The Social Security Administration said the bill would keep the program solvent through 2054.
A good year in the markets also means higher required distributions from retirement accounts.
Fewer than 1% answered all 13 true-or-false statements correctly on an online quiz by MassMutual.
The Senior Citizen League's Mary Johnson has been a reliable source of annual COLA increase projections.
The intellectual case for getting rid of tax-advantaged retirement plans is strong, and the political case is catching up.
This remarkable solution to enhance retirement security is found in the most unlikely of places: life insurance.
The Social Security Administration said the bill would keep the program solvent through 2054.
Clients can see their benefits increase 8% per year by suspending them or starting them over later.
Permanent legal residents can qualify for Social Security benefits provided they meet the eligibility guidelines.
A good year in the markets also means higher required distributions from retirement accounts.
The former Treasury Secretary estimated that about 60% of the increase in debt from 2000 to 2022 came from tax cuts.
The rule fails to provide the personalized approach needed in retirement planning.
Seven ideas for how to save smarter, from automation to rollovers and Roths.
Clients can see their benefits increase 8% per year by suspending them or starting them over later.
Here are a few ways the agency bestows financial security to its beneficiaries and their survivors and dependents.
It's a sign of slowing growth in a business that has powered insurers' earnings for years.
Cuts will happen unless Congress closes the gap between tax revenue and promised benefits.
Advisors must be prepared when clients meet with the Social Security Administration.
Social Security is expected to exhaust its financial reserves in 2033, when benefits will automatically be cut by a quarter.
The risk that Americans will face poor returns early in retirement is greater than it's been in years, he says.