Half a million seniors impacted when Social Security checks go paperless this fall
Beneficiaries will have to choose between direct bank deposit or a debit card. The change could be a hardship for the unbanked and those without internet access.
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Beneficiaries will have to choose between direct bank deposit or a debit card. The change could be a hardship for the unbanked and those without internet access.
The agency faced backlash about limiting customer service for millions of seniors.
Many retirees wish they'd saved more and started earlier, studies find.
Inflation dipped for the first time since 2020, but the latest reading reflected increases in categories where much of seniors' income goes.
If we look at how people are doing in retirement, on average, or how much their 401(k) accounts have grown, it really hides the reality of the state of American…
There's still time to put a dent in your 2023 taxes.
You can’t ignore the "use it or lose it" aspect of staying mentally sharp, which continuing to work can help with.
"Increased longevity changes everything," Joseph Coughlin, director of the AgeLab at MIT, told Yahoo Finance. "It is not just about more time, it adds more complexity."
An 8.7% bump still is uncommon and would be the largest since 1981, when the COLA was 11.2%. A COLA of 8.7% would ramp up the average retiree benefit of…
According to the new Fidelity Retiree Health Care Cost Estimate, a retired opposite sex couple age 65 in 2022 may need an average of $315,000 saved (after tax) to cover…