Education Center

The Social Security Administration and the Centers for Medicare and Medicaid Services recently announced important figures for 2026. From the cost-of-living adjustments to a hike in Medicare premiums, Social Security beneficiaries will see a few changes.

Every year, the IRS adjusts various retirement plan limits to account for inflation. The most common retirement plans include qualified plans, such as 401(k)s, IRAs, and SIMPLE plans for small businesses. These adjustments include changes to contribution limits, phaseout ranges, and other modifications.

Understanding how Medicare changes every year can help you determine whether Original Medicare or a specific Medicare Advantage plan is right for you. Medical costs are increasing each year, and several factors contribute to this trend.

This is the third post in my series reviewing the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025. In this post, I'll highlight provisions including "Trump Accounts" for kids, expanded uses of 529 plans, and updates to the estate tax exemption. It's important to know what exactly has changed, why this matters, and how it could impact your financial situation.