Claimed Social Security Too Early? Here’s Some Good News.
Waiting until full retirement age to sign up for Social Security means avoiding a reduction to your monthly benefits. If you're someone who expects to be pretty reliant on Social...
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How Much Is the Required Minimum Distribution (RMD) on a $250,000 Retirement Account?
Tax-deferred accounts such as traditional IRAs and 401(k) plans allow workers to delay paying taxes on qualified contributions. But the government must eventually get its due. Upon reaching a certain...
Retirees on Social Security Just Got Some Excellent News
Getting most or all of your income from Social Security in retirement isn't ideal. And the reason is that you're looking at a pretty significant pay cut if you don't...
Key Social Security Rule Changes Are Coming April 14. Here’s What Retirees Need to Know.
Social Security is a lifeline for millions of Americans. The program dished out about $1.6 trillion last year to 69 million Americans -- 52 million of them retirees. While the...
3 Reasons Your Social Security Check Might Drop Unexpectedly
Even if you have personal savings, life without Social Security would probably be difficult. You count on those regular checks to help you cover your living expenses. If anything, they...
You May Have Missed These Social Security Changes That Took Effect in 2025
There's been a lot of economic news to digest lately -- inflation levels, recession fears, and back-and-forth tariff policies. Because of this, Social Security is a topic that may have...
The Social Security Fairness Act’s Benefit Increase Could Come With a Surprise Bill for Some
Your Social Security checks could look a little different this month if you're one of the 3.2 million Americans affected by the recent passage of the Social Security Fairness Act....
What President Trump’s Tariff Turmoil Could Mean for Your Next Social Security COLA
Many retirees are watching their 401(k) and individual retirement account (IRA) balances sink further seemingly daily. Whatever you might think about President Donald Trump's steep tariffs, they're indisputably wreaking havoc...
Here’s the Average Social Security Retired-Worker Benefit by Age (From 62 Through 99)
No social program is responsible for pulling more people out of poverty each year than Social Security. According to the Center on Budget and Policy Priorities, the program lifted 22...
Is the Stock Market Still the Best Place for Your Retirement Savings?
The past few weeks have been a rollercoaster ride for investors. Stock values have plunged, causing many people to panic. And with a lot of economic uncertainty ahead, there's no...
2 Missteps to Avoid If You’re Counting on Your IRA for Retirement
Do you ever feel like a hamster on a wheel, constantly moving but not getting anywhere? At its busiest, life can feel that way. You triage the things you need...
Working While on Social Security? 3 Pros and 1 Very Big Con to Know About.
If you've recently retired and started collecting Social Security, you may be appreciating your newfound freedom from having to go to work. But it's not a given that you'll stop...
How Much Social Security Will You Get if You Start at 62?
You can claim Social Security as early as age 62 if you qualify for benefits, but doing so can be costly. In this short video, Matt Frankel, CFP®, will discuss...
This Hidden Social Security Rule Could Mean a Bigger Check for Those Working After Claiming Benefits
Your Social Security benefit isn't set in stone once you start collecting benefits.
President Donald Trump’s Tariff Policy Likely Comes With Unintended Consequences for Social Security’s 2026 Cost-of-Living Adjustment (COLA)
For most Americans, Social Security provides indispensable monthly income they'd struggle to make do without. In each of the past 23 years, Gallup has surveyed retirees to gauge their reliance...
5 Strategic Ways for Retirees to Use Their Required Minimum Distribution (RMD)
You're probably aware of required minimum distributions (RMDs) if you're retired or nearing retirement. But did you know that RMDs were first mandated in 1974, the same year individual retirement...
4 Questions Workers Should Ask Before Retiring in a Bear Market
If you're nearing retirement and watching your retirement accounts take a swan dive, I feel your pain. My husband is about 48 months away from his dream retirement date, and...
Avoid These 4 Common Required Minimum Distribution (RMD) Mistakes
How great is it that a tax-deferred retirement plan allows you to invest pre-tax dollars? Such plans encourage saving for your golden years while reducing the taxes you owe. The...