Retirement tax planning isn’t just for millionaires.
The Social Security Board of Trustees released its annual report on the program’s health, and the news was so-so.
A new report emphasizes that Social Security is spending more than it is taking in and we need to collect more taxes or spend less on the program.
A GAO study finds that Social Security remains the largest component of household income in retirement, making up an average of 52 percent of household income for those age 65 and older.
The main responsibilities of a payee are to use the benefits to pay for the current and foreseeable needs of the beneficiary and properly save any benefits not needed to meet current needs
If you lost or laundered your paper Medicare card, Social Security has a new way for you to replace it.
It is possible to request the Social Security Administration to use your current income levels if you experienced a life-changing event that causes your income to drop substantially.
The Senior Citizens League’s “2015 Survey of Senior Costs” showed a dramatic drop in inflation over the past year, due mostly to falling oil prices.
For 6 in 10 (59 percent) employed retirees, the primary reasons they work are nonfinancial, including to stay mentally alert (18 percent), to remain physically active (15 percent) or to have a sense of purpose (14 percent).
Fewer people are claiming Social Security at age 62, according to a new analysis.