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IRA Contribution Limits for 2022 10/23/2022 08:00pm • Retirement savers will be able to defer paying income tax on up to $6,500 in an individual retirement account in 2023, $500 more than in 2022. Workers with higher incomes will also be eligible to save for retirement in traditional and Roth IRAs and qualify for the saver's tax credit. Here are the IR Pelosi 'very confident' about Democrats' midterm chances 10/23/2022 12:42pm • ▶ Watch Video: Pelosi "very confident" about Democrats' midterm chances as races enter home stretch House Speaker Nancy Pelosi expressed optimism Sunday that Democrats will maintain control of the House in November even as momentum appears to be building behind Republican candidates in 'Woman, life, freedom': Thousands join Iranian solidarity march in DC 10/22/2022 11:39pm • For the fifth weekend in a row, the streets of the nation’s capital echoed with a simple plea from Iranian Americans: “Woman, life, freedom.” Thousands marched from the National Mall to the White House on Saturday evening, part of an international wave of protests following the de What Happens If You Work While Receiving Social Security 10/20/2022 08:00pm • Picking up a part-time job in retirement is an easy way to improve your retirement lifestyle. But before starting a retirement job, you'll want to run the numbers to see how your Social Security benefits might change. If you start a new job after you begin receiving Social Security benefits, the pay Key Documents That Advisors Use for Client Plans 10/20/2022 08:00pm • In a recent LinkedIn poll by chartered financial analyst Sara Grillo, 39% of 221 respondents felt the best time for clients to bring in documents is after the first meeting with a financial advisor. This gives the client an opportunity to size up the advisor and vice versa before revealing their fin Cellphones in School: What to Know 10/19/2022 08:00pm • As smartphones have become ubiquitous among teens, schools have increasingly had to wrestle with the problem of managing their use in class. While some educators feel there's a place for smartphones in the classroom, others see them as a distraction and source of cyberbullying. And research indicate Retirement Destinations Overseas With Excellent Health Care 10/19/2022 08:00pm • Retiring overseas can enhance your quality of life by exposing you to enriching cultural experiences and lowering your cost of living. Becoming a resident of another country can also help you gain access to excellent health care. In many countries throughout the world, health care is more affordable Why Gen Z is Saving More for Retirement 10/18/2022 08:00pm • Gen Z is saving more than previous generations, according to a 2022 BlackRock retirement survey. This group had an average savings rate of 14%, compared to the 12% savings rate reported by millennials, Gen X and boomers. A number of factors could be driving Gen Z to save for the future, including an What Is Universal Basic Income? 10/18/2022 08:00pm • When the COVID-19 pandemic shut down businesses and sent workers home, the government stepped in with stimulus payments that were intended to keep families afloat financially during an unprecedented time. Those payments are a thing of the past, but some have advocated for the government to continue 7 Steps Clients Should Take When a Loved One Dies 10/17/2022 08:00pm • When clients lose a loved one, financial advisors can be there for them in various ways. They might offer condolences and send flowers, but they can also help clients navigate this trying time financially. The grieving process often occurs alongside a number of tough and occasionally overwhelming ta Maryland nonprofit helps transgender people navigate name-change process 10/17/2022 07:41am • This is part of WTOP���s continuing coverage of people making a difference from our community authored by Stephanie Gaines-Bryant. Read more of that coverage. ���What���s in a name?��� William Shakespeare used the line in his play "Romeo and Juliet." A name can make a big difference in the life o Fairfax County welcomes the Reston���s new Lake Anne House for low-income seniors 10/15/2022 08:25am • This article was written by WTOP���s news partner��InsideNoVa.com��and republished with permission. Sign up for��InsideNoVa.com���s free email subscription��today. Lake Anne House includes 56 studios, 178 one-bedroom and six two-bedroom apartments. Residents have access to a wellness clinic, fit Medicare Basics: Medicare Coverage Guide 2023 10/12/2022 08:00pm • Medicare is the federal government's health insurance program for people aged 65 or older; younger people with disabilities; people with Lou Gehrig's disease, also called amyotrophic lateral sclerosis or ALS, and people with end-stage renal disease (permanent kidney failure requiring dialysis or tra Why Seniors Are Getting a Large Social Security COLA in 2023 10/11/2022 08:00pm • Each October, the Social Security Administration announces the cost-of-living adjustment for Social Security benefits for the following year. The COLA is tied to the rate of inflation. With 40-year highs in price increases, the 2023 Social Security COLA aims to help retirees continue to pay for high How to Become a Financial Advisor at 40 10/11/2022 08:00pm • Did you want to be a doctor when you were growing up? That's one of the top career aspirations of all children. Boys especially aspire to be professional athletes, while girls aim to be teachers. For all children, veterinarians, musicians and movie stars are tantalizing opportunities, too. However,