3 Social Security Changes Coming in 2025 | Taxes on Groceries? | Highest Paying Jobs You Don’t Need a Degree to Get

Three Important Changes Coming for Social Security in 2025 | Fun Things to Do in Retirement With Added Tax Benefits | Does Your State Tax Groceries? Created for {EMAIL} | [Web Version]( September 3, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [SIGN UP](format=multipart) ⋅ [WEBSITE]( [] Top Story [] [Three Important Changes Coming for Social Security in 2025]( [Three Important Changes Coming for Social Security in 2025]( (Getty Images) It’s not too early to start making plans for 2025. While the Social Security Administration hasn’t made certain final announcements yet, there are key changes we already know we can expect coming for Social Security next year. [These three important Social Security adjustments]( will matter whether you’re already taking Social Security checks or thinking about when to start. [] Retirement [] [Fun Things to Do in Retirement With Added Tax Benefits]( [Fun Things to Do in Retirement With Added Tax Benefits]( (Getty Images) After the first few months, maybe retirement had you questioning. What should I do every day? Where do I go to have fun? Who knew I’d have so much free time on my hands? And all the while, it feels like your tax bill is too high. Fortunately, there are some ways to keep busy and stop boredom in retirement while saving a little on your taxes. Here are [five ideas to get you started](. [Savings Accounts Paying up to 10x the National Average]( Start reaping the benefits of High Yield Savings. Lock in your rate now: Open an account online here. [READ MORE]( ADVERTISEMENT [] State Tax [] [Does Your State Tax Groceries?]( [Does Your State Tax Groceries?]( (Getty Images) Americans have been feeling the pain of inflation at the grocery store in recent years. Adding the feeling of insult to injury? Taxes. In some areas, the sales tax on groceries soars above 10%, meaning families spend more than $10 on sales tax for every $100 of groceries they buy. The Kiplinger tax team [took a look at the states that tax groceries](, with details on how those taxes work. [] Personal Finance [] [How to Plan Ahead After a Loved One's Dementia Diagnosis]( [How to Plan Ahead After a Loved One's Dementia Diagnosis]( (Getty Images) Alzheimer’s, perhaps the most well-known form of dementia is expected to impact 13 million people worldwide by 2050, and a new case occurs every three seconds. If a loved one was recently diagnosed, you’re not alone. You’ve probably had many thoughts and questions since the diagnosis, none of them easy. With that in mind, Douglas A. Rothermich put together [this action plan to use after a dementia diagnosis](, looking at financial planning, medical considerations and home safety. [Boost Your Wealth with Private Markets]( There’s more to retirement planning than meets the eye. Private markets hold untapped potential that could enhance your financial strategy. Find out how these opportunities can help you achieve a more robust retirement. [LEARN MORE]( ADVERTISEMENT [] College [] [The 20 Highest-Paying Jobs You Can Get – Without a Degree]( Some professions, like medical and healthcare providers, lawyers, teachers, nuclear engineers, require a degree (or degrees). However, some underrepresented career fields welcome applicants who never attended college or didn’t graduate with a four-year degree – and some of these careers pay very well. Whether a young person in your life is taking a gap year, entering the workforce or living in a dorm for the first time this fall, these high-paying jobs you don’t need a degree for could be inspiration. [Read More]( [] Financial Planning [] [Nine Ways to Jump-Start Your Teenager's Financial Future]( So you want your teen to eventually get a high-paying career – with or without a college degree. Or maybe you want them to follow their passions without struggling, become a day-trading whiz, or simply save enough for a down payment before they’re 30. The power of compounding works with education, too: Insights or experience you can give them now will grow to help them with their own finances as adults. Here, members of the Kiplinger Advisor Collective share nine ways to jump-start your teenager’s financial future. [Read More]( [This Billion Dollar Startup Wants to Help You Retire]( This Princeton grad's startup raised $161 million to help people plan for retirement. If you're one of the whopping 110 million Americans over the age of 50, or wisely planning ahead, SmartAsset's no-cost tool can help match you with up to 3 vetted financial advisors. [LEARN MORE]( ADVERTISEMENT ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. 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