The Social Security Administration (SSA) is a cornerstone for over 64 million retirees in the United States, ensuring their ...
Social Security and Medicare are slowly running out of money, but what does that mean for the retirees counting on them?
The average 65-year-old retiree collects around $1,563 per month in benefits, according to December 2023 data from the Social Security Administration. That's substantially lower than the $2,038 ...
The new Social Security Fairness Act was just signed into law by President Biden. What is the Act and how could it impact ...
According to a recent research report by Morningstar, 45% — yes, almost half — of Americans most likely won’t have enough ...
In 2024, the life expectancy for someone born in 1959 was 74 for men and 80.1 for women, according to a Social Security ...
A half-dozen changes, concerning everything from Social Security checks to the payroll tax select workers will owe, are now ...
It’s not a given that you won’t be able to retire on Social Security alone. A recent Gallup poll found that 23% of retirees ...
Almost 20% of Americans 65 and older are ... even well past the age many workers have typically been considered less ...
People who are over 65 or blind can claim an additional $1,600 per person for their standard deduction ($2,000 for unmarried people over age 65 ... Jan. 1: New IRA, retirement plan, and HSA ...
For most people, waiting until age 70 will be the best move-- if you can manage to do so. It's also smart to work on setting up multiple income streams for your retirement-- perhaps with sources ...