already here, you have probably stopped thinking about taxes and are busy planning your annual vacation; however, midyear is also a good time for a tax checkup. With time left before 2026 ends, you still have a window to identify and address any tax issues or […]
Read MoreFederal Student Loan Changes for 2026-2027
Every May, interest rates on federal student loans are recalculated for the upcoming school year. The rates are determined by combining the yield on the 10-year U.S. Treasury note with an additional fixed amount set by Congress. Based on this formula, interest rates on federal student loans are set to increase slightly for the 2026–2027 […]
Read MoreEmployer Beliefs vs Worker Reality in Today’s Workplace
Employer beliefs vs worker reality can differ significantly when it comes to the financial and workplace challenges employees face today. A recent survey by Transamerica Institute found that many workers are struggling with inflation, caregiving responsibilities, financial stress, and changing job requirements, while employers may underestimate the extent of these pressures and their impact on […]
Read MoreMidyear Retirement Savings Checkup: Are You Contributing Enough?
A midyear retirement savings checkup is a great opportunity to review your workplace retirement plan contributions and determine whether you can save more before the end of 2026. Even small increases to your 401(k), 403(b), or 457(b) contributions may help strengthen your long-term retirement goals while allowing you to take full advantage of employer matching […]
Read MoreDOL Proposes New Rule for Alternative Assets in 401(k) Plans
The U.S. Department of Labor (DOL) has proposed a new rule to clarify the steps employers should take when deciding whether to include investments that hold alternative assets in their 401(k) plans. Alternative assets include private equity, private credit, digital assets, and other investments typically reserved for high-net-worth and institutional investors, such as college endowments […]
Read MoreTariff Update 2026: Supreme Court Blocks Key Tariffs
Starting in early 2025, President Trump issued executive orders to impose tariffs on goods from nearly all trading partners under the International Emergency Economic Powers Act (IEEPA), as well as targeting industries seen as critical to national security with Section 232 of the Trade Expansion Act. Tariffs are taxes on imported goods, which the administration […]
Read MoreBill Seeks to Fix Roth Rollover Glitch
In late 2025, lawmakers in both the House and Senate reintroduced legislation to help ensure that retirement plan participants with low balances don’t lose track of their savings during a job change. The new bipartisan legislation (Retirement Rollover Flexibility Act) aims to correct this issue by improving portability for Roth assets and helping employees keep […]
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