Social Security is one of the greatest pieces of your retirement plan,” said Kerry Hannon, co-author of the new book “Retirement Bites: A Gen X Guide to Securing Your Financial Future,” which aims to ...
Up to 85% of your Social Security benefits may be taxed, but a new "senior deduction" can cut taxes—unless your income is too high from working in retirement.
The Social Security Administration has clarified its stance on raising the retirement age. While Social Security can supplement your retirement fund, Americans should still look to grow their own ...
A new bipartisan congressional proposal for the beleaguered Social Security program aims to change the wording around key ages people can claim retirement benefits, to clarify that waiting longer ...
The current full retirement age for Social Security for people born in 1960 or later is 67 years old. However, anyone can start receiving Social Secruity benefits at 62 years old. Bisignano appeared ...
The administration continues to frame its approach around protecting benefits while exploring other avenues to bolster solvency.
Trump administration considers raising retirement age as Social Security faces 2034 insolvency and potential 24% benefit cuts for millions.
When thinking about retirement income, Social Security plays a key role for many Americans. For those who are divorced — or considering divorce — questions often come up about whether splitting from a ...
Along with potentially raising the retirement age, Commissioner Frank Bisignano suggested other measures to address the funding challenge.
According to the Congressional Budget Office, raising the retirement age from 67 to 69 would cut lifetime benefits by up to 13 percent for those born after 1971. The Committee for a Responsible ...
The timing of the first weekend in November requires the SSA to distribute two payments in October. The month's first round of disability checks is next week.
This article is brought to you by Gregory Ricks & Associates. Whether you are a few years out from full retirement age or you are just beginning your career, there is no better time to plan for your ...