Social Security

Social Security

Advisors Contributors Retirement Social Security

House Republican budget calls for raising the retirement age for Social Security

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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Contributors Featured Retirement Social Security Taxes

To save Social Security, they may come for your 401(k)

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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Contributors Featured Income Retirement Social Security Taxes

A New Bill Aims to Fix Social Security by Eliminating Taxes on Benefits

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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Contributors Featured Income Social Security

Social Security – Beware The Annual Earnings Limitation

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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Contributors Featured Income Retirement Social Security US

Seven Factors to Consider Before Choosing a Goal Age to Collect Social Security

An important player in your overall retirement plan, Social Security can help fund your living expenses when you’re no longer able to work or are working reduced hours. ...
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Contributors Featured Income Retirement Social Security

3 Big Social Security Changes Taking Effect in 2024 That Retirees Must Know

KEY POINTS Social Security benefits will get a modest cost-of-living adjustment in 2024, such that the average retired worker will receive an extra $59 per month. The maximum ...
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Contributors Featured Income Retirement Social Security

Social Security COLA 2024: What to Do With the Extra Money

If you’re retired and receiving Social Security benefits, you may be aware that your income and expenses could change in the coming months. Each year, the Social Security Administration ...
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Contributors Featured Income Retirement Social Security

Social Security: Here’s How To Find Out Early How Much Your COLA Increase Is

If you want to figure out how much your Social Security checks will be after the COLA increase without having to wait until then, consider using the 3.2% ...
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Contributors Featured Money Retirement Social Security

Will Social Security Benefits Really Get Slashed by 23% in the Next Decade?

A Social Security funding crisis could be on the horizon if policymakers fail to take action to protect the program in the next decade, threatening a 23% cut ...
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Contributors Featured Income Retirement Social Security

2023 Social Security COLA increase

Millions of Americans depend on Social Security payments to make ends meet. Retired workers are the largest group of beneficiaries, but children, spouses and disabled individuals may also receive these ...
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