Here's when Social Security payments with 2023 COLA increase will arrive

Millions of Social Security recipients will start getting an 8.7% boost in their benefits this month. The payment date depends on the recipient's birthday.

Here's all of FOX 5 DC's 2022 recap stories and a few looks ahead to 2023

Over the past few weeks, we've assembled a bunch of great stories to help you look back on 2022, the year that was, and think ahead to 2023. These are just a few of them.

Virginia minimum wage to increase to $12 starting Jan. 1; DC's Initiative 82 going into effect in 2023

The minimum wage in Virginia will increase to $12 an hour on Jan. 1, and D.C.'s recently passed Initiative 82 will go into effect in 2023, raising the minimum wage for tipped workers to $6 an hour.

Nearly half of workers don't have a 401(k): Here's how you can start saving

Nearly half of private sector workers don’t have access to a 401(k) at work, but you can open an IRA and take other steps to save for retirement.

Mega Millions climbs to $640 million after no Tuesday winner

There were some second-prize winners on Tuesday night, officials said. Here were the numbers drawn and details about the next big jackpot drawing.

The 5 most tax-friendly states for retirement in 2023

With inflation hovering near a 40-year high, more retirees are looking to make a move to cut costs. Here are the most tax-friendly states in the U.S. for 2023.

Man wins $1M lottery prize while getting gas for wife

Christian Kalil of Massachusetts chose the annuity option and will receive 20 annual payments of $50,000 before taxes.

New year's financial resolutions: Americans plan to take caution in 2023

New Year’s financial resolutions include saving more money and paying down debt, according to a survey by Fidelity Investments. Here’s how to keep your finances on track in 2023.

Secure 2.0: How the new spending bill could affect your retirement

The retirement savings measure labeled Secure 2.0 would reset how people enroll in retirement plans. Here's how it works.