Social Security

Social Security

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Social Security cost-of-living increase will boost benefits 5.9% in 2022 as inflation spikes

Now that’s more like it. Older Americans scraping by on meager increases in their Social Security checks the past decade will reap a relative windfall next year. The ...
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Featured Income Retirement Social Security Taxes

6 Things Many Americans Get Wrong About Social Security

Social Security is a significant source of income for many retirees, but people often misunderstand even basic concepts behind this government program. Nearly 90% of American adults say ...
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Featured Social Security Taxes

The Social Security tax cap kicks in at this salary figure in 2021

Some people are investing in their retirement without even realizing it. If you have a traditional job, you pay 6.2% of your salary per year in Social Security ...
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Annuities Featured Insurance Retirement Social Security

Opinion: How retirement planning needs to change in the new year

Considering annuities, insurance, new investments and delaying Social Security? Read more at MarketWatch ...
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This Common Myth About Social Security Simply Isn’t True

Congress raided Social Security, and that’s why the program’s trust fund is running dry. At least that’s what many people believe about why this popular retirement program is in ...
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Featured Income Retirement Social Security

10 Jaw-Dropping Stats About Social Security

Retirement was a much riskier time of life in America before the 1935 debut of Social Security. The program was designed to help Americans live more comfortably in ...
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Featured Income Retirement Social Security

Doing this one thing with your Social Security could mean losing $100,000 in retirement

Retirees will lose an average of $111,000 in income per household because they took Social Security benefits too early into their retirement, rather than draw down on their ...
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Featured Retirement Social Security

Nearly Half of Baby Boomers Are Making This Expensive Retirement Mistake

Retirement is an exciting milestone that’s decades in the making, but it also requires a tremendous amount of planning. Simply winging it by saving what you can and ...
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Social Security

This Social Security claiming strategy could add thousands to your retirement income

The 2015 bi-partisan budget act killed the “File and Suspend” as of April 29. But that doesn’t mean the end of smart Social Security election options that could ...
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Retirement Social Security

House Democrats To Counter Republican Moves On Social Security

July 21, 2015 House Democrats are deploying their countermeasure in the upcoming fight with Republicans over Social Security. Democratic Rep. Xavier Becerra, chairman of the Democratic Caucus and ...
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