Young adults share insights on early money lessons, discussing childhood exposure, first job experiences, family dynamics, financial independence, and growth challenges.

Can You Deduct Buying Back Years of Service on Your Pension? Ask The Hammer: In this episode of Ask The Hammer, Jeffrey Levine from Buckingham dives into whether buying back years of service on a state retirement plan qualifies for a tax deduction.

What is Dollar Cost Averaging? Investment Strategy Revealed. In this FinStream TV personal finance video, we answer the question: “What is Dollar Cost Averaging?” Dollar-cost averaging (DCA) is an investment strategy where an individual consistently invests a fixed amount of money into a particular investment, such as stocks or mutual funds, at regular intervals, regardless of the asset’s price.

In this interview CJ Miller, a financial planner with Sensible Money, explores the challenges of concentrated stock positions in retirement planning and offers strategies for managing the risk.

Federal Employee Health Benefits and Medicare: In this video, Jae Oh, author of Maximize Your Medicare, discusses the coordination of federal employee health benefit plans (FEHB) with Medicare and the considerations for enrollment decisions. It highlights the complexity of FEHB options and the rules regarding enrollment and switching plans. The similarities and differences between FEHB and Medicare are explored, including the availability of Medicare Advantage plans within FEHB. The cost of FEHB compared to the private market is also mentioned. Prescription drug coverage is included in most Medicare Advantage plans within FEHB. The importance of location in determining FEHB costs is emphasized, as well as the possibility of suspending FEHB benefits.

Can I convert 403b plans to an inherited Roth IRA? In this episode of Ask The Hammer, a reader asked: I have three inherited retirement plans, two of which are 403(b) plans. I’ve had them for three years now. Can I still convert them to an inherited Roth IRA? Is it the same method as converting an IRA to a Roth IRA?

Top countries with aging populations: Listed. Countries With the Most Older People. Our graying world – dependency ratio on the rise. The number of elderly people worldwide is ballooning, placing a strain on working populations. The old-age dependency ratio, which compares those over 64 to working-age adults (15-64), has spiked in many countries.

What Women Can Do To Overcome Financial Insecurity Fears: A recent study from the Nationwide Retirement Institute shows that one in four women in the workplace fear they are on the wrong track for retirement. Cathy Marasco, the head of protected retirement at Nationwide, offers advice on solutions including how women can best prepare for retirement, and what women can do if they divorce or are widowed.

A Beginners Journey Into Financial Security: In this video and in the article below, Zach Carter, a college student at Quinnipiac University, researches the best path to saving money, shifting his mindset away from rash […]

Should I enroll in Medicare if I still work full time past 65? Should You Stay on Employer Insurance or Switch to Medicare After 65? Confused about Medicare and employer insurance after age 65? In this video, Jae Oh, author of Maximize Your Medicare, explores the factors to consider when making this important decision; Should you stay on Employer Insurance or switch to Medicare after 65?