Survivorship life insurance may be a cost-effective coverage solution for older couples or business partners.

Beneficiaries who postpone claiming Social Security past full retirement age have the option of receiving a lump-sum payment for up to six months of benefits when they finally apply.

The One Big Beautiful Bill Act did not change the rules for taxing Social Security benefits, but it did create a new deduction for seniors that could help reduce their tax burden.

Even small online purchases that are shipped from outside the United States must now pass through customs - and are likely to incur duties.