Higher 401(k) contribution limits not helping many workers
This dearth of retirement savings has lasting repercussions for future retirees.
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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 $1,656…
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…
“Surveys show that a significant portion of the population doesn't believe that they're going to receive Social Security benefits, those people are mistaken” Akabas said. “The program is not going…
What three financial advisers suggest and how the U.S. government could help low- and moderate-income retired Americans
The USC researchers also found that women were more likely than men to have been overly optimistic about retirement-benefits expectations. As a result, men “are more likely to save more…
Some retirees may be surprised to learn that a portion of their Social Security benefits could be subject to federal income taxes.