Retirement News

Approximately $23 billion in Social Security overpayments were outstanding as of Sept. 30, 2023, and the Trump administration aims to collect.

A 401(k) is a common type of retirement account that employers offer to their workforce.

The average benefit is rising each year, but it hasn't eclipsed $2,000 yet.

These exceptions apply to IRAs but not to a 401(k).

Don't assume that your workplace retirement plan is your best savings option.

Be sure you know what to expect.

It's shaping up to be a lose-lose situation all around.

Even though the flagship tax and spending law makes no changes to the Social Security Act, it's forecast to have a decisively negative effect on Social Security's financial outlook.

Nearly 75% of Americans are unaware of this Social Security move.

The key thing to remember about Social Security is that the purpose of the benefits is to enable you to have the best retirement possible.

Retirees should prepare for a permanent benefits reduction by claiming at 62.

Before ditching your employer, make sure you're not leaving money on the table.

You'll be doing yourself a big disservice by not learning more about this key savings option.

The official announcement is still a few weeks away, but we have a pretty good guess already.

It can be hard to gauge whether you're saving enough for your retirement or not, but these statistics from Vanguard can put your efforts in perspective.

It pays to wait on your benefits, even though it may not be easy.

Cost-of-living adjustments typically increase Social Security benefits annually.

Though none of these are guaranteed to happen, you should keep them all on your radar.

Feeling nervous about potential changes to Social Security is a natural reaction, but the reality of the situation may help soothe your nerves.

Artificial Intelligence (AI) ushers in benefits and a potential for harm. Cybercriminals have more tools than ever to separate everyday people from their money.