Browsing Tag
Social Security
398 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.
Alarming Number of Retirees Rely Solely on Social Security
A new report finds that a large portion—40%—of older Americans rely only on Social Security income in retirement.…
Bill to Resume Social Security Statement Mailings Advances in House
The Senate may soon have another retirement savings reform bill to add to the already overcrowded desk of…
Nearly Half of Families Have ‘No Retirement Savings,’ However …
Whom to believe? New research from the left-leaning Economic Policy Institute finds that the shift to defined contribution…
Timing is Everything in Retirement Planning
Everyone knows that at a certain point—many would say the sooner the better—people need to start planning for…
It’s Official: 1.6% Social Security COLA for 2020
Social Security COLA 2020 brings a 1.6% increase, raising benefits but concerns remain over buying power and retirement security.
Why Seniors are Delaying Retirement? Only $133,108 in Savings
It’s no huge mystery why so many people end up delaying retirement. If they have a job, they’re…
A Closer Look at Elizabeth Warren’s Social Security Expansion Plan
Last week, on the day of the most recent Democratic presidential candidate debate, Massachusetts Sen. Elizabeth Warren unveiled…
Steep Social Security COLA Drop Expected for 2020
The Social Security cost-of-living adjustment (COLA) for 2020 will be considerably lower than the 2.8% COLA received this…
ACA Not Prompting Earlier Retirements, Study Finds
ACA impact on retirement finds no early exits from work, as older Americans keep working despite increased health coverage.
Field of Dreamers: Half of Iowans Not Currently Planning for Retirement
They may be planning a Major League Baseball game in the middle of a cornfield for next season,…