Retirement News

These lesser-known strategies could give your benefits a major boost.

Understanding how a Roth IRA and 401(k) work will help you create a retirement game plan for 2024.

Next year's COLA may not go as far as you think.

It's a positive shift that will result in a better retirement for a lot of people.

The average Social Security retiree receives a benefit of $1,918.28 per month. Find out what this means for you.

Spousal benefits are an important part of Social Security. Here are some nuances all couples need to be aware of.

You can easily do for yourself what they did (at least most of it).

Be clear about your retirement goals and needs so you can plan accordingly.

Medicare's open enrollment period is still months away, but that doesn't mean you can't take action now.

The good news is that Social Security beneficiaries can expect a raise next year. But there are a couple of potential drawbacks to know.

A living trust can simplify the inheritance process and ensure things go as you intend when you pass away.

Social Security benefits could lose buying power for the second straight year in 2025, something that hasn't happened since 2021.

A larger 2025 COLA is possible. But the path to a larger raise may not be beneficial to seniors.

Spousal benefits are pretty common, but it takes more than simply saying "I do" to qualify for them.

It's not the end-all, be-all comparison, but it can be a starting point as you ponder if you should be doing more to build your nest egg.

Building a million-dollar retirement may sound intimidating, but all it takes is time, a strategic plan, and consistency to move toward your goal.

At the end of the day, it probably doesn't matter when you claim benefits.

Becoming a retirement super-saver is within reach, with a few tweaks to your finances.

During the month of July, we'll get the first real numbers that will determine the amount of the 2025 Social Security Cost of Living Adjustment. Learn more here.

The person sitting in the Oval Office beginning on Jan. 20, 2025, could affect what retirees' future Social Security increases will be.