Millions of Americans depend on Social Security, but a little-known rule in the system could reduce future benefits if no action is taken.
You depend on Social Security for steady monthly income, so any talk of a sharp cut grabs your attention. You could see a typical $2,000 check fall to about $1,540 if automatic adjustments take effect ...
The No Tax on Restored Benefits Act would offer a gross income tax exclusion for retroactive Social Security benefits.
Advocates such as the Economic Policy Institute describe Social Security as “by far the most effective antipoverty program in ...
Social Security’s new COLA boosts benefits, but Medicare premiums, IRMAA surcharges, Part D costs and tax withholding can shrink retirees’ real increase.
You can receive up to 50% of your spouse's primary insurance amount by claiming spousal benefits. You must be at least 62 ...
The Social Security system was established to prevent Americans from falling into poverty in their retirement years, yet for the sake of fairness, anyone who’s worked qualifies for these benefits — ...
If you are among the more than 70 million Americans who will receive Social Security benefits in 2026, there are several changes to the program that will impact your payments. Among the key ...
Retirement planner Dana Anspach explains why timing Social Security benefits requires more than rules of thumb or recent market trends. The optimal Social Security claiming age depends on health, ...
The first Social Security payments of 2026 are set to go out in January, reflecting a 2.8% cost-of-living adjustment (COLA). Social Security typically pays benefits on Wednesdays. The first wave of ...
With the arrival of the new year, Social Security payments will get a cost-of-living adjustment (COLA). An increase of 2.8%, which averages out to $56 per month, kicks in on January payments to those ...
The walls of the Wilbur J. Cohen Federal Building, which lies blocks from the U.S. Capitol, are decorated with stunning New Deal-era murals. The most famous of these murals, The Meaning of Social ...