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.
Bernie’s ‘Right’ to a Secure Retirement Pumps Social Security
Bernie Sanders unveiled a plan to guarantee the “Right to a Secure Retirement” on Friday, as he and…
ACA Redux? We Don’t Need a Retirement Plan ‘Public Option’
A pair of academics are out with (yet another) policy proposal to address the retirement crisis, the assumption…
Social Security: Retirees Lose $3.4 Trillion by Claiming Too Early
Retirees will collectively lose $3.4 trillion (that’s trillion with a “T”) in potential income that they could spend…
21st Century Beating Up on Social Security Buying Power
Not sure how this is possible in a low inflationary environment when interest rates were kept near zero,…
Early Social Security Filers Often Have Regrets
Nearly four in 10 retirees have regrets about when they filed for Social Security says a new MassMutual study, showing six figures could be at risk.
Reason No. 2,637 for a 401(k)
Social Security Benefits expectations differ: retirees get $1,408 monthly, future retirees expect $1,805. Survey shows key gaps.
Good News for Social Security Solvency
Social Security Trust Fund gains solvency, now projected to last longer with improved reserves and stronger disability fund outlook.
Just 1 in 4 Saving Enough in their 401(k)
Findings that 3 in 4 aren't saving enough in their 401k to maintain their standard of living in retirement reveals a need for better financial literacy.
Good News: Projected Retirement Savings Shortfall Shrinking
Eligibility for participation in a defined contribution plan like a 401k was found to have a big impact…
Top 10 Senior Scams (And the Billions they Cost)
Older Americans lose a staggering $2.9 billion a year to financial exploitation schemes as a new study shows retirement account scams tripled in 2018.