Browsing Tag
Social Security
391 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.
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…
Social Security: Safety Net or Snare?
“Many people think they can control when they retire. The truth of the matter is, there are lots…
What Raising Retirement Age Does to Retirement Rates
The most popular age at which to start claiming Social Security benefits is the minimum of 62, according…
Could the 401k Be a Social Security ‘Bridge’ to More Income?
When to begin receiving Social Security benefits is one of the most important (and stressful) decisions many retirees…
Here’s How Much the Average Retiree Has Now (Hint: It’s Not Enough)
According to a new report, the average retiree has $177,787 in retirement funds, which is just 39% of…
This is the No. 1 Fear of Americans Facing Retirement
Pop quiz, hotshot: What is the No. 1 fear of Americans facing retirement. Give yourself a gold star…