Here's How Much Money Social Security Needs to Avoid Benefit Cuts in 2035
Social Security only has nine years left until it becomes insolvent, and in light of the Social Security Fairness Act's recent passage, that might be too optimistic. The program is staying afloat by draining money from its trust funds,
2 Social Security changes that could hurt you financially, if you're still working
One positive aspect of Social Security is that the program is set up to adapt to economic changes. Each year, for example, Social Security benefits are eligible for an automatic cost-of-living adjustment.
The New Social Security Law May Boost Your Benefits—What One Expert Wants You To Know
Investopedia spoke with Isabel Barrow at Edelman Financial Engines to discuss the changes the new Social Security Fairness Law will bring and the impact it could have on retirees.
Here's Exactly How the 2025 Social Security COLA Affected Retirement Benefits
This is intended to help seniors and other Social Security recipients keep up with inflation and is based on Consumer Price Index (CPI) data from the third quarter of 2024. While the 2.5% COLA isn't exactly news at this point,
How Much Could Trump’s Social Security Pick Impact Your Benefits? What to Expect in 2025
President Donald Trump has tapped businessman Frank Bisignano as the Social Security Commissioner. What could that mean for you?
Social Security clarifies maximum amounts this 2025
Navigating the complexities of Social Security benefits can be challenging, especially if you plan to continue working after retirement. Understanding how your earnings impact your benefits is crucial to making informed financial decisions.
Here's the Average Social Security Benefit at Ages 62, 66, and 70
Regardless of whether you have just entered the labor force or left it a long time ago, there's a high probability you'll rely on your Social Security check, in some capacity, to
41 States That Won’t Tax Social Security Benefits in 2025
Social Security plays a big role in many Americans' retirement security. In fact, 40% of Americans ages 65 and older rely on Social Security for at least half their income, according to the AARP.
Social Security February direct payment worth $967 goes out in four days
February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in four days. The ...
CNET on MSN19h
Social Security Fairness Act: Will You Qualify for Back Payments?
The Social Security Fairness Act repeals two provisions that will give qualifying individuals more money and potential back ...
Liz Weston: Government pension offset changes to Social Security are coming, but will take time
Those who applied for Social Security and were denied due to government pension offset rule or windfall elimination provision ...
How And Why I Delayed My Social Security Until Age 70
We carefully adjusted our living expenses so that we could be satisfied with less income compared to our working years. It ...
2 Little-Known Social Security Rules Everyone Needs to Know by the Time They Reach 62
Your full retirement age depends on when you were born. Those born between 1943 and 1954 reached full retirement age at 66.
What you need to know about Social Security changes
Millions of retired Americans are set to benefit, but there are concerns the program could run out of funds sooner.
I’m 63 and tried claiming Social Security early, but it was declined because I’m still working. Is that allowed?
Dear Help Me Retire, I am 63 and decided I want to go ahead and start drawing my Social Security retirement benefits. I am ...
Social Security's Early 2026 Cost-of-Living Adjustment (COLA) Projection Is In -- and It's a Good News/Bad News Scenario for Retirees
For instance, let's hypothetically say the collective price for a large basket of goods and services regularly purchased by ...