Aug 8, 2024 by Christy Bieber3 Unexpected Reasons 62 Is the Best Age to Claim Social SecurityClaiming Social Security at 62 means shrinking your benefits, but there are some surprising reasons that starting your checks so young could be the right move.
Aug 8, 2024 by Maurie BackmanPrediction: These 3 Changes Are Coming to Social Security in 2025Whether you're collecting benefits now or not, it's time to prepare.
Aug 8, 2024 by Trevor JennewineSocial Security Benefits Get a Cost-of-Living Adjustment (COLA) in 2025. But There Is a Big Problem for Retirees.Social Security benefits are on pace to get a below-average cost-of-living adjustment (COLA) in 2025
Aug 7, 2024 by Christy Bieber3 Things to Know Today About Social Security's 2025 COLASocial Security includes a cost-of-living adjustment (COLA), and you need to understand how it works and what your raise might look like next year if you're a retiree.
Aug 7, 2024 by Charlene Rhinehart1 Retirement Savings Hack That Has Created Many Millionaires, and Will Continue to Make MoreThe odds of reaching a million-dollar retirement will be slim to none if you miss out on this strategy.
Aug 7, 2024 by Ryan DownieKnowing That the Median Retirement Account is $87,000 Won't Help Me Plan for Retirement. Here's How I'm Tracking Success Instead.Shifting your emphasis away from account values can transform your retirement plan for the better.
Aug 7, 2024 by Kailey Hagen, CFPWill You Get More Social Security Benefits in 2025? It's ComplicatedA Social Security cost-of-living adjustment (COLA) is almost certain, but it might not leave seniors better off.
Aug 7, 2024 by Maurie BackmanI Used to Think I'd Claim Social Security at 70. Here's Why I Now Think That's a Mistake.The idea of a larger monthly benefit is nice. But I think filing earlier might be a better choice for me.
Aug 6, 2024 by Christy BieberAre Your Social Security Benefits Higher or Lower Than the Average American's?The average monthly Social Security benefit was $1,918.28 as of June 2024. How do your benefits compare?
Aug 6, 2024 by Stefon Walters2 Steps to Claiming the $4,873 Max Monthly Social Security BenefitYou'll have to meet income requirements as well as delay benefits as late as possible.
Aug 6, 2024 by Maurie Backman3 Myths About Required Minimum Distributions (RMDs) in Retirement You Shouldn't BelieveIt's important to know how RMDs work -- and plan for them accordingly.
Aug 6, 2024 by Christy Bieber3 Reasons I'd Never Claim Social Security at 62While 62 is the earliest possible age to claim benefits, I'm absolutely not interested in starting my checks at that time. Here's why I wouldn't claim benefits so young.
Aug 6, 2024 by Stefon WaltersIt's True: Most States Do Tax Some Retirement IncomeAnd even retirees lucky enough to avoid state taxes should be aware of the federal tax rules.
Aug 6, 2024 by Maurie BackmanYou May Want to Claim Social Security at 67 for One Simple ReasonAnd it's a surprising one, too.
Aug 5, 2024 by Katie BrockmanSocial Security: Here's Exactly How to Decide Whether to Take Benefits at 62, 67, or 70It's simpler than you might think to make this critical decision.
Aug 5, 2024 by Maurie BackmanForget 401(k)s: Here's Why IRAs Are a Much Better Choice for Your Retirement Savings.There are benefits to 401(k) plans, but there are numerous drawbacks, too.
Aug 5, 2024 by Selena Maranjian41 States That Don't Tax Social Security BenefitsWhen it comes to the taxation of Social Security benefits, there's good news and good news.
Aug 5, 2024 by Katie BrockmanIs $1 Million Really Enough to Retire? Here's How to Find Out.It's possible you may need far more (or less) than $1 million to retire comfortably.
Aug 5, 2024 by Maurie BackmanYou Can Undo Your Social Security Filing if You Claimed Benefits Too Early. Here's Why That May Not Be a Good Option for YouJust because you get a do-over doesn't mean it's feasible.
Aug 4, 2024 by Kailey Hagen, CFPHere's How Much Social Security the Average Senior Gets Over a 20-Year RetirementMonthly checks may not provide as much as you like, but you'll still get a substantial sum from Social Security over a few decades.