Where do Republican presidential candidates stand on Social Security?
Five Republican presidential candidates sparred during the third debate in Miami on Wednesday over how best to improve the solvency of Social Security.
Retirement crisis: Great Recession takes its toll on younger Boomers
The Great Recession diminished the retirement savings potential of late Boomers, a study found. And cost adjustments to Social Security could be smaller next year.
Best cities to retire in 2024
Pennsylvania remained on top for retirees as a new city within the Keystone State officially took on the title of best U.S. location to retire, a newly-released indicated.
401(k) hardship withdrawals are surging as high inflation squeezes Americans
More Americans are making hardship withdrawals from their 401(k) retirement plans to cover emergency expenses as they struggle with chronic inflation.
Social Security income is central to growing number of retirement plans: survey
One in five adults aged 50 or older said they have no source of retirement income besides Social Security, up from 13% in 2014, a recent Nationwide survey said.
Cost to retire continues to skyrocket as Biden targets retirement advice
The White House introduced a new rule on financial advice within your retirement plan and fixed index annuities, as data shows the average U.S. retiree is behind on savings goals.
Share of Americans borrowing from 401(k) multiple times rises
A 401(k) loan can help you pay off debt, but it can harm your retirement savings and become a repeat move depending on various factors, one study found. Here's what to know about 401(k) loans.
US retirement system earns just a C+ in global study
A new ranking of world retirement systems conducted by Mercer gave the U.S. a C+ grade, citing concerns over its efficacy and long-term sustainability.
Social Security benefits to receive 3.2% pay bump next year: See how much money you could receive
The Social Security Administration announced that beneficiaries will receive a 3.2% pay bump in 2024 in order to offset the costs of still-high inflation.
Seniors get slight boost for 2024 Social Security checks
The new 2024 Social Security COLA Announcement will give seniors a slight boost to their monthly benefit checks. Some seniors say, it's still not enough to survive on.
Social Security recipients to receive 3.2% COLA increase in 2024
The Social Security Administration on Thursday announced the cost-of-living adjustment for 2024 as retirees continue to confront unusually high inflation.
Social Security COLA update is coming this week. Here's what retirees need to know
The Social Security cost-of-living adjustment for 2024 is expected to be announced this week, and beneficiaries may be in store for a smaller increase.
Social Security cuts: Retirees could face more than $17,000 in annual benefits losses
Social Security could run out of money to make full benefits payments in 2033, spurring as much as $23,000 in benefits cuts for retirees, a study found. Here’s what you need to know.
Financial expert explains retirement-saving traps to avoid
Ramsey Solutions financial expert George Kamel shares tips on how to save and plan for retirement.
Retirement account balances increase for third straight quarter
Average 401(k) and IRA balances have risen for three straight quarters, Fidelity reported. But some savers face particular hurdles.
Social Security payments could rise 3.2% in 2024
The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.
Investing executive warns Americans that 'unprecedented' SEC regulations are coming for their pension funds
SEC regulations will make it much more expensive and costly for pension managers to operate their funds and generate returns, according to an industry expert.
Social Security cost-of-living adjustment could be bigger than expected next year
Social Security recipients will soon find out what their cost-of-living adjustment is for 2024 – and the bump may be bigger than previously projected.
IRS announces changes impacting catch-up contributions
The IRS announced a delay for changes under the Secure 2.0 Act to Americans' catch-up contributions to retirement accounts, allowing those to be made on a pretax basis through 2025.
40% of Americans forced into early retirement: survey
Ninety-eight percent of Americans said that successful retirements are centered around preparation and planning, yet 40% are being forced into an early one, according to a recent Edward Jones survey.