Tim Steffen News Today

Record high inflation prompted bigger annual increases to Social Security benefits. But that also may come with bigger tax bills.

The IRS is expecting more than 146 million individual tax returns as the filing season kicks off.

A SEP IRA is a tax-deferred retirement plan for anyone who is self-employed, owns a business, employs others, or earns freelance income. Here's everything you need to know.

Social Security retirement beneficiaries stand to receive a cost-of-living adjustment in 2024. Other factors may also affect the size of their benefit income.

Social Security retirement beneficiaries stand to receive a cost-of-living adjustment in 2024. Other factors may also affect the size of their benefit income.

Social Security retirement beneficiaries stand to receive a cost-of-living adjustment in 2024. Other factors may also affect the size of their benefit income.

Social Security retirement beneficiaries stand to receive a cost-of-living adjustment in 2024. Other factors may also affect the size of their benefit income.

Social Security retirement beneficiaries stand to receive a cost-of-living adjustment in 2024. Other factors may also affect the size of their benefit income.

Social Security retirement beneficiaries stand to receive a cost-of-living adjustment in 2024. Other factors may also affect the size of their benefit income.

Want to keep working, just not as hard? A phased retirement may just be the answer.