Browsing Tag
Social Security
396 posts
Social Security is a U.S. government program that provides financial support to retirees, people with disabilities, and surviving family members. It’s primarily funded by payroll taxes and provides monthly benefits to those who have contributed to the system.
Calculators Show Impact of Potential Social Security Benefit Cuts
As the retirement planning world awaits the latest annual Social Security Trustees report—expected to drop any day now—one…
Episode 24: The American College’s Wade Pfau on Common Retirement Income Mistakes that Can Kill a Portfolio
Sponsored By: Dr. Wade Pfau is a Professor of Retirement Income with The American College of Financial Services.…
Will Biden’s Proposed 401(k) Tax Deduction Change Fly in Congress?
Bipartisanship was heavily emphasized in a webinar discussion about what will likely happen with retirement legislation in the…
Will Social Security WEP Ever Be Fixed? Does it Need to Be?
House Ways and Means Committee Chairman Richard Neal, D-Mass, reintroduced legislation in early April to “fix” the Windfall…
Only 3% of Near-Retirees Aced this Basic Social Security Quiz. Would You?
More than half of near-retirees don’t know much about Social Security, apparently. Just over one-third (35%) of people…
Retirees Unhappy With 2021 Social Security COLA ‘Boost’
That 2021 Social Security cost of living adjustment (COLA) increase of 1.3% isn’t keeping up with real-world cost…
6 Retirement Rules of Thumb Most Americans Get Wrong: Slideshow
Among the wide-ranging findings in Fidelity Investments’ 2021 State of Retirement Planning Study, released March 24 (see related…
Biden Ponders Major Tax Hikes for Corporations, Wealthy
Financial advisors’ antennae are up on news this week that President Joe Biden may be planning the first…
What Stock Market Run? Half of Retirees Have Not Recovered from Pandemic
Despite the stock market reaching record highs, an alarming number of retirees say their retirement account balances had…
While Politically Divided, Americans United in Fear of Affording Retirement
Everyone knows how politically divided the country is these days, but Americans can agree on some things: The…