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.
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.
Americans Favor Pensions Over 401(k) Plans?
Retirement crisis in America shows workers trust pensions over 401k plans and want government action to strengthen retirement security.
GAO: U.S. Should Re-Evaluate Retirement Financing
Nation’s retirement system needs comprehensive evaluation to better promote future retirement security and stave off potential insolvencies.
10 Best and Worst States to Retire
Some surprises, some not. How does your state rank in retirement friendliness? Which should be considered if your…
5 Ways the New Congress Can Boost Women’s Retirement Security
Max Richtman notes the sheer number of females sworn into the 116th Congress, and how it provides increased…
How Much Do 401(k) Savers Need to Retire?
Retirement spending often exceeds expectations. Learn why saving beyond your plan is key to securing your financial future.