Social Security Taxes Jump for Wealthy, How to Save on Cruises, Is Unequal Inheritance Better?

I-Bonds: Pros and Cons of Investing | An 'Equal' Inheritance for All the Kids Doesn't Always Work | Wealthy Americans to Pay More in Social Security Taxes Created for {EMAIL} | [Web Version]( January 8, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Youtube]( [Instagram]( [Retirement Tips]( [SIGN UP]( ⋅ [WEBSITE]( [] Investing [] [I-Bonds: Pros and Cons of Investing]( [I-Bonds: Pros and Cons of Investing]( (Getty Images) During [high-inflation periods](, it can be a real challenge to find safe investments that will pay off without lagging the economy horribly. This is where Series I savings bonds come in. ValueWalk CEO Jacob Wolinsky shares important [things to learn before buying I-bonds](. [] Estate Planning [] [An 'Equal' Inheritance for All the Kids Doesn't Always Work]( [An 'Equal' Inheritance for All the Kids Doesn't Always Work]( (Getty Images) While most people assume that children should inherit equally, many clients contemplate [treating children differently]( for various reasons. Trusts and estates expert Tracy A. Craig shares situations where an equal [inheritance]( might not be appropriate. [A Small Cap Biotech With a $9.00 Price Target.]( The biotech arena is home to giants like Merck and Pfizer, but it's also home to many emerging companies that offer tremendous upside potential. One company in particular has been making waves in headlines recently after reporting a blowout third quarter and getting a nearly $10 price target from Zacks Small Cap Research! [LEARN MORE]( ADVERTISEMENT [] Social Security [] [Wealthy Americans to Pay More in Social Security Taxes]( [Wealthy Americans to Pay More in Social Security Taxes]( (Getty Images) The Social Security tax on each paycheck stops once your income reaches a certain amount. Along with a [3.2% cost-of-living increase](, the Social Security Administration (SSA) announced a sizable [increase in the 2024 wage base](, leading to higher taxes for wealthy taxpayers. [] Retirement Accounts [] [What You Need to Know About RMDs for 2024]( [What You Need to Know About RMDs for 2024]( (Getty Images) Seniors who are already taking [required minimum distributions]( (RMDs) from IRAs and other retirement plan accounts should plan for these higher distributions than 2023. Chris Gulotti, CFP, explains that while [calculating RMDs may seem mysterious](, the method is rather simple. [The Hottest Biotech Stock For 2024?]( The biotech arena is home to giants like Merck and Pfizer, but it's also home to many emerging companies that offer tremendous upside potential. One company in particular has been making waves in headlines recently after reporting a blowout third quarter and getting a nearly $10 price target from Zacks Small Cap Research! [LEARN MORE]( ADVERTISEMENT Featured Content Sponsored Content from Kiplinger Retirement Planning 2024 [Plan and enjoy a worry-free retirement.]( Whether you've already left the workforce or you're just beginning to think about it, [Kiplinger Retirement Planning 2024]( will show you how to maximize your 401(k), select top-performing investments, get the most from Social Security, protect your estate, ensure affordable top-notch health care and much more. [Click to see table of contents.]( [] Travel [] [How to Save on Booking a Cruise]( [How to Save on Booking a Cruise]( (Getty Images) Cruises can be a [great way for extended families to enjoy time together](. And if you book a cruise strategically, perhaps with travel rewards cards, you can save money and get extra perks. Kiplinger editors have found [three methods for saving money on cruises](. [This Biotech Stock Is Shocking The Industry]( The biotech arena is home to giants like Merck and Pfizer, but it's also home to many emerging companies that offer tremendous upside potential. One company in particular has been making waves in headlines recently after reporting a blowout third quarter and getting a nearly $10 price target from Zacks Small Cap Research! [LEARN MORE]( ADVERTISEMENT [] Household Bills [] [Electric Heat vs Gas Heat: Which Is Cheaper?]( [Electric Heat vs Gas Heat: Which Is Cheaper?]( (Getty Images) With [energy bills]( putting a crunch on the U.S. this winter, comparing the costs of electric heat vs gas heat can be an important decision for homeowners looking to save money. Here's how to calculate [which heating system will hit your bottom line harder](. ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. 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