Sheryl McCarthy 
Welcoming a baby should be a joyful chapter, but many parents in the United States quickly realize that the logistics of time off are anything but simple. Between insurance forms, state programs, and HR policies, the path to financial stability during leave can feel overwhelming. Two programs appear most often in the conversation: Paid Family … Read more
If you’re a freelancer or gig worker in most countries, you’re not automatically entitled to paid maternity leave, but you do have options if you plan. These options usually come from three main sources: government social insurance programs, private income protection or disability insurance, and self-funded savings. Unlike employees with a fixed payroll contract, you … Read more
Are 401(k) plans still an effective way to save for retirement today and for the next generation? Let’s get right into the numbers. According to the Bureau of Labor Statistics, about 68% of private industry workers in the U.S. had access to a retirement plan in 2023, but only 51% participated. Even for those who … Read more
Cost-of-Living Adjustments (COLA) play a crucial role in safeguarding the financial stability of retirees. They exist to counteract inflation, ensuring that Social Security benefits retain their buying power over time. For many individuals, this minor percentage shift determines whether monthly expenses can be met without dipping into savings or facing financial hardship. More than 50 … Read more
Supplemental Security Income (SSI) helps low-income individuals who are aged, blind, or disabled meet basic living costs. It provides monthly payments to support recipients with minimal income and limited resources. Knowing how much you can earn in 2025 without losing eligibility is crucial. Missteps with income reporting or misunderstanding limits can reduce your benefits or … Read more
Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) exist to support individuals with limited income or qualifying disabilities. Both programs operate under strict reporting requirements set by the Social Security Administration (SSA). Individuals must disclose income and significant life changes to remain eligible. Compliance helps prevent overpayments, fines, and legal consequences. What Income … Read more
A representative payee is a person or organization appointed to manage Social Security or Supplemental Security Income (SSI) benefits for someone who cannot manage their finances. It can also include minors and adults dealing with substance use disorders who are considered incapable of handling funds responsibly. The purpose of appointing a representative payee is to … Read more
Navigating the Social Security Disability application process can feel like an uphill battle. Many applicants face long waits, complex paperwork, and frustrating denials, even when their conditions are severe. Confusion often sets in early, especially as people try to figure out if they have a realistic shot at getting approved. Every year, thousands of claims … Read more
In the U.S., policies vary a lot. Some places offer 6 to 12 weeks of unpaid leave, while others have paid options. Meanwhile, in Canada, moms can take up to 18 months off with different levels of pay. Quite the difference, right? Getting back to work after maternity leave isn’t just about logistics—it’s an emotional … Read more
Thinking about dipping into your 401(k) for a loan? It’s super important to get a grip on the interest rates involved. Good news: 401(k) loans usually come with lower interest rates than personal loans or credit cards. Plus, the interest you pay? It goes right back into your retirement account, which can help boost your … Read more