September's CPI at 2.4%, still a bit above the target but moving in the right direction. However, mortgage rates are climbing again, hitting 6.54% for a 30-year fixed, thanks to higher Treasury yields and a cautious Fed. On the brighter side, Social Security benefits will rise by 2.5% in 2025.
November 26, 2024 at 7:07 PM
September's CPI at 2.4%, still a bit above the target but moving in the right direction. However, mortgage rates are climbing again, hitting 6.54% for a 30-year fixed, thanks to higher Treasury yields and a cautious Fed. On the brighter side, Social Security benefits will rise by 2.5% in 2025.
Contributing to a retirement account (like an IRA or 401(k)) before December 31 can lower your taxable income. If you’re self-employed, consider a SEP IRA to take advantage of higher contribution limits. Every bit saved now is money that compounds later!
October 25, 2024 at 7:46 PM
Contributing to a retirement account (like an IRA or 401(k)) before December 31 can lower your taxable income. If you’re self-employed, consider a SEP IRA to take advantage of higher contribution limits. Every bit saved now is money that compounds later!