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,…
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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,…
“We don't even include Social Security in our clients’ retirement income plans until they are ‘actually’ taking it.”
There are things that can be done relatively late in the game.
A number of retirement reforms were included in the federal spending package that passed Congress.
This dearth of retirement savings has lasting repercussions for future retirees.
Most older Americans will have a sizable boost in their monthly retirement income next year.
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…
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
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…
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…