Key Takeaways To prepare your finances for retirement, consider stashing more money in cash and fixed-income to avoid touching your nest egg if a bear market occurs. If ...
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Decades in the making, the legislation would eliminate a provision that reduces Social Security payments to some retirees who also collect a pension from jobs that aren’t covered ...
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Comments Off on The Social Security Fairness Act is now in the hands of the Senate. Here’s what could happen next.
Social Security remains one of the most reliable income sources for retirees, so it’s important to consider strategies that help make the most of it. Making smart choices around ...
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A new glimpse into how middle-class people in the U.S. think about retirement is revealing some startling views about how long they expect to live and to work. ...
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Comments Off on MoneyWatch The new middle-class retirement plan: Working into old age
For many people, retirement planning is all about money: how to invest, how much to save, when to claim Social Security, how to best withdraw from accounts. Finances in retirement are an acute fear. ...
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Comments Off on This retirement planning gap is ‘hidden in plain sight,’ Harvard professor says
n expert has predicted a drop in the Cost of Living Adjustment (COLA) for Social Security benefits in 2025. Mary Johnson, an independent Social Security and Medicare analyst, has said ...
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Comments Off on Social Security 2025 COLA Update as Seniors Get Grim News
WASHINGTON — A new budget by a large and influential group of House Republicans calls for raising the Social Security retirement age for future retirees and restructuring Medicare. ...
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Comments Off on House Republican budget calls for raising the retirement age for Social Security
It looks like we had better ramp up our 401(k) and IRA contributions to the absolute max while we still can, folks. That means a full $30,000 this ...
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Comments Off on To save Social Security, they may come for your 401(k)
Asmall group of lawmakers wants to eliminate taxes on Social Security benefits as part of a proposal they claim could help fund the flagging program. Rep. Angie Craig, ...
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Comments Off on A New Bill Aims to Fix Social Security by Eliminating Taxes on Benefits
The earliest most people can apply for Social Security benefits is 62. You can apply for survivor benefits at age 60 and not married. Whenever you apply for ...
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