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Should You Tap Into Your 401(k) to Pay Off Your Mortgage?

Balancing retirement savings and homeownership is key to financial stability. But if you have a hefty 401(k) and a mortgage balance, you might wonder: should you use your retirement funds to pay off your home loan? ...

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Rising Consumer Debt: How to Safeguard Your Finances

US consumer borrowing has skyrocketed, reaching levels unseen in years. According to the Federal Reserve, consumer credit increased by $40 billion in just one month. This rise, driven by a spike in credit card usage and ...

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LIHEAP: Spring Assistance Program for Low-Income Households Starts

As temperatures rise, the Low-Income Home Energy Assistance Program (LIHEAP) Spring Subsidy Program commences, offering vital support to eligible households across the nation.  “We’re just ...

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Everything You Need to Know about Unemployment Insurance (UI)

Unemployment Insurance (UI) serves as a crucial safety net for individuals who find themselves out of work due to circumstances beyond their control.  In the United States, UI provides financial assistance ...

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Tackling Social Security Cuts: Smart Strategies for Retirees

Retirees facing the possibility of Social Security cuts often grapple with uncertainties about their financial future. With proposals for increased retirement ages and reduced benefits gaining momentum, it is esse...

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What Salary Do You Need to Achieve the Maximum Social Security Benefit?

For millions of older adults, Social Security is a crucial source of income during retirement. And, as per the report by the Transamerica Center for Retirement Studies, 41% of baby boomers expect their ...

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Ensuring Financial Security: A Closer Look at VA Disability Benefits Payment Table 2024

The US Department of Veterans Affairs (VA) recently released the VA disability benefits payment table for 2024, outlining the range of monthly payments veterans can expect based on the s...

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Focus on the Resolution of Backlog in Benefits for Low-Income New Yorkers

New York City has reached a significant milestone in resolving backlogs in government programs that provide food and cash assistance to low-income residents. Mayor Eric Adams announced on Monday th...

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Two Rivers' LIHEAP Program Continues to Offer Assistance Ahead of Spring and Summer

As the spring season approaches, the Two Rivers Regional Council of Public Officials is reminding residents about their valuable assistance programs, particularly the Low-Income Home Energ...

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Programs to Ease the Burden of High Medical Bills

Inflation has not spared the healthcare industry—lending much-needed attention to the growing challenge of high medical bills. A recent study by the Kaiser Family Foundation (KFF) revealed that almost half of all ...

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