In recent years, a significant transformation has occurred in the domain of philanthropy, particularly among younger generations. Wealthy millennials and members of Generation Z are moving beyond traditional notions of charitable giving, embracing a more engaged and activist stance towards philanthropy. A study conducted by Bank of America Private Bank underscores this shift, revealing that
As the clock ticks down to the announcement of the 2025 Social Security cost-of-living adjustment (COLA), beneficiaries may find themselves bracing for a less-than-encouraging increase. Recent projections suggest a COLA of approximately 2.5%, which could denote the smallest uptick in benefits since 2021. While this increment represents a nominal boost, it pales in comparison to