If Social Security’s surplus ran out…
The recent annual report for the Old-Age and Survivors Insurance (OASI) Trust Fund, which pays retirement and survivor benefits, showed Social Security's reserves are projected to run out in 2033,…
Better plan on Social Security shortfall, advisors say
“We don't even include Social Security in our clients’ retirement income plans until they are ‘actually’ taking it.”
Author and Retirement Expert Mark Miller: “Make Social Security bigger”
There are things that can be done relatively late in the game.
The biggest 2023 retirement changes coming your way
A number of retirement reforms were included in the federal spending package that passed Congress.
Higher 401(k) contribution limits not helping many workers
This dearth of retirement savings has lasting repercussions for future retirees.
Lower Medicare premiums and deductibles on way for 2023
Most older Americans will have a sizable boost in their monthly retirement income next year.
Social Security COLA bump may not be as big as expected
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…
Unretiring? You might face the Social Security earnings test
Roughly 1.5 million retirees have unretired and reentered the U.S. labor market over the past year, Nick Bunker, the director of economic research at Indeed Hiring Lab, told Yahoo Money
Retirees could see biggest bump in Social Security in decades
The cost-of-living adjustment for Social Security benefits, or COLA, could be an increase of 9.6% next year, boosting the average retiree benefit of $1,656 by $159 per month, according to…
Millennials may get hit with a loss of up to $675,000 in Social Security benefits
Unless there are reforms to the Social Security program before the surplus is depleted in 2034, millennials should expect roughly a 20% reduction in Social Security benefits when it’s time…