Thinking of claiming Social Security? Be prepared for less than the $4,194 maximum
For most people, benefits will fall far short of the maximum because their wages over their career will fall far short of the maximum taxable wage.
Older Americans more likely to leave work due to COVID-19, study finds - but not all claiming Social Security
The number of older Americans leaving the current workforce grew by 50% during the COVID-19 pandemic. Here’s why they didn’t submit new claims for Social Security benefits.
It's not too late to make these 4 retirement moves
Wondering if you've done enough to save for retirement? Here are some moves that are worth trying.
Social Security 2022 benefits payment schedule – when to expect your checks
The Social Security Administration released its schedule of payments for 2022. Here's when you can expect your benefits, and what to do if you are struggling with expenses.
Social Security payment increases may be offset by these 5 expenses
Those receiving Social Security benefits could struggle to meet basic needs in the year ahead. Here are the top five expenses they could struggle with.
Social Security benefits see highest boost in 40 years, but inflation is higher
Social Security benefits will increase at their highest rate in 40 years, but the latest inflation numbers are even higher. Next year's increase may not be enough for seniors living on Social Security income.
This Social Security statement change could simplify your retirement planning
The Social Security Administration will be sending out newly redesigned statements that helps Americans better understand and maximize their benefits.
Want to keep more of your Social Security benefits? Make these 3 moves
The federal government imposes taxes on Social Security benefits, too. Whether you'll have to pay them will depend on your provisional income.
Stimulus check for Social Security recipients? Why a senior citizens group says it's urgent
The Senior Citizens League sent a letter to Congress, urging it to issue a fourth stimulus check of $1,400 to Social Security beneficiaries.
Why is Social Security running out of money?
If no action is taken, Social Security could run out of funds by 2033. Here's why, and what you can do if you need more funds.
5 signs you're really ready to retire
Before you give up a paycheck, it's best to make certain you can really support yourself without income from an employer.
Social Security benefits could be slashed earlier than expected
Although Social Security payments recently increased at their highest rate in 40 years, payments could soon be slashed by 20%. Here's why, and what you can do if you are struggling financially.
Social Security payments increasing significantly in 2022, new bill could send payments higher
The Social Security Administration is seeing some changes, including increased payments to go out in 2022. Now, members of Congress are introducing a bill to save the program and expand its benefits.
It's time to talk to your spouse about retirement. Here's how to start.
Do you and your spouse have the same kind of retirement in mind? Here's how to find out.
How much can I earn as a retiree before I have to pay tax on my income?
The Credible Money Coach discusses income taxes for reader who still works and receives Social Security benefits.
Claiming Social Security at 62? Here's the maximum you can receive
Although you'll receive reduced checks by claiming early, you can still receive thousands of dollars per month.
5 price increases that will eat away at your Social Security raise
Here are some areas facing rising prices, which could impact your Social Security benefits.
Social security paychecks to increase at highest rate in nearly 40 years
Social Security is set to increase in 2022 at its highest rate in 40 years amid record inflation. Here's what to do if you are struggling for cash.
Do you believe these 3 common retirement myths?
Many people underestimate the amount they need to save for a comfortable retirement. Don't want to make that mistake? Here's how.
Can Social Security save your retirement when your nest egg falls short?
Here's what you need to know if you're approaching your senior years with limited savings.